4/21 Cranbourne Rd, Frankston is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1976. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 3 bedroom Unit sold in Frankston in the last 12 months.
At fosterfroling Real Estate, we believe in working smarter for our clients, not harder against the market. That's exactly what we achieved once again at 4/21 Cranbourne Road, Frankston - securing a strong off-market result without the need for any online campaigns or public inspections.
Tucked away at the rear of a well-maintained complex, this beautifully presented three-bedroom villa offered the perfect mix of peace, space, and position. With generous proportions throughout, a double garage, oversized rear yard, and an ultra-convenient location in the Frankston High School Zone, it ticked every box for long-term capital growth and lifestyle appeal.
Positioned within walking distance to Frankston CBD, PARC, the train station, hospital precinct, and some of the area's best schooling options, it was no surprise this one attracted swift and serious interest from our pre-qualified buyer network.
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 21,741 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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