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

5 Parer Street
Frankston VIC 3199

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 221m2
Land area: 650m2
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Property Details for 5 Parer St, Frankston

5 Parer St, Frankston is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2024. The property has a land size of 650m2 and floor size of 221m2. While the property is not currently for sale or for rent, it was last sold in June 2021.

Building Type
House
Year Built
2024
Floor Size
221m2
Land Size
650m2
Local Government
Frankston
Lot/Plan
11/LP14725

Last Listing description (June 2021)

Huge allotment in a highly desirable pocket presents a wonderful opportunity to redevelop and bask in the exciting potential posed by this 652sqm approx. allotment, offering outstanding scope to create your dream home or develop multiple dwellings (STCA).Perfectly positioned central to all the spoils that Frankston offers, with all the ease convenience that one could possibly want. Walking distance to Beach Street shops, Frankston CBD, white sandy beaches, schools, university, hospital, Tafe public transport right at your doorstep, theres so much to love about this neat sweet home.Statement of Information: https://s3-ap-southeast-2.amazonaws.com/documents.renet.cloud/coffsagents/10037465/listing/20711673/1408245/Statement-of-Informa_4b22-d3d9-5b53-91e2-5149-e40b-9131-be14_20210528044134.pdf

Property History for 5 Parer St, Frankston, VIC 3199

A timeline of how this property has performed in the market
Last Sold
$655,000
05 Jun 2021
Listed for Rent
$240/w
24 Feb 2016
  • 05 Jun 2021
    Sold for $655,000
  • 21 May 2021
    Listed for Sale ALL OFFERS AQUIRE BY 3pm 5th of June!
  • 17 Nov 2020
    Listed for Sale Contact Agent
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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 21,714 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 111 properties listed for sale, and 53 properties listed for rent in Frankston on OnTheHouse. According to Cotality's data, 1181 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.