Back 1/9 Catherine Parade
Off Market

1/9 Catherine Parade

Frankston VIC 3199

4
1
2
488 m²
House
Last sold for $725,000
Aaron FrolingAaron Froling, last sold this property on 17 August 2026 after 52 days on market.

Overview

Land-Rich Central Frankston Holding | Move In, Invest or Develop (STCA)

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.

Features

4 bedrooms
1 bathroom
2 carspaces
488 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Frankston over the last 12 months, the estimated median property value of 1/9 Catherine Parade is $929k.

Median value
$929k
Estimated value range
$656k - $1.61m
Median days on market
22
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Frankston. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/9 Catherine Parade

2026
Sold
$725,000
Private Sale/Treaty on 17 Aug 2026 by Aaron Froling, of fosterfroling Real Estate

Happy sellers in Frankston

86%
86% of sellers in Frankston reported that their sale price either exceeded or met their price expectations.

Frankston stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 165 reviews in Frankston over the last 12 months.

Local market activity for 4 bedroom houses in Frankston

In the last 12 months, 144 four-bedroom houses similar to 1/9 Catherine Parade, have been sold.

This represents a 16% increase in four-bedroom houses sales when compared to the previous 12 months.

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