1/1 Parer Street, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

1/1 Parer Street
Frankston VIC 3199

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Last updated 16 Mar 2026
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Property Details for 1/1 Parer St, Frankston

1/1 Parer St, Frankston is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950.

Building Type
Unit
Year Built
1950
Local Government
Frankston

Last Listing description (August 2015)

This renovated 3 bedroom, 1 bathroom cottage is guaranteed to impress with value and style. Whether you want to invest or simply looking for yourself this cosy home has something for everyone.
Featuring wooden floorboards throughout, this home has a large living space with open fireplace, modern kitchen with stainless appliances, good sized bedrooms all with built in wardrobes. The home has ducted heating and a single carport. Outside, the rear garden is very private with a great alfresco area and outdoor shower. All features of this home are built to embrace the old fashioned style but is still modern and cosy throughout.
3 bedrooms with built in wardrobes

1 bathroom
wooden floorboards
Ducted heating
Large lounge with open fire
Stainless appliances in kitchen
Single carport
Covered alfresco area with shower
In close proximity to schools, shopping centre and beach
Located just off Beach Street Frankston, this home has a quiet location but is still in close proximities to schools, public transport, shopping centres and even the beach. Incredible value for first home buyers, down sizers or the smart investor. Guaranteed to impress and sell quickly.

Property History for 1/1 Parer St, Frankston, VIC 3199

A timeline of how this property has performed in the market
  • 17 Jun 2015
    Listed for Sale $290,000 plus
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About Frankston 3199

The size of Frankston is approximately 19.8 square kilometres. It has 72 parks covering nearly 21.2% of total area. The population of Frankston in 2016 was 36097 people. By 2021 the population was 37331 showing a population growth of 3.4% in the area during that time. The predominant age group in Frankston is 30-39 years. Households in Frankston are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Frankston work in a professional occupation.In 2021, 58.30% of the homes in Frankston were owner-occupied compared with 56.80% in 2016.

Frankston has 21,721 properties. Over the last 5 years, Houses in Frankston have seen a 34.43% increase in median value, while Units have seen a 34.05% increase. As at 28 February 2026:

  • The median value for Houses in Frankston is $871,189 while the median value for Units is $589,978.
  • Houses have a median rent of $580 while Units have a median rent of $490.
There are currently 117 properties listed for sale, and 55 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1180 properties were sold in the past 12 months in Frankston.

Suburb Insights for Frankston 3199

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.