SOLD
Sold on 09 Dec 2023 for $320,000

1/388-390 Nepean Highway
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 69m2
Land area: 3871m2
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Property Details for 1/388-390 Nepean Hwy, Frankston

1/388-390 Nepean Hwy, Frankston is a 2 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 3871m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Frankston in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
69m2
Land Size
3871m2
Local Government
Frankston
Lot/Plan
1/RP16502

Last Listing description (April 2022)

**LEASED BY AQUIRE**

Check out this two bedroom, one bathroom apartment only minutes from Frankston's most popular beaches, shopping centre and business district. New timber flooring has also gone into freshening up this ground level, spacious unit.

Be welcomed into a light filled lounge that flows effortlessly into the kitchen dining area., Bedrooms are very good sized with loads of cupboard space. Bathroom is oversized and features bathtub.

Imagine being able to walk across the bridge to one of Melbourne's best beaches, or into Frankston Centre to watch a movie, have dinner with friends, or catch the train to the CBD - it's all right out your front door!

Inspect as scheduled or by appointment.

*** APPLY ONLINE through realestate.com.au to fast track your interest in this amazing property & REGISTER ONLINE to be invited to our next scheduled inspection. We look forward to seeing your there.***

Property History for 1/388-390 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$320,000
09 Dec 2023
Listed for Rent
$310/w
28 Apr 2022
  • 09 Dec 2023
    Sold for $320,000
  • 05 Apr 2022
    Listed for Rent $310 / week
  • 21 Dec 2018
    Listed for Rent $285 / week
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About Frankston 3199

The size of Frankston is approximately 19.8 square kilometres. It has 72 parks covering nearly 21.2% of total area. The population of Frankston in 2011 was 35,009 people. By 2016 the population was 36,090 showing a population growth of 3.1% in the area during that time. The predominant age group in Frankston is 30-39 years. Households in Frankston are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Frankston work in a professional occupation. In 2011, 58.7% of the homes in Frankston were owner-occupied compared with 56.8% in 2016.

Frankston has 21,617 properties. Over the last 5 years, Houses in Frankston have seen a 25.61% increase in median value, while Units have seen a 22.65% increase. As at 31 October 2024:

  • The median value for Houses in Frankston is $722,720 while the median value for Units is $505,673.
  • Houses have a median rent of $550 while Units have a median rent of $453.
There are currently 137 properties listed for sale, and 62 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 918 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.