5/23 Cranbourne Road, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

5/23 Cranbourne Road
Frankston VIC 3199

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 51m2
Land area: 72m2
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Property Details for 5/23 Cranbourne Rd, Frankston

5/23 Cranbourne Rd, Frankston is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 72m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in May 2020.

Building Type
Unit
Year Built
1975
Floor Size
51m2
Land Size
72m2
Local Government
Frankston
Lot/Plan
5/RP10186

Last Listing description (July 2020)

The ultimate life of convenience

Live life to the fullest at this fun one-bedroom unit in the heart of Frankston city centre where every desire is just steps from the door, from entertainment and education to recreation and transport.

Set almost opposite the Peninsula Aquatic Recreation Centre (PARC) - one of Frankston's greatest facilities, and just 200m from the Catholic Church, discover the delights of "inner city" living where everything is no more than a 10 minutes' walk.

Journey across the road to pilates in the morning before catching the train to work, or walking to your class at Chisholm, while the weekends can be spent on the beach, at a show at the cinema or the arts centre, before wining and dining at a choice of restaurants.

Among a neat group of seven homes enjoying peace and privacy away from the street front, the compact home has a dazzling open plan interior featuring timber floors and an all-white kitchen with frosted glass overheads, stainless-steel stove and breakfast bench to sit for meals.

A spacious bedroom has built-in robes, while a generous combined bathroom and laundry has a shower over a mini tub to bath the small children, a modern vanity, heat lamps and separate toilet.

The home also features reverse cycle heating and cooling, airconditioning, panel heating and a rear courtyard for folding out your sun lounge or serving up a barbie.

Should you require further information, please contact George Devic on 0400 022 192 anytime.

Please note that photo ID is required at all inspections.

To protect our staff and the greater community we ask any person who has traveled overseas in the past 14 days or is showing any signs of being unwell, (this includes but is not limited to, running nose, coughing or sneezing, sore throat or high temperature) to please not attend our inspections. We may respectfully decline access to certain attendees if we feel it is in the best interest of our clients and the greater community.

Property History for 5/23 Cranbourne Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$290,000
22 May 2020
Listed for Rent
$250/w
22 Mar 2017
  • 22 May 2020
    Sold for $290,000
  • 20 Apr 2020
    Listed for Sale $285,000 - $300,000
  • 02 Mar 2017
    Listed for Rent $250 / 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 21,757 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 66 properties listed for sale, and 59 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1174 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.