Home/Properties/Frankston/9/124 Cranbourne Road
9/124 Cranbourne Road, Frankston$480,000
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For Saleapartment

9/124 Cranbourne Road

Frankston, VIC 3199, Australia
$460,000 – $500,000
2 bed 1 bath 1 car209 m²

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About this property

This 2-bedroom villa presents an opportunity for first-home buyers, investors, or renovators seeking a property in a convenient Frankston location. Offering comfortable accommodation in its current condition, the home also provides scope for updates or renovation. Inside, the floorplan comprises separate living and dining areas, complemented by a functional kitchen with laminate benchtops. The layout provides defined living spaces, with potential for future modernisation. A private courtyard includes a garden area and outdoor space that may be further enhanced to suit individual requirements. There are two bedrooms, both fitted with built-in robes, serviced by a central two-way bathroom and separate toilet. A full-sized laundry adds practicality to the home's accommodation. Located 450 metres from Frankston POWER Centre, 700 metres from Beach Street shops, 2.1 km from Jubilee Park, 1.8 km from Frankston RSL, and 7.9 km from Frankston Freeway, it's just 2.5 km from Karingal Hub, 2.2 km from Ballam Park, 1.8 km from Monash University Peninsula Campus, and 3.3 km from Frankston's CBD and foreshore, delivering incredible convenience for work, study, and recreation at every turn. A property offering potential in a well-connected location. Disclaimer: Whilst every care has been taken to ensure the accuracy of the information provided, interested parties should rely on their own enquiries and due diligence. The agent and vendor accept no responsibility for any errors, omissions, or inaccuracies.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
209 m²
Listed
2 weeks ago

Repayment calculator

$2,327/month
$1,164 /fortnight
Loan $384,000 at 6.10% over 30 years

Upfront costs

Deposit$96,000
Stamp duty$23,870
Conveyancing (est.)$2,000
Total upfront$121,870
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Frankston

This 2-bedroom apartment in Frankston, VIC 3199 sits within reach of public transport, local shops and nearby schools. It is listed 41% below the $807,500 median of 52 comparable apartmentswithin 5 km.

Schools near Frankston

  • Frankston Special Developmental Schoolcombined · U · CoEd
  • Ballam Park Primary Schoolprimary · Prep-6 · CoEd
  • Frankston East Primary Schoolprimary · Prep-6 · CoEd
  • Frankston Heights Primary Schoolprimary · Prep-6 · CoEd
  • Frankston Primary Schoolprimary · Prep-6 · CoEd
  • Karingal Heights Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Frankston Station, platform 2 (train)1.4 km away
  • Tyrepower1.2 km away
  • Unnamed727 m away
  • Wingham Park1.3 km away
  • Unnamed1.4 km away

Frankston at a glance

Full suburb profile
Population
37,331
Median age
39
Household income
$1,387/wk
Median rent
$342/wk
Median mortgage
$1,733/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Frankston price trend

Median sold · Unit 2 bed

Compound growth +3.9% / yr over 4 yrs

$575kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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