Back 6/23 Cranbourne Rd
Off Market

6/23 Cranbourne Rd

Frankston VIC 3199

1
1
1
86 m²
Apartment
Last sold for $361,000
Thomas LarkinThomas Larkin, last sold this property on 22 May 2025 after 169 days on market.

Overview

The Perfect Start or Wise Investment - Walk To The Beach, Restaurants, Train Station & more!

Terms: 5/10% deposit Settlement: 30/45/60 days Rental appraisal: $350 - $380 P/W (Approx) Body Corp: $1600 P/A (approx) School Zone: Frankston High School Zone Nestled within a neat and tidy block, this single level villa unit enjoys a superb location, literally in the heart of it all, only a moment's walk to Frankston Train Station, Bayside Shopping Centre, and opposite the ever popular PARC health & aquatic centre. Offering a low maintenance lifestyle, it is ideal for those entering the market or an investor seeking a carefree investment opportunity. It comprises a spacious and light filled bedroom, open plan kitchen/meals with a breakfast bar, central bathroom, split-system heating and cooling and a private courtyard ideal for entertaining. With polished floor boards throughout, there are few properties which compete in value for money. Easy to enhance further by updating or modernizing over time, it's a unique opportunity with significant future potential.

Features

1 bedroom
1 bathroom
1 carspace
86 m² lot size
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Frankston over the last 12 months, the estimated median property value of 6/23 Cranbourne Rd is $197.5k.

Median value
$197.5k
Estimated value range
$80k - $610k
Median days on market
30
Estimated value trend
-30%
decrease 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 6/23 Cranbourne Rd

2025
Sold
$361,000
Private Sale/Treaty on 22 May 2025 by Thomas Larkin, of Barry Plant Frankston
2023
Rented
Undisclosed
Leased on 28 Feb 2023 by Aquire Real Estate Frankston
2022
Rented
Undisclosed
Leased on 19 Dec 2022 by Aquire Real Estate 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 218 reviews in Frankston over the last 12 months.

Local market activity for 1 bedroom apartments in Frankston

In the last 12 months, 30 one-bedroom apartments similar to 6/23 Cranbourne Rd, have been sold.

This represents a 15% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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