1/10 Parer Street
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About this property
Positioned at the front of just two and offering the rare bonus of no body corporate, this exceptionally neat and well-maintained unit delivers low-maintenance living in a location that truly does the heavy lifting. Comprising two comfortable bedrooms, a central bathroom, and a secure lock-up garage, the home is perfectly suited to downsizers seeking simplicity, first home buyers entering the market, or investors chasing a smart, set-and-forget addition to their portfolio. The interior presents beautifully, with a sense of order and care that makes moving in or leasing out feel refreshingly straightforward. Currently tenanted on a month to month basis at $400 per week, it offers immediate return with future flexibility. Step outside and you're only a short stroll to Beach Street shops, where cafés, essentials, and a touch of seaside charm are always within reach. And of course, the beach itself is close enough to become part of your daily rhythm. A tidy package in a tightly held pocket, this is easy living with a coastal heartbeat.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 2
- Bathrooms
- 1
- Parking
- 1
- Land Area
- 223 m²
- Listed
- 2 months ago
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Upfront costs
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Neighbourhood
Living in Frankston
This 2-bedroom apartment in Frankston, VIC 3199 sits within reach of public transport, local shops and nearby schools. It is listed 30% below the $822,500 median of 54 comparable apartmentswithin 5 km.
Schools near Frankston
- Frankston Special Developmental Schoolcombined · U · CoEd
- Ballam Park Primary Schoolprimary · Prep-6 · CoEd
- Frankston East Primary Schoolprimary · Prep-6 · CoEd
- Frankston Heights Primary Schoolprimary · Prep-6 · CoEd
- Frankston Primary Schoolprimary · Prep-6 · CoEd
- Karingal Heights Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Frankston Station, platform 2 (train) — 1.2 km away
- Tyrepower — 1.0 km away
- Unnamed — 660 m away
- Wingham Park — 1.1 km away
- Orwil Street Reserve — 1.1 km away
Frankston at a glance
Full suburb profile- Population
- 37,331
- Median age
- 39
- Household income
- $1,387/wk
- Median rent
- $342/wk
- Median mortgage
- $1,733/mo
Source: ABS Census.
Due diligence
Property Report
Bushfire Risk
None
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BAL rating
BAL-LOW
Bushfire Attack Level
Vegetation
Urban fringe with scattered native vegetation and residential gardens; some bushland reserves to the south and east
Frankston is a coastal urban suburb in Victoria's southern metropolitan area with low bushfire risk. While some bushland reserves exist in nearby areas (particularly towards Karingal and the Dandenong Ranges fringe), the suburb itself is predominantly urban-residential with limited vegetation density. Properties are typically not mapped within the Bushfire Prone Area (BPA) or subject to the Bushfire Management Overlay (BMO), though properties closer to reserves or in the western fringe may warrant individual assessment.
Suburb market
Suburb price trend
Frankston price trend
Median sold · Unit 2 bed
Compound growth +3.9% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Frankston marketThis listing
Price history
Price history
Listing price changes
2 price changes recorded for this property
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