4/23 Cranbourne Road, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

4/23 Cranbourne Road
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 48m2
Land area: 74m2
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Property Details for 4/23 Cranbourne Rd, Frankston

4/23 Cranbourne Rd, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1977. The property has a land size of 74m2 and floor size of 48m2. While the property is not currently for sale or for rent, it was last sold in February 2024.

Building Type
Unit
Year Built
1977
Floor Size
48m2
Land Size
74m2
Local Government
Frankston
Lot/Plan
4/RP10186

Last Listing description (March 2024)

Inspections via appointment only.

Discover a cosy and convenient lifestyle in this charming 1-bedroom unit, ideally located just moments from shopping areas and beautiful reserves. Whether you're a first-time buyer, downsizer, or investor, this property offers a fantastic opportunity.

Enjoy the comfort of a spacious bedroom with plenty of natural light and built-in storage. The modern bathroom is well-appointed and provides all the necessary amenities for your daily routine. The open-plan living and dining area offers a versatile space for relaxation and entertaining. The well-equipped kitchen features ample storage, quality appliances, and a convenient layout for the home chef.

You'll have peace of mind with your own dedicated car parking space. Located in close proximity to shopping areas, you'll have easy access to retail, dining, and entertainment options. Plus, enjoy the tranquillity of nearby reserves for leisurely walks and outdoor activities.

Property History for 4/23 Cranbourne Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$350,000
05 Feb 2024
Listed for Rent
$300/w
04 Nov 2022
  • 05 Feb 2024
    Sold for $350,000
  • 29 Sep 2023
    Listed for Sale AQUIRED! $350,000
  • 04 Nov 2022
    Listed for Rent $300 / week
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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 21,756 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:

  • The median value for Houses in Frankston is $855,978 while the median value for Units is $580,928.
  • Houses have a median rent of $570 while Units have a median rent of $480.
There are currently 73 properties listed for sale, and 71 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1152 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.