1/256 Cranbourne Rd, Frankston is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1977. The property has a land size of 217m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
This 2-bedroom standalone villa in Ballam Village is solid and spacious, and a few updates will make it good as new, creating a great home in a lovely community development, perfect for 1st home buyers, downsizers or investors.
Set well back from the main road, the fully-fenced property with single garage has a low-maintenance courtyard to the front. Step inside and the entrance hall with skylight opens to a large living/meals room which includes split system reverse cycle air-conditioning and ceiling fan, then moves round to a functional, retro kitchen with freestanding oven/cooktop. There's also an adjacent laundry and access to the full-width, covered alfresco deck outside, plus the rear of the garage and workshop. Continuing from the entrance, the hallway leads to 2 spacious bedrooms both with built-in robes and 1 with ceiling fan. These share a bathroom with bath and separate shower, plus separate toilet. Complete with 4 solar panels and double tandem garage from the front left unit.
The complex enjoys an attractive communal garden at its heart and has plenty of parking spaces. Zoned for McClelland College and Ballam Park Primary, which are both just a few minutes' walk away, it's also around the corner from Ballam Park for sports, walking, and playgrounds. The home is close to Karingal Hub shopping centre, local cafs and bus routes, with easy access to Peninsula Link and Frankston CBD, making it a conveniently located investment.
https://www.obrienrealestate.com.au/office/obrien-real-estate-frankston/22161
The size of Frankston is approximately 19.8 square kilometres. It has 72 parks covering nearly 21.2% of total area. The population of Frankston in 2016 was 36097 people. By 2021 the population was 37331 showing a population growth of 3.4% in the area during that time. The predominant age group in Frankston is 30-39 years. Households in Frankston are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Frankston work in a professional occupation.In 2021, 58.30% of the homes in Frankston were owner-occupied compared with 56.80% in 2016.
Frankston has 21,714 properties. Over the last 5 years, Houses in Frankston have seen a 34.43% increase in median value, while Units have seen a 34.05% increase. As at 28 February 2026:
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