705/435 Nepean Highway, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

705/435 Nepean Highway
Frankston VIC 3199

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Last updated 9 Feb 2026
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Property Details for 705/435 Nepean Hwy, Frankston

705/435 Nepean Hwy, Frankston is a 1 bedroom, 1 bathroom Unit.

Building Type
Unit
Local Government
Frankston

Last Listing description (November 2021)

The Peninsula on the Bay is a premium mixed-use development located in the heart of the famous arts and cultural precinct of Frankston. With premium fixtures and fittings inspired by the beautiful coastal surrounds, tenants can enjoy a perfect urban/costal lifestyle.

Highlights of apartment 705 include:
Fully furnished 1 bedroom & 1 bathroom studio apartment

Private balcony with breathtaking views of Port Phillip bay
Fully equipped kitchenette with Fisher & Paykel appliances
Living & dining area with built-in desk
LCD flat screen TV

Youll be immersed in luxury living with everything you could ever need all under the one roof including cafes, restaurants, state-of-the-art gymnasium, entertainment terrace, New York style laundromat services and professional Business Centre.

Be surrounded by the best gourmet restaurants, cafes and boutique shopping Frankston has to offer. With the beach at your doorstep and Melbourne CBD only a 40-minute drive away, coastal living has never been so easy.

Property History for 705/435 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Listed for Rent
$380/w
05 Nov 2021
  • 20 Apr 2021
    Listed for Rent $380 / week
  • 18 Feb 2021
    Listed for Rent $380 / week
  • 28 Jul 2020
    Listed for Rent - Price not available
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About Frankston 3199

The size of Frankston is approximately 19.8 square kilometres. It has 72 parks covering nearly 21.2% of total area. The population of Frankston in 2016 was 36097 people. By 2021 the population was 37331 showing a population growth of 3.4% in the area during that time. The predominant age group in Frankston is 30-39 years. Households in Frankston are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Frankston work in a professional occupation.In 2021, 58.30% of the homes in Frankston were owner-occupied compared with 56.80% in 2016.

Frankston has 21,754 properties. Over the last 5 years, Houses in Frankston have seen a 37.92% increase in median value, while Units have seen a 37.00% increase. As at 31 January 2026:

  • The median value for Houses in Frankston is $874,464 while the median value for Units is $593,610.
  • Houses have a median rent of $580 while Units have a median rent of $490.
There are currently 94 properties listed for sale, and 61 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1168 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.