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.
VIC › Frankston › Wandella Rd
7
Bedrooms
4
Bathrooms
5
Car spaces
1,273 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Frankston (last 5 years) with land size have a median of $1,250/m² of land (n=53). Districts calculation from recorded sales — not a valuation.
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.
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 $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.
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 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.
Listing material
Listed by Ash Marton RealtyAn original 1970s home, on a double block, offering unmatched renovation potential, with panoramic views of the bay, city & Dandenongs. This may just be the best opportunity of 2022! The existing home is remarkable, sprawling over three levels, this Mid Century beauty offers vast living proportions, seven bedrooms, four bathrooms, including a self-contained apartment and a double lock-up garage on the lower level.
Remaining in the same ownership from conception and barely changed over the years, this unique home on a whopping 1,273sqm (approx) is an example of quintessential Australian architecture from the mid-twentieth century, and it's been perfectly preserved! Offering its next owners an enticing opportunity to either revive and add a modern twist, subdivide, or start again with multiple dwellings to make the most of the panoramic scenes (STCA).
With handmade bricks and walls of glass facing the bay, this phenomenal residence is a true entertainer yet exudes all the heart-warming allure of a large-scale family home. Excellent retro detailing and greenery are embraced at every opportunity, with floor-to-ceiling angled glazing and sliding doors from every principal room leading to garden areas and decked balconies.
With features such as an in-ground pool, established gardens, wood-fired heater, updated kitchen with Smeg appliances, wine cellar and a powered workshop. There are so many timeless features of this home that will enable you to capitalise on the existing architecture. There is also a freestanding triple garage with separate side-street access that showcases the exceptional potential for future subdivision (STCA).
This truly marvellous piece of architecture is just steps from parks, Monash Uni, trains and Heatherhill Rd shops, and moments from Frankston's award-winning beach, freeway access and excellent schools (including being Zoned for Frankston High School). Don't miss your chance to secure this landmark opportunity!
Did you know you can DOWNLOAD THE SECTION 32 and MAKE AN OFFER via the ASH MARTON WEBSITE - ashmarton.com.au
Listing description written by Ash Marton, Ash Marton Realty — reproduced as published, not verified by Districts.