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

632 Nepean Highway
Frankston South VIC 3199

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Floor area: 305m2
Land area: 3639m2
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Property Details for 632 Nepean Hwy, Frankston South

632 Nepean Hwy, Frankston South is a 5 bedroom, 3 bathroom House with 4 parking spaces and was built in 1935. The property has a land size of 3639m2 and floor size of 305m2. While the property is not currently for sale or for rent, it was last sold in February 2022.

Building Type
House
Year Built
1935
Floor Size
305m2
Land Size
3639m2
Local Government
Frankston
Lot/Plan
1/LP58175

Last Listing description (February 2022)

An extraordinarily rare, once-in-a-lifetime opportunity, this graceful 90-year-old home on almost an acre of land on the peak of Oliver's Hill, offers jaw-dropping panoramic views over Davey's Bay and the cerulean expanse of Port Phillip Bay to Melbourne.

A much-adored family home, the charming residence and garden awaits a contemporary renovation or redevelopment to elevate it to the excellence of this most spectacular location, just a blissful stroll to Davey's Bay beach in one direction and Frankston's boardwalk and vibrant foreshore in the other.

Flanked by an expansive alfresco deck with mesmerising bay views and steps cascading down to sweeping lawns, the five-bedroom residence is spread over two levels with two living areas, a library and parents' retreat, while an alfresco terrace off the kitchen with pizza oven and leafy canopy offers a choice of settings to soak up the seaside serenity.

An epicurean kitchen with beautiful stone benches, quality appliances and a butler's pantry allows easy access to the dining room and lounge beyond, with soaring ceilings and walls of sliding glass showing off the passing yachts.

A grand master suite with retreat and spa ensuite is also encased in a wall of windows gazing out across the blue horizon, while a guest room with ensuite, third bathroom, fireplace in a stone surround, carport, fabulous off-street parking, exquisite established gardens and secure gated entry are among a fleet of extras.

Rare, peaceful, private and very quiet, this 3645m2 (approx) property beckons as a project, new home site or future potential to subdivide (STCA) in this exclusive beachside location.

Property History for 632 Nepean Hwy, Frankston South, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$4,650,000
23 Feb 2022
  • 23 Feb 2022
    Sold for $4,650,000
  • 02 Feb 2022
    Listed for Sale Contact Agent
  • 05 Jul 2005
    Transferred
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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 17.32% increase in median value, while Units have seen a 9.43% increase. As at 30 June 2026:

  • The median value for Houses in Frankston South is $1,253,927 while the median value for Units is $793,646.
  • Houses have a median rent of $720 while Units have a median rent of $575.
There are currently 42 properties listed for sale, and 9 properties listed for rent in Frankston south on OnTheHouse. According to Cotality's data, 352 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.