Back 5/293 Nepean Hwy
Off Market

5/293 Nepean Hwy

Seaford VIC 3198

2
1
1
Apartment
Last sold for $455,000
Adrian FosterAdrian Foster, last sold this property on 29 June 2026 after -50 days on market.

Overview

SOLD OFF MARKET SEAFORD

Positioned directly opposite the golden sands of Seaford Beach and moments from Kananook Creek, this low-maintenance apartment represented an increasingly rare opportunity to secure an affordable investment in one of Melbourne's most tightly held coastal pockets. The property was sold with a secure tenancy already in place, currently returning $1,868 per calendar month with the lease running until March 2027. With an estimated market rent of approximately $450$475 per week, the property also offered clear future rental upside and strong long-term investment appeal. The apartment featured: 2 generous bedrooms with double glazed windows Light-filled open plan living and dining area Floating flooring and split system heating/cooling Functional modern kitchen with ample storage Bright combined bathroom and laundry Allocated car space Desirable north-west orientation with excellent natural light Investment Information: Current Rent: $1,868 PCM Estimated Market Rent: $450$475 per week Lease Expiry: March 2027 Owners Corporation Fees: Approx. $545 per quarter The location was a major drawcard, directly opposite Seaford Beach and within easy walking distance of Seaford shopping village, cafes, train station, recreational facilities and the walking trails along Kananook Creek. Sold exclusively off market through fosterfroling Real Estate without the need for major portal advertising. Another quality investment successfully matched with our off-market buyer network.

Features

2 bedrooms
1 bathroom
1 carspace
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Seaford over the last 12 months, the estimated median property value of 5/293 Nepean Hwy is $558k.

Median value
$558k
Estimated value range
$338k - $720k
Median days on market
35
Estimated value trend
15%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Seaford. 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 5/293 Nepean Hwy

2026
Sold
$455,000
Private Sale/Treaty on 29 Jun 2026 by Adrian Foster, of fosterfroling Real Estate
2021
Sold
$410,000
25 Aug 2021 by Tanja Neven-Jones, of OBrien Real Estate Chelsea & Seaford
2018
Rented
Undisclosed
Leased on 18 Mar 2018 by Harcourts TDP Group

Happy sellers in Seaford

90%
90% of sellers in Seaford reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 71 reviews in Seaford over the last 12 months.

Local market activity for 2 bedroom apartments in Seaford

In the last 12 months, 27 two-bedroom apartments similar to 5/293 Nepean Hwy, have been sold.

This represents a 47% decrease in two-bedroom apartments sales when compared to the previous 12 months.

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