Back 231 Cranbourne Road
Off Market

231 Cranbourne Road

Frankston VIC 3199

4
2
5
570 m²
House
Last sold for $860,000
Karen DayKaren Day, last sold this property on 10 February 2026 after 68 days on market.

Overview

Ticks all the boxes

Perfect for families or savvy investors, this property offers a comfortable and convenient lifestyle at an attractive price point. Positioned just 1km from Karingal Shopping Centre and within walking distance to local shops and hospitals, it presents a rare opportunity to secure a generous block in one of the peninsula’s fastest-growing suburbs. Whether you're looking to move in, invest, or explore development options (STCA), this solid four-bedroom home is loaded with potential. Key Features 4 bedrooms, 2 bathrooms 2 spacious living areas Double carport plus additional front entrance for 3 more cars. Step inside to discover a functional and inviting layout featuring four well-sized bedrooms—including a super-sized master with ensuite—a central bathroom, two living zones, and a practical kitchen and meals area. The home is immediately liveable or rentable, allowing you to generate income while planning future improvements or developments. What truly sets this property apart is its generous block size paired with an unbeatable location. Just moments from Peninsula Link, public transport, local amenities, and Frankston’s vibrant CBD, you’ll also enjoy close proximity to excellent schools, parks, and the stunning bay beaches. For more information, contact Karen Day on 0490 242 303.

Features

4 bedrooms
2 bathrooms
5 carspaces
2 carport spaces
3 open car spaces
570 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Frankston over the last 12 months, the estimated median property value of 231 Cranbourne Road is $930k.

Median value
$930k
Estimated value range
$656k - $1.61m
Median days on market
21
Estimated value trend
11%
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 231 Cranbourne Road

2026
Sold
$860,000
10 Feb 2026 by Karen Day, of Us Real Estate

Happy sellers in Frankston

91%
91% 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 217 reviews in Frankston over the last 12 months.

Local market activity for 4 bedroom houses in Frankston

In the last 12 months, 155 four-bedroom houses similar to 231 Cranbourne Road, have been sold.

This represents a 7% increase in four-bedroom houses sales when compared to the previous 12 months.

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