Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Allansford › Frank St

22 Frank St, Allansford VIC 3277

For saleHouse for Sale

$865,000

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

1,013 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $865,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $865,000(Listing record · 11 Apr 2026)
  • FactLand 1,013 m²; no building size recorded.(Property record)
  • CalculationAsk is 65% above the Allansford median recorded sale ($525,000, n=7, last 24 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Allansford's advertised median rent ($268/wk), implied gross yield would be 1.61% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$865,000

Asking · $854/m² of land

No recorded sale for this property.

Allansford at a glance

1,548

People

$525,000

Median sale

$268/wk

Median rent

2.65%

Suburb gross yield

Median sale from 7 recorded sales (last 24 months) — a Districts calculation.

See the full Allansford report →

Vs Allansford

+64.8%

Median sale

Suburb $525,000

-1.04 pp

Gross yield

Suburb 2.65%

Suburb median $525,000 from 7 recorded sales (last 24 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$865,000
Stamp Duty (Victoria)
$46,970
Transfer/Registration Fee
$2,128
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$917,798

$52,798 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with Allansford's advertised median rent — not a rent for this listing.

Net yield
0.11%
Annual cashflow (pre-tax)
$-44,019
Interest cover (DSCR)
0.02
Annual rent
$13,936
Operating expenses
$12,975
Loan amount
$692,000
Annual interest
$44,980
Gross yield
1.61%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

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. Listed$865,000available11 Apr 2026

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 $268/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

Gross yield if leased at the suburb aggregate is 1.6%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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

Allansford in one glance

Allansford at a glance

1,548

People

$525,000

Median sale

$268/wk

Median rent

2.65%

Suburb gross yield

Median sale from 7 recorded sales (last 24 months) — a Districts calculation.

See the full Allansford report →

Keep researching

  • Why Allansford? Read the area thesis →
  • What else is on the market in Allansford →
  • Other records on Frank St →

Listing material

Listed by Gleeson Real Estate

Sophisticated Family Sanctuary

Set on a substantial 1,013m² lot, 22 Frank Street is anything but ordinary. This is a home with soul and a warmth that’s felt the moment you walk through the door. This home has been carefully renovated to balance bold design with genuine liveability.

With an understated frontage from the passer-by, the home has intentionally been designed to open up your world once you walk through the front door and arrive home to your private sanctuary. Polished concrete floors immediately set the tone, running through the main living zones with a confident, modern aesthetic. It’s a statement, but one that’s incredibly practical for busy family life. That edge is softened in all the right places, with ocean colour tones, a gas log fire with relaxed seating spaces, plantation shutters in the dining area, large windows looking on the private yard, and a secondary living area that invites you to slow down and unwind.

The heart of the home is designed for connection and entertainment. A striking, sizeable island-bench anchors the kitchen; long, functional, and made for everything from rushed school mornings to late-night conversations with friends. Double ovens make entertaining effortless, while the butler’s pantry goes beyond expectation, complete with its own sink, dishwasher and tiled splashback. A true working extension of the kitchen that keeps the main space clean, open and social.

Read the full description

The dining zone brings its own personality, featuring a dedicated bar with sink, that elevates the entire space and creates a wordly ‘wine-bar’ feel – whether it be pre-dinner drinks, catch up with friends, or date-night after the kids are tucked away. In the main living area, a gas log fireplace creates an unmistakable sense of comfort. It’s the kind of space you naturally gravitate toward, warm, relaxed, and designed to be lived in.

The accommodation is equally considered. Four bedrooms offer space for the whole family, two with ceiling fans that add a refined, cohesive touch. The master suite provides a quiet escape with its own stylish ensuite and two separate walk-in-robes, while the main bathroom has been elevated with thoughtful, high-end detail; rain shower, floating cabinetry, and bespoke tiling that adds texture and individuality.

A separate second living area gives families the flexibility they need, whether it’s a kids’ zone, a media room, or simply somewhere to spread out.

Then there’s the transition outdoors, and this is where the property becomes something truly special.

Framed by lush, established trees and fruit trees that provide fruit in-season, the alfresco and backyard feel like a hidden retreat. Private, green, and incredibly peaceful, it’s a space that feels worlds away and where kids can roam freely, where weekends are spent outside, and where the pace of life slows down. The firepit is an added sanctuary for your family to connect with each other, and disconnect from the demands, while enjoying starry nights or weekends outdoors.

Comfort hasn’t been overlooked, with split system heating and cooling, gas ducted heating, and the ambience of an indoor gas fireplace, the home delivers year-round climate control with ease.

Functionality continues outside, where a double garage with drive-through rear roller door access adds another practical layer — ideal for trailers, additional vehicles or backyard access.

Located 200m from a reputable Allansford Primary School and 10 minutes to Warrnambool CBD, in the family-friendly semi-rural community of Allansford, this is a home that stands apart, not just for what it offers, but for how it feels and what it will bring to your life.

Bold yet welcoming. Stylish yet grounded. Designed to impress, but even better to live in.

22 Frank Street is a home with personality — and one that’s ready for its next chapter.

Listing description written by Jeremy Gleeson, Gleeson Real Estate — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Gas Heating
  • Living Areas: 2
  • Outdoor Entertaining
  • Pay TV
  • Remote Garage
  • Secure Parking
  • Toilets: 3
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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