3/21 Cranbourne Rd, Frankston is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 146m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
Nestled towards the rear of a peaceful complex in the Frankston High School zone, this 2-bedroom unit with single garage offers proximity to everything the CBD provides, and is perfect as a 1st home or for downsizers, or an ideal opportunity for the astute investor.
Beyond the entrance hall, the home comprises a spacious light-filled lounge room with built-in cabinetry plus gas wall heater and AC unit for heating/cooling. The open-plan space continues into the adjacent meals area and original kitchen with ample storage and wall oven. 2 spacious bedrooms include built-in-robes, and these are serviced by a central bathroom with bath and shower plus a separate toilet. A separate laundry gives access to a private easy-care courtyard, and there is a single lock-up garage and car space.
Pop across the road for a swim or sauna in PARC, or take a short stroll to trains and buses, Bayside Shopping Centre, or Frankston's beautiful beaches. This classic home has new carpet from the hall to the living area and is ready for you to simply move in and relax.
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 21,756 properties. Over the last 5 years, Houses in Frankston have seen a 37.66% increase in median value, while Units have seen a 34.11% increase. As at 30 November 2025:
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