2/129 Cranbourne Road, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

2/129 Cranbourne Road
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 90m2
Land area: 194m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 6 Apr 2026
Low

High
Save

Property Details for 2/129 Cranbourne Rd, Frankston

2/129 Cranbourne Rd, Frankston is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2008. The property has a land size of 194m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in January 2018.

Building Type
Townhouse
Year Built
2008
Floor Size
90m2
Land Size
194m2
Local Government
Frankston
Lot/Plan
3/PS614135

Last Listing description (July 2018)

Calling all first home buyers, investors and downsizers. Located at the rear of the block stands this low maintenance 2 bedroom, two bathroom home.
Showcasing a functional floor plan this property comprises a spacious lounge and dining area with sizable kitchen featuring plenty of cupboard and bench space, electric oven and gas cooktop. This home also offers two bedrooms, The master with a walk in robe and the second with built in robes. The light and bright family bathroom is located at the rear of the home; next to the laundry with internal access to the garage.
Additional features include:

- Ensuite
- Guest car spot
- Ducted vacuum
- Gas heater
- Single lock up garage
- Concrete outdoor entertainment area
A neat and tidy property which would be a great addition to a thriving portfolio or as a first home. This secure low-maintenance home is just a short drive to the peninsula's award winning Frankston beach, Monash University and close to public transport. As well as being within easy access of Frankston Freeway and Eastlink! The city is only 50 minutes away! Come down to the next open home and see what this property has to offer!

Property History for 2/129 Cranbourne Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$465,000
30 Jan 2018
Listed for Rent
$295/w
08 Dec 2012
  • 30 Jan 2018
    Sold for $465,000
  • 20 Nov 2017
    Listed for Sale $440,000 - $480,000
  • 15 Aug 2013
    Sold for $332,000
Sign in to see more transactions
Commute Calculator

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 117 properties listed for sale, and 67 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1169 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

Market Insights
Frankston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Frankston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.