Back 21/392 Nepean Hwy
Off Market

21/392 Nepean Hwy

Frankston VIC 3199

2
1
1
Unit
Last sold for $475,000
Luke MagreeLuke Magree, last sold this property on 28 May 2025 after 30 days on market.

Overview

Coastal Living Starts Here: Private Courtyard, Beachside Location

Positioned in a prime beachside pocket, this spacious two-bedroom ground-floor apartment offers a lifestyle of ease and convenience, just a short stroll from Frankston CBD, rail links, and pristine beaches. Beyond its private courtyard frontage, the home welcomes you into a bright and attractive living and dining area, enhanced by rich hardwood flooring, a floor-to-ceiling sliding glass door, panel heating, split system air conditioning, and block-out blinds for year-round comfort. The kitchen is beautifully appointed with stainless steel appliances including a wall oven and dishwasher, complemented by a centre island bench with a sink and breakfast bar – perfect for morning coffee or casual meals. Accommodation includes two well-sized bedrooms: the master with a walk-in robe and semi-ensuite access, and the second bedroom with built-in robes and glass doors opening to the outdoor space – ideal for relaxing with a good book in the sunshine. Additional features include a well-proportioned bathroom with a shower-over-bath combination, separate laundry, secure basement parking, and a private storage cage. With transport, schools, shopping, sporting facilities, and the very best of the Peninsula lifestyle at your fingertips, this is a fantastic opportunity for first home buyers, downsizers, or investors looking to reap the benefits of Frankston's impressive growth.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Frankston over the last 12 months, the estimated median property value of 21/392 Nepean Hwy is $570k.

Median value
$570k
Estimated value range
$215k - $830k
Median days on market
25
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Frankston. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 21/392 Nepean Hwy

2025
Sold
$475,000
Private Sale/Treaty on 28 May 2025 by Luke Magree, of OBrien Real Estate Frankston
2017
Sold
Undisclosed
15 Jan 2017 by Francis Walker, of Asset Property Sales & Management

Happy sellers in Frankston

91%
91% of sellers in Frankston reported that their sale price either exceeded or met their price expectations.

Frankston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 218 reviews in Frankston over the last 12 months.

Local market activity for 2 bedroom units in Frankston

In the last 12 months, 142 two-bedroom units similar to 21/392 Nepean Hwy, have been sold.

This represents a 9% increase in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Frankston

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent