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 › Frankston Flinders Rd
$801,500
Last sold
19 Aug 2020
4
Bedrooms
2
Bathrooms
2
Car spaces
671 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
$801,500
19 Aug 2020 · derived via latest_sale
Local land rate: recorded House sales in Frankston South (last 5 years) with land size have a median of $1,372/m² of land (n=47). 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
-28.8%
Median sale
Suburb $1,126,000
+1.17 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 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 $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.
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 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 Ash Marton Realty** Available now, please contact the agent to arrange a private inspection **
Positioned off the service lane (primarily local traffic only), this sensationally renovated home home exudes contemporary style and is idyllically positioned within the Derinya Primary School Zone.
Offering:
* A generous, versatile allotment of 671M2 with dual cross over
* Secure frontage complete with an automatic security gate
* The contemporary kitchen acts as the hub of the home and boasts stone bench tops, 750mm gas cooktop, 600mm electric oven, dishwasher, ample cupboard and bench space, breakfast bar and a vantage to the yard / outdoor entertainment domain
*The main lounge is light filled and extends from the open plan kitchen and dining space. Parents will be thrilled that much of the open plan kitchen and living arrangement offers a clear vantage to the yard space
* A secondary, formal lounge offers an ambient wood burning fireplace and further contributes to the versatility and functional appeal of the floor-plan
* A covered outdoor entertainment area wraps the main living / kitchen area's and is the ideal space to entertain
* The oversized master suite is positioned to the front of the home, away from the remaining bedrooms and offers a walk in robe as well as a full, updated ensuite
* Three additional bedrooms are positioned to the rear of the home
* An updated, central family bathroom services these bedrooms
Additional features include:
* Dual cross-over at the entrance to the property
* Security gate
* Double garage as well as additional off street parking
* Vaulted ceilings throughout a portion of the home
* Neat and low maintenance lawns and gardens
* Well presented and well maintained
* Fully fenced
Located:
* Within the Derinya Primary School Zone and near to Mount Erin Secondary College
* Within approximately 4KM of the award winning Frankston beach
* Within approximately 4KM of the Frankston train station
* Near to public transport infrastructure
* Within approximately 4KM of the world class Peninsula Aquatic and Recreation Centre
* Within approximately 4KM of the Frankston Chisolm Tafe
* Within approximately 4KM of the Frankston CBD
* Close proximity to local parklands as well as recreation facilities
Whether you live locally or commute to Melbourne via the nearby Peninsula Link, this home offers a lifestyle of convenience and comfort. Invest in confidence and bank on the returns of LAND, LIFESTYLE and the best LOCATION.
Frankston South and Frankston City is one of Melbourne’s fastest growing and most desirable locations for many reasons. An affluent demographic of prospective purchasers are seeing enormous value in the lifestyle elements this great city offers! This is a great opportunity to enjoy Frankston South's:
* Award Winning Beaches
* World Class Sporting and Recreational Amenities
* Multitude of Restaurants, Cafes and Entertainment Options
* Ever-Expanding Collection of Shopping Outlets
* Proximity to Melbourne as well as the Mornington Peninsula
* Exemplary schools
Did you know you can DOWNLOAD THE SECTION 32 and MAKE AN OFFER via the ASH MARTON WEBSITE - ashmarton.com.au
*COVID-19 IMPORTANT UPDATE:
Your health and safety is a priority. Therefore, during this time we can facilitate virtual inspections (via virtual walk through technology) or a private inspection for approved candidates. please contact the agent directly to discuss these options.*
Listing description written by Leon Zuidema, Ash Marton Realty — reproduced as published, not verified by Districts.