3/242 Cranbourne Rd, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 245m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in December 2015.
Low upkeep and appealing 2BR unit that's sunny, spacious, secure and practical. Adjacent to Ballam Park, walk to Frankston's 2nd major shopping centre "The HUB", opposite covered bus stop with town center and access to P'sula link close at hand. Well presented, with central gas heating, split sys AC, alarm sys, built in robes, bay window, broad-band installed, large single brick garage, shady courtyard with spacious deck & shed and with a parkland outlook opposite, this is a unit that's easy to rent out or nest in. Why read and dream? Call & See?
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 21,738 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:
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