Home/Properties/Frankston/14/388-390 Nepean Highway
14/388-390 Nepean Highway, Frankston$412,500
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For Saleapartment

14/388-390 Nepean Highway

Frankston, VIC 3199, Australia
$395,000 – $430,000
2 bed 1 bath 1 car

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About this property

Perfectly positioned between the beach and Frankston CBD, this beautifully presented two-bedroom apartment offers an outstanding opportunity for first home buyers, savvy investors, or those seeking a low-maintenance coastal lifestyle. Set within a well-maintained complex on the iconic Nepean Highway, this light-filled residence combines comfort, convenience, and unbeatable lifestyle appeal. Just moments from Frankston & long Island Beach, Kananook Creek walking trails, cafes, restaurants, public transport, and major shopping precincts, everything you need is right at your doorstep. Inside, the apartment features two generous bedrooms with built-in robes, a spacious open-plan living and dining area, and a well-appointed kitchen with ample storage. Large windows allow natural light to flow throughout, creating a warm and inviting atmosphere. Additional features include: Off-street parking bay Low-maintenance living Strong rental appeal in a high-demand location Walking distance to Frankston Station, PARC, Monash University and Chisholm TAFE Whether you're looking to move straight in or expand your investment portfolio, this property delivers exceptional value in one of Frankston's most convenient lifestyle pockets. Enjoy easy access to Frankston Beach via rear gate, local schools, shopping centres, cafes and public transport, all while being approximately an hour from Melbourne CBD.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Listed
1 month ago

Repayment calculator

$2,000/month
$1,000 /fortnight
Loan $330,000 at 6.10% over 30 years

Upfront costs

Deposit$82,500
Stamp duty$19,820
Conveyancing (est.)$2,000
Total upfront$104,320
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Frankston

This 2-bedroom apartment in Frankston, VIC 3199 sits within reach of public transport, local shops and nearby schools. It is listed 45% below the $756,000 median of 71 comparable apartmentswithin 5 km.

Schools near Frankston

  • Frankston Special Developmental Schoolcombined · U · CoEd
  • Ballam Park Primary Schoolprimary · Prep-6 · CoEd
  • Frankston East Primary Schoolprimary · Prep-6 · CoEd
  • Frankston Heights Primary Schoolprimary · Prep-6 · CoEd
  • Frankston Primary Schoolprimary · Prep-6 · CoEd
  • Karingal Heights Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • OGrady Avenue/Nepean Highway (bus)78 m away
  • Kmart302 m away
  • Evelyn Park165 m away
  • OGrady Avenue Reserve168 m away
  • Ebdale Street Reserve221 m away

Frankston at a glance

Full suburb profile
Population
37,331
Median age
39
Household income
$1,387/wk
Median rent
$342/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Frankston price trend

Median sold · Unit 2 bed

Compound growth +3.9% / yr over 4 yrs

$575kcurrent median

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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