2/34 Kareela Road, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

2/34 Kareela Road
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 126m2
Land area: 233m2
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Last updated 15 Jun 2026
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Property Details for 2/34 Kareela Rd, Frankston

2/34 Kareela Rd, Frankston is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 233m2 and floor size of 126m2.

Building Type
Unit
Year Built
2019
Floor Size
126m2
Land Size
233m2
Local Government
Frankston
Lot/Plan
2/PS745262

Last Listing description (December 2022)

Welcome to 2/34 Kareela Road Frankston!

This new unit will make you fall instantly in love, with its spacious living area leading into the kitchen and its huge glass sliding doors leading to the outdoor area. This light filled property is in a prime location and has all of your necessities.

Copious kitchen storage and updated kitchen appliances including a dishwasher making cleaning up a breeze.

2x bathrooms which have been finished perfectly, with the main bathroom including a large bathtub suitable for those with young children.
Close to shops, schools, cafes, Jubilee Park, Ballam Park, Karingal Shopping Centre, Bayside Shopping Centre, access to freeways and stacks more, making this one of Frankston's most sought after locations.
Single lock up garage keeping your car secure when you are at home.
Ducted heating and cooling throughout property to ensure you have ultimate comfort throughout the year.

Property History for 2/34 Kareela Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Listed for Rent
$450/w
06 Dec 2022
  • 09 Nov 2022
    Listed for Rent $450 / week
  • 15 Jun 2021
    Listed for Rent $415 / week
  • 21 Jan 2020
    Listed for Rent $400 / week
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About Frankston 3199

The size of Frankston is approximately 19.8 square kilometres. There are 72 parks, covering nearly 21.2% of the 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 21,696 properties. Over the last 5 years, Houses in Frankston have seen a 18.95% increase in median value, while Units have seen a 28.28% increase. As at 31 May 2026:

  • The median value for Houses in Frankston is $850,246 while the median value for Units is $594,484.
  • Houses have a median rent of $590 while Units have a median rent of $490.
There are currently 139 properties listed for sale, and 64 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1141 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.