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.
$2,720,000
Last sold
18 Apr 2023
5
Bedrooms
2
Bathrooms
2
Car spaces
721 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
$2,720,000
18 Apr 2023 · derived via latest_sale
Local land rate: recorded House sales in Frankston (last 5 years) with land size have a median of $1,248/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.
Vs Frankston
+184.8%
Median sale
Suburb $955,000
-1.80 pp
Gross yield
Suburb 2.78%
Suburb median $955,000 from 10 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 $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 RealtyOliver's Hill has a new pinnacle of luxury perfection with this exceptional modern masterpiece. With captivating views stretching over the bay to the Melbourne city skyline, zoning for Frankston High School, and dual access with room for the boat and caravan, this incredible 5-bedroom, 2-bathroom residence is remarkable in every way.
Bathed in glorious northern light and showcasing brilliant scale due to soaring double-height entrance void and high ceilings, this incredible home flawlessly fuses resort-style living and intimate family spaces over two lift-connected levels. The result is exquisite – with sunshine dancing upon the Victorian Ash floors and stone finishes leading out to soothing Palm Springs-inspired gardens and a custom designed, fully-tiled heat-pump pool.
With a choice of three sophisticated living areas indoors, a chef's kitchen with an induction range cooker and butler's pantry and two enviable alfresco areas (one with panoramic bay-to-city views and the lower with a fenced spa deck), you'll be able to host extravagant soirees all in a supremely contemporary setting.
This home, which epitomises unrivalled excellence in construction and design on a 721 sqm (approx) block, also offers five oversized bedrooms, including a guest suite with external access and a kitchenette/wet bar. The sumptuous master suite is a sanctuary to relish, with water views, a deluxe dressing room and an ensuite with floor-to-ceiling tiling, whilst a Jack & Jill ensuite with guest entrance caters to three ground-floor bedrooms.
An auto double garage with plenty of additional room offers easy flat access into the home, while an enclosed glass cellar with custom lighting and storage gives reason to linger. Exceptionally appointed, it includes an alarm and CCTV, theatre with surround sound, steeped seating platforms, projector and screen, double glazing, two powder rooms, laundry with shoot and drying cupboard, auto gates front and back, and an underdeck water tank.
OFFERS CLOSE:
22nd March 2023
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.