624 Nepean HighwayFrankston South VIC 3199
Property Details for 624 Nepean Hwy, Frankston South
624 Nepean Hwy, Frankston South is a 4 bedroom, 1 bathroom House. The property has a land size of 1900m2. While the property is not currently for sale or for rent, it was last sold in January 2024.
Last Listing description (June 2026)
This stunning residential allotment offers a once-in-a-lifetime unique opportunity to renovate, build or redevelop (STCA) in a highly sought-after location atop the prestigious Oliver's Hill. Land in this location is exceedingly rare with many of the homes in the vicinity held for generations.
Spanning over 1,909 m2 (approx), the property enjoys a commanding panoramic view over Port Phillip Bay from Davey's beach to Melbourne. The block gently ascends from the clifftop and offers a sensational, accessible site for a custom home build / re-development that perfectly suits your vision and desires (STCA).
The existing home is a charming relic of a bygone era. A much loved family home with a stunning vista to the endless blue horizon. The owner of the property recalls enjoying time gazing from the sunroom to the passing yachts, soaking in the atmosphere of the ever changing coastal scene.
The allotment is situated just a stone's throw away from the shorelines of the beautiful Frankston South beach. Imagine waking up to the sound of lapping waves and enjoying the serenity of the sea at your doorstep.
Whether you are looking to build a contemporary masterpiece, or renew the charming cottage-style home, this property offers the perfect foundation for your vision. The alluring appeal of this gem of Oliver's Hill is gently beckoning a new owner to fulfil the exclusive potential on offer.
Embrace the coastal lifestyle and answer the call to make 624 Nepean Highway, Frankston South, your new address.
Property History for 624 Nepean Hwy, Frankston South, VIC 3199
- 18 Jan 2024Sold for $3,088,000
- 07 Dec 2023Listed for Sale $2,400,000 - $2,600,000
- 26 Jun 2013Transferred
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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 8,140 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.
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