7/124 Cranbourne Road, Frankston, VIC 3199 | Property Value & History | OnTheHouse
 
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7/124 Cranbourne Road
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 240m2
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Property Details for 7/124 Cranbourne Rd, Frankston

7/124 Cranbourne Rd, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 240m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
1975
Floor Size
94m2
Land Size
240m2
Local Government
Frankston
Lot/Plan
7/RP11878

Last Listing description (June 2022)

Focused on modern living with its inviting light-filled layout & effortless single-level design, this stylish two-bedroom home is perfect for those dreaming of a peaceful yet convenient lifestyle in a stunning private setting at the rear of a beautifully maintained complex. Whether you're looking to invest or owner occupy, this gem will suit all of your needs!
It features:

Two bedrooms with BIR's, bedroom 1 including a split system air-conditioner & ceiling fan

Central tidy bathroom with separate WC & laundry
Spacious light filled living room with split system air-conditioning, soft flowing track curtains & ceiling fan
Light filled kitchen with upright electric oven, servery & pantry, overlooking the rear patio
Great rear yard with patio, separate grassed area & decked bench seating
Remote single lock up garage with additional driveway space
Warm hardwood timber flooring, Colourbond fencing & outdoor awnings
New LED lights & feature lighting throughout, solar panels - 6.1kw system, less than a year old & freshly painted

Located only moments away from major shopping centres, public transport, our award winning beaches, Ballam Park & Peninsula Link. Everything is at your convenience ready to enjoy!

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Property History for 7/124 Cranbourne Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$530,000
27 Apr 2022
Listed for Rent
$260/w
22 Nov 2013
  • 27 Apr 2022
    Sold for $530,000
  • 14 Apr 2022
    Listed for Sale $480,000 - $520,000
  • 04 Feb 2020
    Sold for $410,000
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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 21,770 properties. Over the last 5 years, Houses in Frankston have seen a 37.92% increase in median value, while Units have seen a 37.00% increase. As at 31 January 2026:

  • The median value for Houses in Frankston is $874,464 while the median value for Units is $593,610.
  • Houses have a median rent of $580 while Units have a median rent of $490.
There are currently 109 properties listed for sale, and 55 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1179 properties were sold in the past 12 months in Frankston.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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