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1/9 Catherine Parade, Frankston$799,000
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For Salehouse

1/9 Catherine Parade

Frankston, VIC 3199, Australia
$799,000
4 bed 1 bath 2 car488 m²

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About this property

Perfectly positioned in one of central Frankston's most tightly held pockets, this beautifully refreshed four-bedroom home delivers the increasingly rare combination of immediate comfort, generous land and exciting future potential. Set on approximately 488sqm, the home has recently undergone a substantial refresh, featuring fresh paint throughout, brand new flooring through most of the home, new carpet to the bedrooms and vacant possession, allowing buyers to move straight in or lease the property immediately. Behind its timeless cream brick veneer façade lies a flexible floorplan with four bedrooms, a renovated kitchen and spacious living areas, making it an ideal choice for families, first home buyers, downsizers wanting extra space or savvy investors. What truly sets this property apart is the land. The subdivision was exceptionally well designed, allowing the original home to retain approximately 500sqm of land. This generous allotment creates an exciting opportunity for those looking further ahead, with excellent potential to redevelop into two dwellings in the future, subject to council approval. There is a shared driveway with the rear residence, however there is no active Owners Corporation, meaning no ongoing OC fees. Positioned within walking distance of Frankston Hospital, Monash University, Frankston Station, the CBD, award-winning beaches, cafes and restaurants, the location offers outstanding convenience while the Frankston Freeway is only moments away for effortless commuting. Features you'll love: Approx. 500sqm landholding Four generous bedrooms Freshly painted throughout Brand new flooring through most of the home New carpet to all bedrooms Renovated kitchen Solid cream brick veneer construction Vacant and ready to move straight in Shared driveway with no active Owners Corporation Outstanding future subdivision potential (STCA) Walk to Frankston Hospital, Monash University, CBD, station and beach Opportunities offering this much land, flexibility and future potential in such a tightly held central location are becoming increasingly difficult to find. Whether you're looking for a quality home to enjoy today or a blue-chip landholding with long-term upside, this is one not to miss.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
1
Parking
2
Land Area
488 m²
Listed
3 weeks ago

Repayment calculator

$3,874/month
$1,937 /fortnight
Loan $639,200 at 6.10% over 30 years

Upfront costs

Deposit$159,800
Stamp duty$43,010
Conveyancing (est.)$2,000
Total upfront$204,810
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Frankston

This 4-bedroom house in Frankston, VIC 3199 sits within reach of public transport, local shops and nearby schools. It is listed 11% above the $722,500 median of 59 comparable houseswithin 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)758 m away
  • Tyrepower626 m away
  • Unnamed760 m away
  • Beauty Park1.0 km away
  • Orwil Street Reserve1.0 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.

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Suburb market

Suburb price trend

Frankston price trend

Median sold · House 4 bed

Compound growth +2.7% / yr over 4 yrs

$930kcurrent median

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Price history

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1 price change recorded for this property

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