OFF MARKET

18 Cranbourne Road
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 122m2
Land area: 524m2
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Property Details for 18 Cranbourne Rd, Frankston

18 Cranbourne Rd, Frankston is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1963. The property has a land size of 524m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
1963
Floor Size
122m2
Land Size
524m2
Local Government
Frankston
Lot/Plan
1/RP16130

Last Listing description (May 2021)

Position perfect in an ideal Frankston High-zoned location, this groovy three bedroom home in near-original condition is an incredible investment or development opportunity (STCA) with Commercial 1 zoning. Renovate, detonate or completely re-purpose - the options are endless with this exciting property.

A surprisingly large floorplan features fantastic family space, showcasing a formal lounge and separate dining room, large kitchen and meals area, full-sized laundry, and three vast bedrooms serviced by a retro family bathroom and a separate toilet. Outdoors, a Hills Hoist, in-built BBQ, garden shed, and double garage headline the courtyard space, while the front yard maintains its privacy thanks to mature gardens.

Character-filled with potential plus, this home is finished with ducted heating and located within the Frankston High School zone, close to across the road from PARC and Chisholm TAFE, within easy walking distance to Frankston CBD, Power Centre and beaches.

Please note: Offers close on Wednesday 5th of May at 5pm. To register an offer, please contact the Agent directly.

Property History for 18 Cranbourne Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$680,000
05 May 2021
  • 05 May 2021
    Sold for $680,000
  • 29 Apr 2021
    Listed for Sale Under Contract
  • 12 Jul 2015
    Transferred
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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 2011 was 35,009 people. By 2016 the population was 36,090 showing a population growth of 3.1% 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 $1400 - $1799 per month on mortgage repayments. In general, people in Frankston work in a professional occupation. In 2011, 58.7% of the homes in Frankston were owner-occupied compared with 56.8% in 2016.

Frankston has 21,643 properties. Over the last 5 years, Houses in Frankston have seen a 29.61% increase in median value, while Units have seen a 29.26% increase. As at 31 August 2024:

  • The median value for Houses in Frankston is $723,953 while the median value for Units is $518,419.
  • Houses have a median rent of $550 while Units have a median rent of $450.
There are currently 140 properties listed for sale, and 80 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 921 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.