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 › Jasper Tce
$800,000
Last sold
29 Sept 2021
3
Bedrooms
1
Bathrooms
3
Car spaces
648 m²
Land
Districts View
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
$800,000
29 Sept 2021 · derived via latest_sale
Local land rate: recorded House sales in Frankston South (last 5 years) with land size have a median of $1,373/m² of land (n=46). 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
-29.0%
Median sale
Suburb $1,126,000
+1.18 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 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 647 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. Official parcel about 647 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 6; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 4; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 6; SPECIFIC CONTROLS OVERLAY - PS MAP REF SCO9. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. 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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE · R1Z (ZN). Official parcel area about 647 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?
KnownlowOfficial parcel about 647 m² — land size can look like optionality. What reduces it: DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 6; ENVIRONMENTAL SIGNIFICANCE OVERLAY - SCHEDULE 4; SIGNIFICANT LANDSCAPE OVERLAY - SCHEDULE 6; SPECIFIC CONTROLS OVERLAY - PS MAP REF SCO9. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
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 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 Crowder Community Real EstateINSPECTIONS BY PRIVATE APPOINTMENT ONLY, PLEASE CONTACT AGENT FOR DETAILS
COVID Restrictions apply; QR CODE and masks mandatory.
First time offered in approx. 37 years this truly rustic 3 bedroom family home with large living area, separate dining room, kitchen with meals area, family bathroom, separate laundry and large rear balcony is certain to appeal to the handyman, building enthusiast, tradie, renovator or developer. Ample undercover secure parking for 3 cars and or a camper, trade trailer or small boat. Large under house workshop with lathe, metal band saw, MIG welder and other tools. Quiet air conditioned dedicated music room or retreat with storage. Situated on a 648sqm (approx.) treed allotment this property will provide lots of opportunity to use our imagination and recreate a lovely family home in a highly sought after location.
800m walk to Frankston beach with all it has to offer - 2 boat ramps, one sheltered, a sailing club, Life Saving Club and the Frankston VFL Football ground. Also in close proximity to :-
• Frankston High School Zone
• Monash University campus
• Frankston Hospital and related pathology
• Frankston station, Bayside shopping centre, Arts Centre and Aquatic Centre
• All the above within approximately a 1km radius
The location provides easy access to Eastlink and Peninsula Link, only 45mins to the city.
Located in the gateway to the Mornington Peninsula you are not far from the peninsula's attractions including surf beaches, cafes, wineries etc.
Great friendly neighbourhood, ideal for the growing family.
TO VIEW BUYER DUE DILIGENCE CHECKLIST VIEW
http://consumer.vic.gov.au/duediligencechecklist
Listing description written by James Crowder, Crowder Community Real Estate — reproduced as published, not verified by Districts.