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 › Highland Dr
$980,000
Last sold
13 Nov 2019
5
Bedrooms
2
Bathrooms
2
Car spaces
866 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
$980,000
13 Nov 2019 · 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
-13.0%
Median sale
Suburb $1,126,000
+0.43 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 Realty24 Highland Drive, Frankston South is idyllically positioned on a generous allotment of 866 (approx.) within the prestigious and highly coveted 'Lorikeet Ridge' estate.
** Please contact Leon before attending the open for inspection **
This enormous 37SQ (approx, under roofline) versatile home delivers on an alluring family oriented lifestyle of quality, security and comfort. The home has been thoughtfully designed and freshly modernised to maximise open plan living and an appealing flow from one zone to another.
Highland Drive and the surrounding area is renowned for being a secure, family orientated and highly sought after location. The astute purchaser will benefit from residing near to a multitude of local parks and recreation facilities, within walking distance of public transport infrastructure as well as near to the developing Frankston CBD and the award-winning Frankston foreshore precinct.
* Four internal living domains including an open plan kitchen, dining and living space as well as a secondary formal dining and lounge area, designated rumpus room as well as an upstairs landing / retreat.
* Five bedrooms (Four and an oversized study that offers the option to be converted to a bedroom) are all generously proportioned
* A freshly renovated kitchen offers stone bench tops, 900mm gas cooktop, electric oven, dishwasher, ample cupboard and bench space as well as a large breakfast bar.
* The open plan kitchen, dining and rumpus / living space enjoy a clear vantage to the outdoor entertainment domain, rear yard and pool area. Parents will be especially thrilled with the ability to maintain a watchful eye over the backyard and outdoor areas from the main internal living domain.
* The 8X4M salt chlorinated pool is easy to maintain, solar heated, fully fenced and in great condition.
* A covered outdoor entertainment alfresco extends from the rear of the home and overlooks the sparkling in ground pool and rear yard.
* A large 9X6M shed on a concrete slab is positioned to the rear of the block and is accessible via rear access from the double garage.
* The master suite is is comprised of a large walk in robe as well as a generous ensuite complete with a shower, toilet and double vanity.
* Three additional upstairs bedrooms are all enormous and fitted with built in robes. These bedrooms are serviced by a central family bathroom and separate powder room.
* The central family bathroom is functionally arranged and offers a shower, separate bathtub and single vanity.
* There is a separate toilet upstairs as well as a downstairs powder room adding to the functional appeal of the home.
* Separate laundry with additional storage space
Positioned in close proximity to the Frankston CBD as well as exclusive and reputable schools and in a proud and secure estate, your family will be thrilled with the lifestyle on offer.
Additional features include:
* 5KW, 20 Panel Solar system greatly reduces the electricity bills
* Evaporative cooling and a brand new zoned gas ducted heating system
* Salt chlorinated, solar heated in ground pool
* Double lock up garage with an automatic door
* New carpet throughout
* Established, low maintenance gardens
* Private and secure yard
* Immaculate presentation
* Functional design and floor plan
* Amazing indoor to outdoor living flow
* Absolute privacy
* Ample storage throughout
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
We can't wait to see you at the open for inspection!
Listing description written by Leon Zuidema, Ash Marton Realty — reproduced as published, not verified by Districts.