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VIC › Frankston › Silas Ave

1A Silas Ave, Frankston VIC 3199

House

$765,000

Last sold

12 Dec 2023

3

Bedrooms

2

Bathrooms

4

Car spaces

547 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $765,000 (12 Dec 2023).(Recorded sale)
  • FactLand 547 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Frankston (last 5 years) with land size: median $1,248/m² of land (n=53). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$765,000

12 Dec 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.

See the full Frankston report →

Vs Frankston

-19.9%

Median sale

Suburb $955,000

+0.69 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$765,00012 Dec 2023
  2. Listedprice unknowncompleted24 Oct 2023
  3. Listedprice unknowncompleted24 Oct 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Frankston in one glance

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.

See the full Frankston report →

Keep researching

  • Why Frankston? Read the area thesis →
  • What else is on the market in Frankston →
  • Other records on Silas Ave →

Listing material

Listed by Ash Marton Realty

Vintage Charm & Modern Elegance in the FHSZ

**SALE BY FIXED DATE: OFFERS CLOSE 28/11/2023 @ 5PM (if not sold prior)**

Bursting with character and charm, step into a harmonious blend of 1960s design and modern aesthetics at this beautifully modernised weatherboard home. With a chic black and white palette, evident in the contemporary touches and pristine white walls, the home effortlessly marries past elegance with today's luxurious finishes.

The opulent master suite promises a serene retreat for relaxation. Boasting a roomy walk-in robe leading into a spacious ensuite with twin vanities, ideal for those busy morning routines. A generous study further enhances the master bedroom, providing a versatile space, whether you envision a tranquil reading nook, a room for yoga or pilates, or a dedicated home office, the potential is boundless.

Read the full description

Accompanying the master suite are two additional bedrooms, one with built-in robes, both sharing access to the refreshed main bathroom, awaiting your personal touch.

Venture further to discover the heart of the home, an open-plan kitchen, living, and dining area. The kitchen is flooded with natural light, with shining stainless steel appliances and abundant storage, while the living room showcases an original, ornate fireplace, a nod to its vintage roots yet the dining space surprises with a tucked-away study nook.

The bi-fold doors in both the living and dining rooms are gateways to the outdoors. They open up to a landscaped backyard where entertainment and relaxation coincide. Revel in the undercover entertainment area with in-ceiling speakers while keeping an eye on the kids climbing the monkey bars and playing in the charming cubby house (that conceals a surprise hidden below!).

Back inside the home, a European-style laundry is hidden away by the staircase that ascends to a loft, where you're greeted with a versatile haven. Perfect as a teenager's retreat, a play area for younger children, or a tranquil work-from-home space, it caters to the diverse needs of a modern family.

Ensuring year-round comfort, the home features four split systems spread over its two levels and ducted heating throughout the lower level. Polished hardwood floors further enhance the allure, bringing a touch of yesteryear with a contemporary twist.

Location is paramount, and this home shines brilliantly. Nestled within the Frankston High School zone and only moments away from the Frankston foreshore and the golden sand of the ever-popular Frankston Beach. Essentials such as Frankston Hospital, Monash University, Chisholm TAFE, PARC Recreation Facility and Frankston Freeway are all within easy reach. With the Bayside Shopping Centre and the Frankston Train Station within walking distance, the convenience cannot be overstated as you're situated right in the heart of it all.

Listing description written by Matt Comer, Ash Marton Realty — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Deck
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Gas Heating
  • Living Areas: 1
  • Rumpus Room
  • Secure Parking
  • Study
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.