Back 245 Cranbourne Road
Off Market

245 Cranbourne Road

Frankston VIC 3199

3
1
2
561 m²
House
Last sold for $746,500
Thomas LarkinThomas Larkin, last sold this property on 19 September 2025 after 8 days on market.

Overview

The Perfect Starter or Investment Opportunity!

Sale by Set Date ® (Offers Closing 30th Sep @ 5pm - Unless Sold Prior) Terms: 5/10% deposit Settlement: 30/60 days Rental appraisal: $550 - $600 P/W (approx) Possession: Vacant Possession (Owner Occupied) Positioned in a convenient pocket of Frankston, this well-maintained home presents a strong opportunity for buyers at every stage of the journey seeking long-term value. Featuring floorboards throughout, the home offers three generous bedrooms, a central bathroom, and a practical layout that caters to everyday living. Comfort is further enhanced by split system heating/cooling and electric heaters throughout. Set on a generous 561sqm block, the north-facing home also benefits from a slip lane for easier access. The property includes a secure front gate, double car garage at the rear, and plenty of space for outdoor entertaining or future updates, making it a home with long-term appeal. Located just moments from Karingal Hub, Peninsula Link, and Frankston CBD, and within walking distance of bus services, this location provides easy access to shopping, transport, schools, and the bay. Whether you're entering the market or looking for a solid investment, 245 Cranbourne Road delivers comfort, scope, and a prime position. Disclaimer: In preparing this information, Barry Plant Frankston has relied in good faith upon information provided by others and has made all reasonable efforts to ensure that the information is correct. The accuracy of the information provided to you (whether written or verbal) cannot be guaranteed. If you are considering this property, you must make all enquiries necessary to satisfy yourself that all information is accurate. Please note that inspection times are subject to change without notice, we suggest you check the online marketing/listing on the day.

Features

3 bedrooms
1 bathroom
2 carspaces
561 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Frankston over the last 12 months, the estimated median property value of 245 Cranbourne Road is $829.85k.

Median value
$829.85k
Estimated value range
$380k - $1.84m
Median days on market
22
Estimated value trend
14%
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 245 Cranbourne Road

2025
Sold
$746,500
Private Sale/Treaty on 19 Sep 2025 by Thomas Larkin, of Barry Plant Frankston

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 3 bedroom houses in Frankston

In the last 12 months, 380 three-bedroom houses similar to 245 Cranbourne Road, have been sold.

This represents a 2% increase in three-bedroom houses sales when compared to the previous 12 months.

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