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

198 Cranbourne Road
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 548m2
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Property Details for 198 Cranbourne Rd, Frankston

198 Cranbourne Rd, Frankston is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 548m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Year Built
1980
Land Size
548m2
Local Government
Frankston
Lot/Plan
1/LP62521

Last Listing description (October 2022)

A generous 545 sqm. approx. allotment and deep front and rear gardens provide the perfect backdrop for this large three-bedroom family home.
The polished floorboards, clever blueprint, and chocolate architraves & skirtings are testaments to its period charm, with this home once a benchmark property of its time. Lovingly maintained and beautiful still, some creative redesign will bring this property forward to the present day.
On the one side is a central lounge, with separate meals and kitchen. On the other side, three bedrooms each with built-in robes, zoned together for peace and privacy. In the middle lies the bathroom and laundry, with rear access to an undercover alfresco ideal for any season entertaining. The backyard will win over adults and children, with its generous size perfect for any large scale project, game, or celebration.

With a north-south orientation and clear flat land, you can feel free to improve and extend, or start anew and consider a new home development (STCA).
In the heart of Frankston, comfortably positioned between Ballam & Jubilee Park, this property stands only 1km from both Karingal Mall & Frankston Power Centre, with buses at the front of your door delivering you to Langwarrin, Cranbourne, & Frankston train station.

Property History for 198 Cranbourne Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$650,000
01 Oct 2022
Listed for Rent
$320/w
28 Apr 2021
  • 01 Oct 2022
    Sold for $650,000
  • 13 Sep 2022
    Listed for Sale Contact Agent.
  • 29 Mar 2021
    Listed for Rent $320 / week
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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 21,733 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 114 properties listed for sale, and 66 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1165 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.