SOLD
Sold on 25 May 2024 for $611,500

206 Cranbourne Road
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Land area: 523m2
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OBrien Real Estate Seaford
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Property Details for 206 Cranbourne Rd, Frankston

206 Cranbourne Rd, Frankston is a 2 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 523m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Frankston in the last 12 months.

Building Type
House
Land Size
523m2
Local Government
Frankston
Lot/Plan
5/LP62521

Last Listing description (August 2024)

Ideal elevated three bedroom north facing family home situated on a corner allotment of approx. 523m2. that will make a great first home, investment or the opportunity to extend, renovate, develop or subdivide (STCA). Situated in a great location within walking distance to Ballam Park, local schools, Karingal Hub, Frankston shopping centre, public transport and easy access to the City or Peninsula via the major road links.

Upon entry you are greeted to a light filled living area that flows through to a spacious dining area with split system heating and cooling. Large functional kitchen with dishwasher and plenty of cupboard and bench space to prepare meals and entertain.

The oversized master bedroom includes walk in robes and ensuite with shower and toilet. Central family bathroom with separate bath and shower. Gas ducted heating throughout.

Double carport plus a fully fenced secure yard with ample room for the kids and pets to play.

With a secure tenant on a fixed term lease returning $440 per week currently on a month to month lease.

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Property History for 206 Cranbourne Rd, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$611,500
25 May 2024
Listed for Rent
$440/w
16 Dec 2022
  • 25 May 2024
    Sold for $611,500
  • 09 Apr 2024
    Listed for Sale $585,000-$620,000
  • 08 Nov 2022
    Listed for Rent $440 / 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 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 21,642 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 144 properties listed for sale, and 75 properties listed for rent in Frankston on OnTheHouse. According to CoreLogic's data, 918 properties were sold in the past 12 months in Frankston.

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