608 Nepean Highway, Frankston South, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

608 Nepean Highway
Frankston South VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 154m2
Land area: 1301m2
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Property Details for 608 Nepean Hwy, Frankston South

608 Nepean Hwy, Frankston South is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 1301m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in April 2019.

Building Type
House
Year Built
1930
Floor Size
154m2
Land Size
1301m2
Local Government
Frankston
Lot/Plan
2/PS747367

Last Listing description (May 2024)

Promising a once-in-a-lifetime opportunity to elevate your lifestyle in the area's most revered location, this rare crowning jewel on the top of beachside Olivers Hill offers the chance to embrace ownership of a historic gem. With the hard work already done and impressive endorsed plans and permits approved, ready to build an awe-inspiring architecturally designed residence from Aych Architects, this is where a groundbreaking new chapter awaits.

Currently occupying the site, the iconic three-bedroom Camellia Cottage plays home to a generous 1,307sqm (approx) allotment, offering the bones and charm for a complete revival or instant liveability. Live in or rent out whilst finalising your own vision, or take advantage of the endorsed plans and permits for a state-of-the-art family residence. With superb landscaping plans by Plume Studio and bay views from the second level, this north-facing beauty is set to lift the bar for lavish cliff-top living.

Prepare to be captivated by the breathtaking design featuring impeccable curves that trace the cliff's edge, setting the stage for unparalleled luxury. The approved plans promise a four-bedroom, four-bathroom residence that redefines opulence. Boasting a decadent poolside entertaining area, premium open-plan living, and a show-stopping kitchen with cellar and butler's pantry. Your sanctuary unfolds with an opulent north-facing master suite, embracing bay and city views, complete with a dedicated dressing room and a luxurious ensuite bathroom. Epitomising extravagance, every detail here elevates coastal living.

Enviably situated neighbouring the vibrant foreshore and CBD, the allure of Mount Eliza's esteemed private schools just moments away, this is the gateway to the peninsula. With the Olivers Hill boat ramp, boardwalk, and Sweetwater Creek trails practically at your doorstep, this is your chance to land a lifestyle of luxury.

Property History for 608 Nepean Hwy, Frankston South, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$1,250,000
11 Apr 2019
Listed for Rent
$490/w
09 Dec 2015
  • 14 Feb 2024
    Listed for Sale $2,000,000 - $2,200,000
  • 11 Apr 2019
    Sold for $1,250,000
  • 05 Mar 2019
    Listed for Sale $1,350,000 - $1,450,000
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About Frankston South 3199

The size of Frankston South is approximately 14.6 square kilometres. There are 36 parks, covering nearly 10.1% of the 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 8,141 properties. Over the last 5 years, Houses in Frankston South have seen a 11.72% increase in median value, while Units have seen a 6.14% increase. As at 31 July 2026:

  • The median value for Houses in Frankston South is $1,227,734 while the median value for Units is $783,678.
  • Houses have a median rent of $720 while Units have a median rent of $610.
There are currently 34 properties listed for sale, and 11 properties listed for rent in Frankston south on OnTheHouse. According to Cotality's data, 347 properties were sold in the past 12 months in Frankston south.

Suburb Insights for Frankston South 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.