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158 Cranbourne Road, Frankston VIC 3199

$650,000 - $700,000

Search Band Search Visibility Band

$650k - $700k High Confidence Calculated based on strong search observations.

House 3 Beds 1 Bath 1 Car

Listed: 2 days ago

Overview

Situated on one of Frankston’s prominent thoroughfares, this three-bedroom house offers solid potential for a variety of buyers including first-home purchasers, investors, renovators, or those seeking a business opportunity from home. The residence provides comfortable living conditions with scope for modernization and value enhancement over time.

The interior showcases three well-sized bedrooms alongside a central family bathroom and a spacious living room featuring timber floors, wood heating, and split system air conditioning, setting the stage for relaxed year-round comfort. Adjoining the living space, the practical kitchen and light-filled dining area contribute to the home's functional layout, complemented by an additional study that can serve as a workspace or meeting area, ideal for home-based businesses subject to council approval.

External living is enhanced by an entertaining deck that overlooks a sizable backyard, affording ample space for outdoor activities and pet-friendly environments. Practicality is further supported with off-street parking and a carport, meeting everyday needs.

The property's high-exposure Cranbourne Road frontage offers excellent visibility and accessibility for potential business use or future development. Its location adds considerable lifestyle appeal with close proximity to Ashleigh Avenue shopping strip for essentials, convenient public transport links, and recreational amenities such as Ballam Park with playgrounds and sports facilities. Nearby Karingal Hub provides a diverse range of retail and dining options, while a selection of primary and secondary schools caters well to families.

Easy access to Frankston’s central business district, train station, beaches, and major arterial roads underscore the convenience of this location. The versatile nature and setting of this home make it a compelling choice for those seeking a well-positioned property with growth prospects.

Local Market Insights

In Frankston, Quiet Listings observed 64 new houses entering the market over the last 30 days, down from 72 during the previous 30-day period, with an average advertised asking price of $1,045,922. The property type mix of listed properties is predominantly Houses at 67%, followed by units (13%), and apartments (7%). The most active agency for houses in the Frankston area is currently Ray White, representing 19% of new listings, followed by OBrien Real Estate with 19%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.