Frankston North at a glance
5,844
People
$720,000
Median sale
$509/wk
Median rent
3.68%
Suburb gross yield
Median sale from 84 recorded sales (last 12 months) — a Districts calculation.
VIC › Frankston North › Norfolk Cres
$565,000
Last sold
8 June 2021
3
Bedrooms
1
Bathrooms
1
Car spaces
605 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$565,000
8 June 2021 · derived via latest_sale
Local land rate: recorded House sales in Frankston North (last 5 years) with land size have a median of $1,118/m² of land (n=119). Districts calculation from recorded sales — not a valuation.
Frankston North at a glance
5,844
People
$720,000
Median sale
$509/wk
Median rent
3.68%
Suburb gross yield
Median sale from 84 recorded sales (last 12 months) — a Districts calculation.
Vs Frankston North
-21.5%
Median sale
Suburb $720,000
+1.00 pp
Gross yield
Suburb 3.68%
Suburb median $720,000 from 84 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE
R1Z
Jurisdiction
Frankston
Frankston, VIC
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned GENERAL RESIDENTIAL ZONE · R1Z (ZN). Official parcel area about 607 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $509/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
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.”
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
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE · R1Z (ZN). Official parcel area about 607 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 607 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Frankston North at a glance
5,844
People
$720,000
Median sale
$509/wk
Median rent
3.68%
Suburb gross yield
Median sale from 84 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Carrum DownsWelcome to 10 Norfolk Crescent, Frankston North - Your Next Family Haven
Set in the sought-after suburb of Frankston North, this stunning property offers the perfect opportunity to join a vibrant community of young families transforming the area. With large blocks, friendly neighbours and affordable homes, Frankston North is fast becoming one of the Peninsula's most desirable locations.
As you approach this charming family home, you'll immediately notice its bright and sunny aspect, with sunlight streaming onto the front porch and through the lush, mature gardens. Tucked behind a private and secure fence, this is your own peaceful oasis.
Inside, you'll be greeted by gleaming polished floorboards and light-filled interiors. The open-plan kitchen, living, and dining areas create a welcoming atmosphere, ideal for family gatherings and cozy evenings. Keep the environment at a comfortable temperature all year round with central split system.
The home features three spacious bedrooms, serviced by a family-friendly bathroom complete with a bathtub - perfect for young children.
Out back, a large, well-maintained garden awaits, featuring a variety of fruit trees and ample space to expand, relax, or entertain. The sizable shed provides plenty of room for storing tools or working on weekend projects.
Location is everything, and here, you're just a short drive from Seaford's pristine white-sand beaches, the world-renowned wineries of the Mornington Peninsula, and the vibrant nightlife of Melbourne's CBD. Whether you're starting your property journey or looking for a solid investment, this location ticks all the boxes.
Don't miss out on the chance to make this wonderful home yours! Contact Georgia at 0411 303 283 to arrange an inspection today.
Listing description written by Georgia Ryan, Ray White Carrum Downs — reproduced as published, not verified by Districts.