OFF MARKET

12/380 Nepean Highway
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 69m2
Land area: 2176m2
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Property Details for 12/380 Nepean Hwy, Frankston

12/380 Nepean Hwy, Frankston is a 2 bedroom, 1 bathroom Unit and was built in 1976. The property has a land size of 2176m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
Unit
Year Built
1976
Floor Size
69m2
Land Size
2176m2
Local Government
Frankston
Lot/Plan
19/RP10421

Last Listing description (October 2022)

In a quiet complex on the beach side of Nepean Highway, this spacious light-filled 2nd floor apartment with balcony and windows to both North and South aspects, is a great opportunity for investment or a move into vibrant central Frankston yet moments to the sand and sea.

Currently home to a long-term tenant, providing ongoing return on investment, the 2-bedroom home is functional and liveable as is, or it could be modernised as required, alternatively a complete renovation would provide a delightful new residence. Comprising a spacious lounge/dining room and balcony with city and possible bay glimpses, adjoining good-sized kitchen with new freestanding oven/cooktop and views to Frankston CBD, 2 bedrooms with built-in robes, bathroom with original retro tiling throughout, shower, bath, and laundry facilities.

An allocated parking space is situated to the rear of the property, but you can leave the car at home because there's so much within easy walking distance. Around the corner is a caf and the lovely Kananook Creek trail, where a bridge leads over to the beach just 350m away. Frankston shopping centre, beachfront restaurants, cafs, and cinema are a few minutes stroll, or a few minutes more to public transport, PARC, Monash Uni Peninsula campus, TAFE, and hospitals. It's also within easy access to Frankston Freeway.

https://www.obrienrealestate.com.au/office/obrien-real-estate-frankston/22161

Property History for 12/380 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$330,000
04 Aug 2022
Listed for Rent
$230/w
20 Sep 2014
  • 04 Aug 2022
    Sold for $330,000
  • 01 Jul 2022
    Listed for Sale $330,000 - $360,000
  • 04 Feb 2022
    Transferred
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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 21,642 properties. Over the last 5 years, Houses in Frankston have seen a 29.61% increase in median value, while Units have seen a 29.26% increase. As at 31 August 2024:

  • The median value for Houses in Frankston is $723,953 while the median value for Units is $518,419.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 144 properties listed for sale, and 75 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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Disclaimer
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.