55 Cranbourne Rd, Frankston is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 584m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 4 bedroom House sold in Frankston in the last 12 months.
On offer for the first time in 40 years in a desired Golden Triangle setting, this unique family home delivers a remarkable opportunity for the creative-minded buyer and those craving the space for multi-generational living. Roll up your sleeves and add a personalised touch, or start over with a new dream home or multi-site build (STCA), just moments from every single want and need.
Private beyond tall fencing, its unique layout presents a sunroom entry with two separate lounge spaces, allowing the space to spread out beside a dine-in kitchen with a walk-in pantry and plenty of potential to reimagine and revive. Two ground-floor bedrooms precede an upstairs master that owns a retreat-like space all to itself, stretching out to a balcony that breathes in the city views.
A self-contained 1-bedroom apartment sits to the rear with main-home access and its own second kitchen - an ideal setup for multi-generational living or teenage separation, with additional features including split-system air conditioning and a double carport. Regardless of your intent to renovate or rebuild, there's no denying its incredible location - metres from buses and freeway access, a short walk to Frankston's rejuvenated CBD, PARC recreation centre, Chisholm TAFE, Frankston POWER Centre, Monash University, the hospital precinct, and the beautiful foreshore.
Multi-generational, multi-purpose, and moments from it all - book your inspection today!
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 21,758 properties. Over the last 5 years, Houses in Frankston have seen a 37.16% increase in median value, while Units have seen a 34.89% increase. As at 31 October 2025:
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