OFF MARKET

1/623 Nepean Highway
Frankston South VIC 3199

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 325m2
Land area: 450m2
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Property Details for 1/623 Nepean Hwy, Frankston South

1/623 Nepean Hwy, Frankston South is a 5 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 1983. The property has a land size of 450m2 and floor size of 325m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
1983
Floor Size
325m2
Land Size
450m2
Local Government
Frankston
Lot/Plan
1A/SP20314

Last Listing description (February 2024)

An unparalleled sense of grandeur flourishes through every corner of this distinguished 5-bedroom abode, nestled atop Olivers Hill with panoramic views over the bay. A vogue of refined luxury and contemporary elegance blends effortlessly throughout its family-oriented design, creating a haven of sophistication with impeccable attention to detail.

Beautiful Blackbutt floors gracefully guide you through a reverse-style layout, placing living, dining and kitchen spaces on the upper floor. The terrace balcony seamlessly extends the fireside open-plan living and dining area through its bi-fold doors, maximising the expansive beauty of its Port Phillip Bay views. A lavish stone island kitchen combines style and functionality with its butler's pantry, plumbed refrigerator, Kleenmaid cooking appliances and a Miele dishwasher, delivering a true testament to the art of gourmet cooking.

Indulgence knows no bounds in the upstairs master bedroom, delivering a deep walk-in robe and a twin-vanity ensuite, matched by three additional bedrooms on the lower floor (one with an ensuite). Unwind in the large downstairs rumpus room and adjacent gymnasium, granting access to both the front and rear terrace and deck with thriving vegetable gardens.

Additional features include an upstairs home office/additional bedroom, a dumbwaiter to the ground-floor laundry, commercial-grade windows, remote blinds, ducted vacuuming and a double garage. Located in the coveted Frankston High School zone, it offers proximity to Mount Eliza Village shopping, cafes and premier schools, with Frankston CBD amenities and the pristine foreshore just moments North.

Property History for 1/623 Nepean Hwy, Frankston South, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$1,760,000
11 Oct 2023
  • 11 Oct 2023
    Sold for $1,760,000
  • 23 Jun 2023
    Listed for Sale Not Disclosed

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About Frankston South 3199

The size of Frankston South is approximately 14.6 square kilometres. It has 36 parks covering nearly 10.1% of total area. The population of Frankston South in 2011 was 17,612 people. By 2016 the population was 18,183 showing a population growth of 3.2% in the area during that time. The predominant age group in Frankston South is 40-49 years. Households in Frankston South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Frankston South work in a professional occupation. In 2011, 77.9% of the homes in Frankston South were owner-occupied compared with 76.2% in 2016.

Frankston South has 8,095 properties. Over the last 5 years, Houses in Frankston South have seen a 27.72% increase in median value, while Units have seen a 24.16% increase. As at 31 October 2024:

  • The median value for Houses in Frankston South is $1,120,155 while the median value for Units is $706,713.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 55 properties listed for sale, and 5 properties listed for rent in Frankston south on OnTheHouse. According to CoreLogic's data, 326 properties were sold in the past 12 months in Frankston south.

Suburb Insights for Frankston South 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.