1/10 Parer Street
Compare with other listings
See it side-by-side · winner per row · AI verdict.
Photos via the original listing. All photographs remain the property of their respective owners.
Maps & AI
Ask StMate AI
AI Property Assistant
Ask anything about this property
Approximate location shown. Contact agent for exact address.
Gallery
Property Photos
Listing description
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
Repayment calculator
Upfront costs
Know what you can borrow
Talk to a mortgage broker about pre-approval and your best rate — free, no obligation.
Inspections
Interested in inspecting this property?
Check the next open inspection time or request a private viewing on Domain.
Book inspection on DomainWork at Aquire? Claim this listing to sync your ads with StMate.
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
Future Development
Frankston is experiencing moderate development activity focused on waterfront renewal, CBD intensification and suburban infill, supported by rail accessibility and healthcare investment. The municipality is pursuing housing diversity within established precincts whilst managing heritage considerations in the central business district. Key drivers include population growth in the southern corridor, state government infrastructure funding and strategic planning for urban consolidation.
Nearby projects
6
Closest
0 km
Frankston CBD Heritage & Housing DA
Distance from this property is exact (rings = km). Direction is illustrative.
Frankston CBD Heritage & Housing DA
0 kmMulti-storey residential development incorporating heritage façade retention in central Frankston.
Frankston Railway Station Precinct Upgrade
0.2 kmStation accessibility and interchange improvements as part of broader Victorian rail modernisation.
Frankston Waterfront Precinct Redevelopment
0.5 kmLong-planned waterfront renewal involving residential, retail and public realm improvements along the foreshore.
Frankston Hospital Expansion DA
2 kmHealthcare facility expansion and redevelopment to support growing regional demand.
Karingal Estate Infill Development
2.5 kmMedium-density housing infill project on surplus public land near Karingal shopping precinct.
Seaford Heights Residential Estate Extension
4 kmNew stage of established estate development with standard residential lots and supporting services.
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
See exactly how this listing's price has moved over time— a paid feature. The figures aren't shown publicly.
Side-by-side analysis
Compare with similar properties
Similar apartments in the same price range in Frankston and nearby — see how this property stacks up.
Within 5km