2/124 Cranbourne Road, Frankston, VIC 3199 | Property Value & History | OnTheHouse
 
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2/124 Cranbourne Road
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 93m2
Land area: 192m2
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Last updated 13 Apr 2026
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Property Details for 2/124 Cranbourne Rd, Frankston

2/124 Cranbourne Rd, Frankston is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1977. The property has a land size of 192m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in April 2018.

Building Type
Townhouse
Year Built
1977
Floor Size
93m2
Land Size
192m2
Local Government
Frankston
Lot/Plan
2/RP11878

Last Listing description (July 2018)

Immaculately maintained for your immediate comfort, this delightful single level villa is part of a very well maintained complex, and is sure to impress. Located only moments to PARC Aquatic Complex, 5 minutes walk to Monash University, 10 minute walk to the Beach St shops & within easy reach of East Link & Peninsula Link, it certainly ticks all the boxes for those seeking a quality property in the heart of it all. Two generous bedrooms each comprise substantial built in robes providing ample storage, whilst a tidy central bathroom services the home superbly. Freshly repainted throughout, its living & dining area compliment a landscaped rear courtyard (with automatic reticulation system front and rear gardens), ensuring hosting family & friends will be a breeze. A single lock up garage with remote, plus split system heating/cooling complete this outstanding package.

Property History for 2/124 Cranbourne Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$452,500
18 Apr 2018
Listed for Rent
$330/w
02 Jul 2018
  • 25 Jun 2018
    Listed for Rent $330 / week
  • 18 Apr 2018
    Sold for $452,500
  • 15 Mar 2018
    Listed for Sale SOLD
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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 21,737 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 61 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1177 properties were sold in the past 12 months in Frankston.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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