2/27 Parer Street, Frankston, VIC 3199 | Property Value & History | OnTheHouse
OFF MARKET

2/27 Parer Street
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 676m2
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Property Details for 2/27 Parer St, Frankston

2/27 Parer St, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1989. The property has a land size of 676m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
1989
Floor Size
95m2
Land Size
676m2
Local Government
Frankston
Lot/Plan
2/SP36499

Last Listing description (February 2022)

Striking the perfect balance of proportion and position, this rear two-bedroom unit flows with open space and the undeniable potential to personalise, offering an increasingly rare opportunity to jump into a hot marketplace.

Designed for open plan enjoyment, the large lounge and dining room allow an abundance of natural light in through large windows, overlooked by an original kitchen with a gas cooker and an abundance of bench and storage space. Two robed bedrooms lay quietly behind, serviced closely by a full-sized laundry, separate toilet and a family bathroom with ensuite access from the master.

Split-system air conditioning, low maintenance gardens, a single garage and new fencing lay the finishing touches on a great starter or renovator, sat moments from Beach Street shopping, buses, John Paul College, Frankston TAFE, CBD and beautiful beaches.

Property History for 2/27 Parer St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$547,500
03 Dec 2021
Listed for Rent
$275/w
08 Feb 2015
  • 03 Dec 2021
    Sold for $547,500
  • 25 Nov 2021
    Listed for Sale $547,500
  • 20 Dec 2017
    Sold for $390,000
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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 21,756 properties. Over the last 5 years, Houses in Frankston have seen a 37.66% increase in median value, while Units have seen a 34.11% increase. As at 30 November 2025:

  • The median value for Houses in Frankston is $855,978 while the median value for Units is $580,928.
  • Houses have a median rent of $570 while Units have a median rent of $480.
There are currently 64 properties listed for sale, and 59 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1184 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.