SOLD
RECENT ADVICE
Sold on 15 Mar 2024 for $600,000

11/396 Nepean Highway
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
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Property Details for 11/396 Nepean Hwy, Frankston

11/396 Nepean Hwy, Frankston is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom Townhouse sold in Frankston in the last 12 months.

Building Type
Townhouse
Local Government
Frankston
Lot/Plan
11/RP7776

Last Listing description (March 2024)

Boasting a premium position, the unit presents a modern, double-storey facade with a light, neutral colour palette, making it the more desirable contemporary unit within this quiet complex. Low-maintenance designer landscaping keeps the premises looking appealing all year round combined with a dedicated car space and a remote, secure front gate for privacy and peace of mind.

Close to Frankston Primary School and Monterey Secondary College, this lovely home presents a low maintenance, relaxed, coastal lifestyle. The complex backs directly onto the serene Kananook Creek, providing a tranquil atmosphere and a short 4-minute walk to the beach. Superbly located within minutes of Frankston Train Station and the iconic Frankston Beach, Chisholm TAFE, while the expansive Frankston Shopping Centre, with its array of cinemas, retail outlets, dining establishments, cafes and medical facilities is just a short walk away. Frankston Hospital is also within a short drive, while various parks, sporting fields and idyllic coastline lookouts are all nearby.

Buyers will love the high square-set ceilings, modern LED down lights and luxurious timber-look laminate flooring. This property presents a great opportunity for couples, families and investors or those seeking an Airbnb venture, given its great location and proximity to beaches. The open-plan living and dining on the upper-level branches out to a wide balcony with water glimpses. The generous kitchen boasts abundant gloss-white cabinetry, three-seater stone breakfast island with waterfall feature edging, tiled splash-back, stainless steel dishwasher and 600mm integrated electric cooking appliances make it a chef's delight.

There are three well-sized bedrooms with two offering walk-in robe storage. Bedroom One boasts a private ensuite. Both bathrooms are highly appointed with semi-frameless showers, ceramic sink-ware, and mixer taps, and the main bathroom features a tiled hob bath. Bedroom three is usable as a study and has its own balcony. A separate WC for guests and a spacious laundry with a stone-top bench complete the upper level.

Completing this wonderful opportunity are dual split systems, LED lighting, high ceilings, additional storage and roller blinds throughout. This is a definite must see.

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Property History for 11/396 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$600,000
15 Mar 2024
Listed for Rent
$345/w
11 Jan 2013
  • 13 Mar 2024
    Sold for $600,000
  • 05 Jan 2024
    Listed for Sale $570,000
  • 22 Dec 2017
    Sold for $550,000
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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, 916 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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Darryl Wickham
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Aman Robin
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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.