OFF MARKET

5/339-341 Nepean Highway
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 130m2
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Property Details for 5/339-341 Nepean Hwy, Frankston

5/339-341 Nepean Hwy, Frankston is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 130m2 and floor size of 67m2. 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
67m2
Land Size
130m2
Local Government
Frankston
Lot/Plan
5/SP24287

Last Listing description (May 2023)

Architecturally distinctive and just moments from Frankston Beach and CBD, this 2-bedroom unit offers buyers a remarkable entry into the prosperous Frankston marketplace, with plenty of potential for the future. Reap the lifestyle rewards or maximised rental returns, or kick back and relax in its spacious and comfortable bounds.

Distinguished by its unique grey facade and its raked ceilings throughout, the home reveals a spacious open-plan design, employing north-facing clerestory windows to illuminate its living and dining area. A gas cooker sits within practical laminate surrounds for easy everyday catering, with space to enjoy and entertain in the adjacent paved courtyard. Two bedrooms feature built-in robes and near immediate access to the spa bathroom and separate toilet, whilst an externally-accessed laundry sits to the rear.

Complete with gas heating, split-system air conditioning and a single car space, and located within walking distance of Long Island Beach, Kananook Creek walking trails, Frankston CBD and Station, Chisholm TAFE and Frankston Freeway access.

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Property History for 5/339-341 Nepean Hwy, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$370,000
24 Feb 2023
Listed for Rent
19 Dec 2019
  • 24 Feb 2023
    Sold for $370,000
  • 13 Dec 2022
    Listed for Sale $379,000
  • 21 Nov 2019
    Listed for Rent - Price not available
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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.

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