642 Nepean HighwayFrankston South VIC 3199
Property Details for 642 Nepean Hwy, Frankston South
Last Listing description (February 2016)
A RARE OPPORTUNITY NOW EXISTS TO SECURE ONE OF THE FINEST POSITIONED PARCELS OF LAND IN SOUGHT-AFTER BEACHSIDE OLIVER S HILL. THIS PRIME SLICE OF REAL ESTATE ON 2400 SQM. APPROX. IS THE PERFECT PROSPECT TO BUILD AN EXCLUSIVE RESIDENCE (STCA) TO MATCH THE EQUALLY EXTRAORDINARY SETTING WITH GLORIOUS WATER VIEWS AND ONLY MOMENTS TO DIRECT BEACH ACCESS. THE ENTRY TO THIS PRIVATE AND SECLUDED ENCLAVE IS VIA A NEWLY CONSTRUCTED SEALED ROAD WITH THE SERVICES SUCH AS WATER, SEWER AND GAS ALREADY CONNECTED TO THE SITE INCLUDING CONDUITS FOR ELECTRICAL AND COMMUNICATION PURPOSES. A MUST TO INSPECT TO REALISE THE PROMISING POSSIBILITIES OF THIS RARE OFFERING! BY PRIVATE APPOINTMENT
Property History for 642 Nepean Hwy, Frankston South, VIC 3199
- 18 Feb 2016Listed for Sale $2,500,000
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0About 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 8,142 properties. Over the last 5 years, Houses in Frankston South have seen a 7.14% increase in median value, while Units have seen a 3.77% increase. As at 31 August 2026:
- The median value for Houses in Frankston South is $1,198,937 while the median value for Units is $776,848.
- Houses have a median rent of $725 while Units have a median rent of $623.
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