Frankston North at a glance
5,844
People
$720,000
Median sale
$509/wk
Median rent
3.68%
Suburb gross yield
Median sale from 84 recorded sales (last 12 months) — a Districts calculation.
VIC › Frankston North › Mulberry Cres
$725,000
Last sold
15 Mar 2025
3
Bedrooms
2
Bathrooms
3
Car spaces
544 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
$725,000
15 Mar 2025 · derived via latest_sale
Local land rate: recorded House sales in Frankston North (last 5 years) with land size have a median of $1,117/m² of land (n=118). Districts calculation from recorded sales — not a valuation.
Frankston North at a glance
5,844
People
$720,000
Median sale
$509/wk
Median rent
3.68%
Suburb gross yield
Median sale from 84 recorded sales (last 12 months) — a Districts calculation.
Vs Frankston North
+0.7%
Median sale
Suburb $720,000
-0.03 pp
Gross yield
Suburb 3.68%
Suburb median $720,000 from 84 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 $509/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 North at a glance
5,844
People
$720,000
Median sale
$509/wk
Median rent
3.68%
Suburb gross yield
Median sale from 84 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by OBrien Real Estate FrankstonStep inside this attractive home which has been renovated professionally and offers many sought after features, including enviable indoor/outdoor spaces.
This three bedroom brick veneer home is in one of Frankston North's best and quietest streets and is ideally located close to schools, shops and transport.
Double-glazed windows throughout the home are an added bonus, especially those in the sunlit living room which overlooks picturesque parkland. The adjoining kitchen/meals area boasts a modern kitchen with freestanding bench, 900mm freestanding oven and a 5 burner gas cooktop, plus a dishwasher. From the kitchen you step onto expansive decking/undercover pergola which is ideal for outdoor entertaining and overlooks a well- established and a good- sized backyard.
The new double-glazed windows reduce heating and cooling costs and are designed to minimise outside noise. All bedrooms feature built-in robes, ceiling fans and there are two AC split systems throughout the home. Adjoining two of the bedrooms is a lovely fully tiled bathroom, complete with full size bath, and the main bedroom is serviced by a delightful and private ensuite. The family home also boasts an established fenced garden with easy care borders and a single garage.
Features include:
Stylish three--bedroom brick veneer home in sought after and quiet location
Enviable location opposite parkland
Garage
Split system heating and cooling
A bathroom and separate ensuite. Two toilets.
Sensational outdoor decking and pergola
Double glazed windows
BIR's
Peaceful, private street with plenty of off- street parking
Close to schools, shops, public transport
This wonderful home will not last – be quick to inspect!
Settlement terms - 30, 45 or 60 days
Listing description written by Mark Burke, OBrien Real Estate Frankston — reproduced as published, not verified by Districts.
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