12/242 Cranbourne Road, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

12/242 Cranbourne Road
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 105m2
Land area: 343m2
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Property Details for 12/242 Cranbourne Rd, Frankston

12/242 Cranbourne Rd, Frankston is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1993. The property has a land size of 343m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in April 2013.

Building Type
Unit
Year Built
1993
Floor Size
105m2
Land Size
343m2
Local Government
Frankston
Lot/Plan
12/PS321534

Last Listing description (August 2013)

Privacy, security, immaculate presentation and plenty of space are on offer in this beautifully presented free standing unit.
Nestled in the rear corner of a very well maintained block, the home offers outstanding value for money with two spacious living areas, three bedrooms with robes and walk through bathroom, double remote garage, spacious back yard with established gardens, heating and cooling all in excellent condition. Ideal for those wanting to downsize from large homes on full blocks as this still offers space and independence and would also be a great start for a young couple entering the market.

Fantastic location with local parkland and walking tracks right next door, Karingal Hub shopping and entertainment complex within a short walk as well as the convenience of public transport right at your front door. Only a 5 minute drive into Frankston CBD, the beach and the new Peninsula Link freeway is literally 2 minutes away giving easy access to the great wineries and recreational activities on the Mornington Peninsula. A must see for those looking for quality and space in a low maintenance home.

Luke Lawlor : 0414 757 705

Property History for 12/242 Cranbourne Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$310,000
16 Apr 2013
  • 16 Apr 2013
    Sold for $310,000
  • 06 Apr 2013
    Listed for Sale $295,000 - $325,000
  • 30 Oct 1996
    Sold for $107,250
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About Frankston 3199

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 21,738 properties. Over the last 5 years, Houses in Frankston have seen a 28.17% increase in median value, while Units have seen a 31.91% increase. As at 31 March 2026:

  • The median value for Houses in Frankston is $868,576 while the median value for Units is $592,456.
  • Houses have a median rent of $580 while Units have a median rent of $490.
There are currently 120 properties listed for sale, and 59 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1181 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.