162 Cranbourne Rd, Frankston is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2023. The property has a land size of 555m2 and floor size of 187m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Calling all developers, investors or family home buyers! Struggling to find something in this market that ticks all the boxes, let alone with the added opportunity for potential development (S.T.C.A)? Look no further - A savvy purchase now available to take advantage of nestled on a prime corner block literally minutes away from the heart of Frankston.
- Existing 3-bedroom 1 bathroom residence
- Less than 2.5km to Frankston Beach
There are many exciting avenues to explore from knocking down to building your own dream home or creating a dual occupancy site to either rent out or sell (S.T.C.A). Situated only moments away from Beach Street Shopping Precinct, Frankston East Primary School and other main roads and public transportation services. Call Daniel Gallagher & Andrew Athanasiou to find out more.
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:
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