7/242 Cranbourne Road, Frankston, VIC 3199 | Property Value & History | OnTheHouse
 
OFF MARKET

7/242 Cranbourne Road
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 233m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 8 Dec 2025
Low
High
Share
Save

Property Details for 7/242 Cranbourne Rd, Frankston

7/242 Cranbourne Rd, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1993. The property has a land size of 233m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
1993
Floor Size
87m2
Land Size
233m2
Local Government
Frankston
Lot/Plan
7/PS321534

Last Listing description (August 2022)

An absolute oasis of easy living in footsteps to playgrounds, restaurants, cinemas and every lifestyle spoil. This parkside villa delights with sun-filled spaces, comfortable design and the most convenient location that will leave you wanting for nothing.

With a short distance of 700m to the major shopping of Karingal Hub, via the sporting fields of Ballam Park, this residential precinct is popular with new starters, downsizers, families and investors so close to Ballam Park Primary School and McClelland College.

Set within a very well-maintained complex, inside the single-level home, the living room with brand new floating timber flooring is awash in light via a tall bay window and offers all-season comfort with a split-system heating and air conditioning unit.

The meals area beyond adjoins a sleek kitchen with fresh white cabinetry, breakfast bar, gas cooktop and a wall-mounted oven, while beyond a bank of sliding glass you'll find an expansive brick terrace to entertain with ease (and never have to mow!).

An inviting master bedroom boasts new carpet, a walk-in robe and easy access to a full family bathroom and separate toilet beside the laundry in this freshly painted, pristine home, which includes ceiling fans in the bedrooms and a lock-up garage.

Should you require any further information, please do not hesitate to contact Daniel Condon on 0438 866 486 or Shane Teo on 0426 277 138 anytime.

Please note Photo ID is required for all inspections.

Show More

Property History for 7/242 Cranbourne Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$550,000
04 Jul 2022
  • 04 Jul 2022
    Sold for $550,000
  • 14 Jun 2022
    Listed for Sale $500,000 - $550,000
  • 13 Feb 2021
    Transferred
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 21,759 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 73 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1167 properties were sold in the past 12 months in Frankston.

Frankston Profile Page

Suburb Insights for Frankston 3199

Visit Frankston profile page
Market Insights
Frankston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Frankston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Frankston profile page
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. 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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED