SOLD
Sold on 13 Sep 2024 for $470,000

5/305 Nepean Highway
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 100m2
Save

Property Details for 5/305 Nepean Hwy, Frankston

5/305 Nepean Hwy, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 100m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Frankston in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
82m2
Land Size
100m2
Local Government
Frankston
Lot/Plan
5/RP950

Last Listing description (August 2021)

A well-maintained, two-bedroom unit in a boutique complex with classic white brick faade. Polished boards flow throughout the entry and living room, opening out through double sliding doors to a generous private yard with paved entertaining area. The kitchen boasts ample storage, free-standing cooking theatre, and dining nook. The two bedrooms enjoy large windows with garden views and floods of natural light (master with built-in robes), both serviced by a central bathroom with separate bath and shower. Additionally, number 5 includes heating and cooling in the main living zone, carport parking, laundry and an enviable location close to the Golden Mile, public transport and all that vibrant Frankston has to offer!

Property History for 5/305 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$470,000
13 Sep 2024
Listed for Rent
$360/w
20 Aug 2021
  • 13 Sep 2024
    Sold for $470,000
  • 02 Aug 2021
    Listed for Rent $360 / week
  • 11 Jan 2021
    Listed for Rent $345 / week
Sign in to see more transactions

Commute Calculator

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 135 properties listed for sale, and 62 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 914 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

Market Insights
Frankston 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 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
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.