Home/Properties/Frankston/220/435 Nepean Highway
Back to results
For Saleapartment

220/435 Nepean Highway

Frankston, VIC 3199, Australia
$230,000
1 bed 1 bath

Compare with other listings

See it side-by-side · winner per row · AI verdict.

Image 1
Image 2
Image 3

Photos via the original listing. All photographs remain the property of their respective owners.

Explore this property

See the location and ask StMate AI anything

Loading map…

AI Property Assistant

Ask anything about this property

Hi! I'm your AI property assistant. Ask me anything about 220/435 Nepean Highway — pricing, schools, transport, investment potential, and more.
Area Price Guide
$216,200$243,800

Indicative price guide range

🏘️
65
Comparable
📊
$785,000
Area median
⚖️
-71%
vs median
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Multi-dimensional analysis · last updated 06/05/2026

View full report

Schools

7 nearby schools

Catchment: Frankston High School

Zoning

GRZ1 — General Residential Zone

Frankston Planning Scheme

Public transport

10 stops within 1.5km

Nearest: Ross Smith Avenue/Nepean Highway (0.1km)

Traffic

Moderate congestion

Morning peak (7-9 AM) and evening peak (5-7 PM) experience increased congestion on Nepean Highway, particularly southbound in morning and northbound in evening. Weekend traffic is generally lighter.

Flood risk

Medium

Frankston is moderately flood-prone due to its proximity to Port Phillip Bay, coastal drainage systems, and local creek networks (notably Kananook Creek and affiliated waterways). The LSIO applies to significant portions of the suburb, particularly lower-lying areas and properties near drainage lines. Historical and contemporary flood studies by Cardinia Shire and Frankston City Council establish flood risks that trigger standard Victorian planning overlays and building controls.

Bushfire risk

Low

BAL: BAL-LOW

Crime profile

above average

Trend: stable

Nearby development

6 projects nearby

Frankston is experiencing moderate development activity focused on CBD intensification, foreshore revitalisation and infill residential projects. The municipality is pursuing medium-density residential growth near the train station and key activity centres, with concurrent public realm and infrastructure improvements to support population growth. Development is generally constrained by suburban character overlays and coastal/environmental considerations but strategic precinct upgrades are driving incremental change.

Heritage

Not heritage listed

Frankston is a coastal suburban centre in Melbourne's south-eastern growth area with limited heritage overlay protection. The main heritage significance is concentrated around the railway station (early 20th century) and waterfront precinct rather than across residential neighborhoods. Most of the suburb comprises post-war and modern residential development with minimal formal heritage conservation areas.

Sources: Australian Gov open data + StMate AI
See all dimensions

Property Photos

About this property

A 'Set & Forget' investment. Situated on the 2rd floor of the outstanding 'PENINSULA ON THE BAY' building, only minutes' walk to the Award winning beach of Frankston, an array of quality restaurants and at the gateway of the beautiful Mornington Peninsula. • Currently tenanted to Quest Apartments (term 5x5x5 years) • Rent approx. $13,400 p.a. (approx. $260pw) • Fully furnished including cutlery & crockery. • Quality Fisher & Paykel appliances • Secure key card entry • Granite bench tops to kitchen • Access to Gym 24/7 • Access to outdoor BBQ & entertaining area

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $1,115/month
    $558 /fortnight
    Loan $184,000 at 6.10% over 30 years

    Upfront costs

    Deposit$46,000
    Stamp duty$8,870
    Conveyancing (est.)$2,000
    Total upfront$56,870
    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.

    Property Details

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

    Talk to the agent

    Contact the listing agent

    Agent name, phone and enquiry form are on the original Domain listing.

    Contact agent on Domain

    Inspections

    Interested in inspecting this property?

    Check the next open inspection time or request a private viewing on Domain.

    Book inspection on Domain

    Work at Belmar Real Estate Mornington? Claim this listing to sync your ads with StMate.

    Within 5km

    Nearby Properties

    View all in Frankston

    StMate Concierge

    Search · compare · navigate · do

    Hi! I'm your StMate concierge. I can find properties, compare listings, fetch reports, or take you anywhere on the site. What would you like to do?
    Loading…