Frankston South at a glance
19,392
People
$1,126,000
Median sale
$628/wk
Median rent
2.90%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
VIC › Frankston South › Casuarina Dr
$615,000
Last sold
21 Feb 2019
3
Bedrooms
2
Bathrooms
1
Car spaces
492 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$615,000
21 Feb 2019 · derived via latest_sale
Local land rate: recorded House sales in Frankston South (last 5 years) with land size have a median of $1,372/m² of land (n=47). Districts calculation from recorded sales — not a valuation.
Frankston South at a glance
19,392
People
$1,126,000
Median sale
$628/wk
Median rent
2.90%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Frankston South
-45.4%
Median sale
Suburb $1,126,000
+2.41 pp
Gross yield
Suburb 2.90%
Suburb median $1,126,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
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
VICPlanning 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.
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
No advertised rent is recorded. Suburb median rent $628/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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 South at a glance
19,392
People
$1,126,000
Median sale
$628/wk
Median rent
2.90%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ash Marton Realty*** Please call Leon prior to attending any open for inspection ***
This fully renovated, family friendly home is positioned on a low maintenance allotment and within the prestigious Derinya Primary School Zone. The home has been subdivided from a much larger original allotment however retains a generous allotment of approximately 491M2 with no active body corporate fee.
Casuarina Drive and the surrounding area is renowned for being a secure, family orientated and highly sought after location. The astute purchaser will benefit from residing near to a multitude of local parks and recreation facilities, within walking distance of public transport infrastructure as well as within a short drive of the developing Frankston CBD and the award-winning foreshore precinct.
From a secure and private frontage, this home extends to a gorgeous family haven offering:
* Two large living areas including an L shaped living and dining space as well as a secondary open-plan kitchen and family living arrangement.
* The gorgeously renovated kitchen is equipped with an electric oven, induction cooktop and dishwasher as well as ample cupboard and bench space and a breakfast bar.
* An open family living space extends from the kitchen and overlooks a decked outdoor living / entertainment domain.
* The master suite is positioned away from the remaining bedrooms and offers a sizeable walk in robe as well as a fully renovated ensuite.
* Two additional oversized bedrooms are serviced by a fully renovated central family bathroom complete with a separate bathtub and shower, and a single vanity.
* An oversized, single garage / workshop with an electric door offers access through to the rear yard
* The home offers a fenced front yard as well as a fully fenced rear yard, well suited to accomodating for pets.
* A separate toilet and a separate laundry, with outdoor access enhance the functional appeal of the home.
Additional features include:
* Functional layout, well suited to a growing family
* Ducted heating
* Split system heating and cooling
* Fully fenced rear yard with gated access
Whether you live locally or commute to Melbourne via the nearby Peninsula Link, this home offers a lifestyle of convenience and comfort. Invest in confidence and bank on the returns of LAND, LIFESTYLE and the best LOCATION.
Frankston City is one of Melbourne’s fastest growing and most desirable locations for many reasons. An affluent demographic of prospective purchasers are seeing enormous value in the lifestyle elements this great city offers! This is a great opportunity to enjoy Frankston South's attractions including:
* Award Winning Beaches
* World Class Sporting and Recreational Amenities
* Multitude of Restaurants, Cafes and Entertainment Options
* Ever Expanding Collection of Shopping Outlets
* Proximity to Melbourne as well as the Mornington Peninsula
Listing description written by Leon Zuidema, Ash Marton Realty — reproduced as published, not verified by Districts.
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