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

659 Nepean Highway
Frankston South VIC 3199

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 201m2
Land area: 864m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 24 Aug 2026
Low

High
Save

Property Details for 659 Nepean Hwy, Frankston South

659 Nepean Hwy, Frankston South is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 864m2 and floor size of 201m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
House
Year Built
1960
Floor Size
201m2
Land Size
864m2
Local Government
Frankston
Lot/Plan
120/LP42219

Last Listing description (October 2020)

Full of potential on Olivers Hill!

Please note that due to the most recent restrictions in Victoria regarding COVID-19, we will be temporarily unable to conduct any inspections. Please contact the selling agent for more information on virtual tours of the property.

Just a few hundred metres from Daveys Bay beach and loaded with potential to update or redevelop, this fantastic Olivers Hill opportunity is too good to pass up.

Set on 864sqm (approx.) with four bedrooms, three living areas and spread over two levels, the home is angled to make the most of the northern orientation ensuring a light, bright and warm interior, with easy access via a service lane, and ample parking down a long driveway.

An added bonus is a large full length in-ground backyard swimming pool for summer fun, while the crystal waters of Daveys Bay beach are less than 500m away through the stone gates of Yamala Drive and nearby walking trails along Sweetwater Creek reserve lead to Frankston Beach and the Olivers Hill boat ramp.

A lounge and dining room with polished timber floors, an open fireplace and door to a sunny patio connects with a functional kitchen offering a gas stove and dishwasher.

A downstairs bedroom or additional living area also opens to the patio, a large family room with built-in bar leads out to the pool and paved outdoor entertaining area and there is also a combined laundry and bathroom.

On the upper level is yet another living area, a family bathroom and two of the three bedrooms with built-in robes have access to a north-facing balcony.

With easy access from a service road and only moments from central Frankston and Mt Eliza village, the property also includes a freestanding lock-up garage and handy garden shed.

Should you require further information, please contact Ash Weston on 0439 101 677 or Andrew Condon on 0407 766 774.

Property History for 659 Nepean Hwy, Frankston South, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$840,000
20 Aug 2020
Listed for Rent
$520/w
21 Aug 2020
  • 20 Aug 2020
    Sold for $840,000
  • 14 Aug 2020
    Listed for Rent $520 / week
  • 06 Apr 2020
    Listed for Sale $790,000 - $869,000
Sign in to see more transactions
Commute Calculator

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 8,139 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 8 properties listed for rent in Frankston south on OnTheHouse. According to Cotality's data, 343 properties were sold in the past 12 months in Frankston south.

Suburb Insights for Frankston South 3199

Market Insights
Frankston South Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Frankston South Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.