5/2-4 Parer Street, Frankston, VIC 3199 | Property Value & History | OnTheHouse
 
OFF MARKET

5/2-4 Parer Street
Frankston VIC 3199

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 147m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 23 Mar 2026
Low
High
Share
Save

Property Details for 5/2-4 Parer St, Frankston

5/2-4 Parer St, Frankston is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1979. The property has a land size of 147m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
Unit
Year Built
1979
Land Size
147m2
Local Government
Frankston
Lot/Plan
5/RP6199

Last Listing description (February 2021)

This charming and well-maintained unit offers an easy, comfortable place to call home, close to all Frankston and Karingal has to offer.

This stylish, low maintenance home is newly pained, with fresh modern features throughout, Featuring a large, light and bright living area, flowing through to the spacious kitchen and separate laundry room.

The modern kitchen features ample bench space with a dishwasher and an abundance of storage/cabinetry with a full wall pantry, ideal for those who like to cook!

Both generous sized bedrooms are carpeted and both feature built-in robes. The bathroom features a new vanity unit and is generous in size, offering a full sized bath and shower.
The good-sized laundry opens to an inviting yard, that has been decked for your convenience - Perfect for getting together with family and friends, there is plenty of area for your own herb and plant garden.

This unit is ideal for families, downsizers or professionals who enjoy a central location. This neat and sweet home enjoys all the advantages of the Karingal estate and Bayside shopping centre, and is just a moments drive from the East link, and Peninsula Link Freeway for those commuting to work. The unit is walking distance to almost everything, Monash University, Chisholm Tafe as well as restaurants, cafes, shops, and Parks.

The block of units are all well maintained with friendly and easygoing neighbors, this particular unit has access to the house via a back gate leading from a small court with next to no traffic and plenty of street parking.

This property will not last long on the market!

Show More

Property History for 5/2-4 Parer St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$515,000
15 Dec 2021
Listed for Rent
$330/w
24 Feb 2021
  • 15 Dec 2021
    Sold for $515,000
  • 12 Feb 2021
    Listed for Rent $330 / week
  • 30 Dec 2019
    Sold for $390,000
Sign in to see more transactions
Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 21,725 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 120 properties listed for sale, and 60 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1178 properties were sold in the past 12 months in Frankston.

Frankston Profile Page

Suburb Insights for Frankston 3199

Visit Frankston profile page
Market Insights
Frankston Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Frankston Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Frankston profile page
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED