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VIC › Frankston › Coonac Pl

1 Coonac Pl, Frankston VIC 3199

For saleHouse for Sale

$890,000–$950,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

3

Car spaces

538 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $890,000–$950,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $890,000–$950,000(Listing record · 17 Aug 2026)
  • FactLand 538 m²; no building size recorded.(Property record)
  • CalculationAsk is 7% below the Frankston median recorded sale ($955,000, n=10, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Frankston's advertised median rent ($510/wk), implied gross yield would be 2.98% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$890,000–$950,000

Asking range · $1,654/m² of land

No recorded sale for this property.

Frankston at a glance

39,074

People

$955,000

Median sale

$510/wk

Median rent

2.78%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Frankston report →

Vs Frankston

-6.8%

Median sale

Suburb $955,000

+0.20 pp

Gross yield

Suburb 2.78%

Suburb median $955,000 from 10 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$890,000
Stamp Duty (Victoria)
$48,470
Transfer/Registration Fee
$2,187
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$944,357

$54,357 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Frankston's advertised median rent — not a rent for this listing.

Net yield
1.48%
Annual cashflow (pre-tax)
$-33,110
Interest cover (DSCR)
0.28
Annual rent
$26,520
Operating expenses
$13,350
Loan amount
$712,000
Annual interest
$46,280
Gross yield
2.98%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$890,000–$950,000available17 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $510/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.0%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Frankston in one glance

Frankston at a glance

39,074

People

$955,000

Median sale

$510/wk

Median rent

2.78%

Suburb gross yield

Median sale from 10 recorded sales (last 12 months) — a Districts calculation.

See the full Frankston report →

Keep researching

  • Why Frankston? Read the area thesis →
  • What else is on the market in Frankston →
  • Other records on Coonac Pl →

Listing material

Listed by Eview Group

Stunningly Renovated 4 Bedroom Home

Immaculately presented and fully renovated, this tastefully finished four bedroom home combines warmth, character, and modern luxury....we've all fallen a little in love already. Complimenting a well laid out floorplan with the addition of double glazed windows, new gutters, repointed roof, electric gates and Tasmanian Oak flooring, every detail has been attended to. Add to this a sensationally convenient location minutes from multiple freeways access, train, beaches and more ....it's a real winner!!!

Features include:

- Spacious master suite complete with a stylish ensuite with timber vanity, walk in shower and walk in robe

Read the full description

- 3 double bedrooms that all include built-in robes

- Kitchen with loads of benchspace & cupboards, additional cabinetry in meals area with room for the robotic vac and double wine fridges. Gas cooktop, stone benches and a dedicated microwave space.

- Huge living and dining zone with additional living area off kitchen

- Family bathroom with bath and shower

- Choose from the alfresco dining area at rear off the kitchen surrounded by trees and festoon lighting or the cosy fire pit area at the front

- Ducted heating and cooling, warm Tasmanian Oak flooring and downlights throughout

- Double glazed windows, new gutters, repointed roof, electric gates, rendered exterior

- Double tandem carport, with enough space for a third car off street behind secure electric gates if needed

Conveniently positioned close to shopping, schools, parks, public transport, Frankston & Peninsula Link freeways access, and only moments from Frankston's beaches, Karingal's newly extended shopping and entertainment precinct, hospitals and education facilities, this beautifully renovated home offers premium family living in a highly convenient location.

Call Michael to make it yours today!

0403 7736 761

Listing description written by Michael McClure, Eview Group — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Shed
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.