1/615 Nepean HighwayFrankston South VIC 3199
Property Details for 1/615 Nepean Hwy, Frankston South
1/615 Nepean Hwy, Frankston South is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 372m2. While the property is not currently for sale or for rent, it was last sold in June 2024.
Last Listing description (September 2024)
* Offers Closing this Wednesday the 12th of June at 1.00PM *
This neatly presented two-bedroom villa unit is positioned in a sought-after location atop Oliver's Hill. Enjoy living just steps away from the sparkling beach, Frankston CBD and at the gateway to the famous Mornington Peninsula. The property is in good condition and offers an appealing opportunity to enjoy as is, renovate for profit, and or retain as a low maintenance investment property.
Key Features
* No body corporate fee and just two properties on the block
* The central kitchen is well appointed and overlooks a designated dining space
* A light filled living room extends to an additional sitting or study space
* The unit has quite a large internal footprint offering versatility to renovate
* An appealing indoor to outdoor living arrangement
* 2 spacious bedrooms with built-in robes
* A generous sized semi-ensuite bathroom with a bathtub, separate shower and single vanity
* A separate toilet and separate laundry add to the functional appeal of the property
* Single lock-up garage with an automatic roller door as well as ample room for a second or third vehicle
* A large land component with established gardens
Location & lifestyle:
* Located within the Frankston High School Zone
* Located within the Overport Primary School Zone
* Within walking distance of Frankston Beach
* Easy access to Frankston CBD, shops, and restaurants
* Public transport infrastructure at your doorstep
* A relaxed, coastal lifestyle with plenty of recreational activities
* Located at the gateway to the Mornington Peninsula famous for its beaches, wineries and golf courses.
Additional features include:
* Split system heating and cooling in the lounge and master suite
* Automatic roller door to garage
* Vertical or roller blinds fitted throughout
* Ample off street parking
* Large internal footprint
* Concrete slab & brick veneer construction
We look forward to meeting you at the open for inspection.
Property History for 1/615 Nepean Hwy, Frankston South, VIC 3199
- 14 Jun 2024Sold for $661,000
- 27 May 2024Listed for Sale $580,000 - $638,000
- 29 Jul 2020Transferred
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About Frankston South 3199
The size of Frankston South is approximately 14.6 square kilometres. It has 36 parks covering nearly 10.1% of total area. The population of Frankston South in 2016 was 18199 people. By 2021 the population was 18801 showing a population growth of 3.3% in the area during that time. The predominant age group in Frankston South is 40-49 years. Households in Frankston South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Frankston South work in a professional occupation.In 2021, 78.30% of the homes in Frankston South were owner-occupied compared with 76.20% in 2016.
Frankston South has 8,142 properties. Over the last 5 years, Houses in Frankston South have seen a 40.64% increase in median value, while Units have seen a 25.80% increase. As at 31 October 2025:
- The median value for Houses in Frankston South is $1,264,454 while the median value for Units is $821,466.
- Houses have a median rent of $690 while Units have a median rent of $530.
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