162 Cranbourne Road, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

162 Cranbourne Road
Frankston VIC 3199

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 187m2
Land area: 555m2
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Last updated 6 Apr 2026
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Property Details for 162 Cranbourne Rd, Frankston

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.

Building Type
House
Year Built
2023
Floor Size
187m2
Land Size
555m2
Local Government
Frankston
Lot/Plan
37/LP56785

Last Listing description (March 2022)

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

- Prime corner block surrounded by amenities

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.

Property History for 162 Cranbourne Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$537,500
01 Aug 2021
  • 01 Aug 2021
    Sold for $537,500
  • 19 May 2021
    Listed for Sale $500,000 - $550,000
  • 06 Jun 2016
    Transferred
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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 117 properties listed for sale, and 67 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1166 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.