OFF MARKET

21/402 Nepean Highway
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 61m2
Land area: 3562m2
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Property Details for 21/402 Nepean Hwy, Frankston

21/402 Nepean Hwy, Frankston is a 2 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 3562m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Unit
Year Built
1960
Floor Size
61m2
Land Size
3562m2
Local Government
Frankston
Lot/Plan
21/RP13540

Last Listing description (March 2023)

A short stroll to restaurants, major shopping, the train station and the shore in the heart of Frankston, this beachside apartment pairs superb positioning and exciting affordability for new buyers and savvy investors.

Within a maintained complex with communal swimming pool for residents, the property is literally just 450 metres to the beach via a handy footbridge across Kananook Creek, while the cornucopia of nearby cafes, bistros, rooftop bars, cinemas and the Arts Centre offer a lifestyle-lover's playground within footsteps.

Well presented and updated in recent years, the apartment boasts open plan living and dining with caramel carpeting, fresh tones and a free-flowing floor-plan spilling out to a private balcony overlooking the coastal panorama, Port Phillip Bay and the Melbourne city skyline.

A sleek white kitchen is fitted with a stainless-steel oven, glass ceramic cooktop, subway tiling and plenty of storage, while the modern bathroom with shower/tub combo also provides a handy laundry connection to fit your washing machine.

Including split-system heating and air conditioning, as well as an allocated parking space and storage shed, this seaside gem is just 700 metres to Frankston Station for an easy commute into Melbourne CBD.

Should you require any further information, please do not hesitate to contact Tamara Doubovtzeff on 0400 851 539 anytime.

Property History for 21/402 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$360,000
09 Feb 2023
Listed for Rent
$240/w
28 Nov 2013
  • 09 Feb 2023
    Sold for $360,000
  • 10 Jan 2023
    Listed for Sale $349,000 - $379,000
  • 03 Mar 2020
    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 21,643 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 140 properties listed for sale, and 80 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 921 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.