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Back 23/242 Cranbourne Road
Off Market

23/242 Cranbourne Road

Frankston VIC 3199

2
1
2
257 m²
Unit
Last sold for $545,000
Badiha CookBadiha Cook, last sold this property on 28 July 2026 after 14 days on market.

Overview

Stylish, Low-Maintenance Living in a Convenient Location

Privately positioned at the rear of a well-maintained and quiet complex, this light-filled two-bedroom unit offers an excellent opportunity for first home buyers, downsizers and investors seeking a low-maintenance home in a convenient Frankston location. Enjoying a bright north-facing aspect, the home features separate living and dining areas that provide comfortable spaces to relax or entertain. The well-appointed kitchen includes a Fisher & Paykel oven and dishwasher, a gas cooktop and ample storage, with a pleasant outlook over the sun deck and private, low-maintenance outdoor entertaining area. Both bedrooms are generously sized, with the main bedroom offering a spacious walk-in robe and semi-ensuite access to the central bathroom. Additional features include gas wall heating, evaporative cooling, a split-system, external blinds, ceiling fans and a double lock-up garage, ensuring comfort and practicality throughout. Positioned within a quiet complex, with private gated access to Ballam Park, the property is ideally located just moments from walking and cycling trails, Karingal Hub Shopping Centre, cafés, restaurants, cinemas and public transport. The home is also within easy reach of local primary schools, McClelland College, Frankston Hospital, Monash University, Frankston Beach, Frankston CBD and the Mornington Peninsula Freeway. Offering a combination of comfort, convenience and easy-care living, this is a fantastic opportunity to secure a home in a sought-after Frankston location.

Features

2 bedrooms
1 bathroom
2 carspaces
2 garage spaces
257 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Frankston over the last 12 months, the estimated median property value of 23/242 Cranbourne Road is $560k.

Median value
$560k
Estimated value range
$215k - $830k
Median days on market
25
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Frankston. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 23/242 Cranbourne Road

2026
Sold
$545,000
28 Jul 2026 by Badiha Cook, of Eview Group - Australia
2020
Sold
$411,000
27 Sep 2020 by Daniel Condon, of Ray White Frankston

Happy sellers in Frankston

88%
88% of sellers in Frankston reported that their sale price either exceeded or met their price expectations.

Frankston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 172 reviews in Frankston over the last 12 months.

Local market activity for 2 bedroom units in Frankston

In the last 12 months, 140 two-bedroom units similar to 23/242 Cranbourne Road, have been sold.

This represents a 14% increase in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Frankston

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Michael McClure

Sellers who recommend Michael McClure have praised them for being clear communication, local expert, honest, friendly, supportive, reliable and responsive

  •   4.9   (482 reviews)
  •  45 Reviews in Frankston
  •  45 Sales in Frankston
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Luke Magree

Sellers who recommend Luke Magree have praised them for being clear communication, local expert, responsive, supportive, honest, friendly and pleasant

  •   5   (267 reviews)
  •  34 Reviews in Frankston
  •  94 Sales in Frankston
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Adam Price

Adam Price is a recommended agent for Frankston.  They have 19 local sales and collected 13 local reviews across the last 12 months.

  •   5   (104 reviews)
  •  13 Reviews in Frankston
  •  19 Sales in Frankston
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Juan Merchan

Sellers who recommend Juan Merchan have praised them for being local expert, clear communication, supportive, reliable, honest, great negotiation and friendly

  •   4.9   (269 reviews)
  •  11 Reviews in Frankston
  •  16 Sales in Frankston
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