Olivers Hill, Victoria

Olivers Hill is a locality located in the City of Frankston, Victoria in Australia. It is the first major rise in terrain along the eastern coastline of Port Phillip, between Melbourne and the Mornington Peninsula. It was named after local Frankston fisherman, James Oliver, who built the first cottage atop the hill in the mid-19th century, from where he kept watch for fish in the waters below.It straddles the suburbs of Frankston and Frankston South, however its borders remain loosely defined. Real estate agents in Melbourne generally refer to any property along the Nepean Highway strip from the Frankston Waterfront in the north, to Humphries Road in the South, as being on Olivers Hill.Olivers Hill is one of the most sought after residential locations in Frankston, and has the most expensive real estate in the entire City of Frankston. It is also considered to have one of the top ten residential views in Melbourne. Property in the locality has sold for between A$3 and A$4 million in 2015, at the same time as the median house price in the suburb of Frankston being A$390,000.