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VIC › Truganina › Frank Ave

27 Frank Ave, Truganina VIC 3029

For saleHouse for Sale

$599,000–$629,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

1

Car spaces

245 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $599,000–$629,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $599,000–$629,000(Listing record · 29 Aug 2026)
  • CalculationLand 245 m² against a 19 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationAsk is 13% below the Truganina median recorded sale ($690,000, n=45, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Truganina's advertised median rent ($511/wk), implied gross yield would be 4.44% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$599,000–$629,000

Asking range · $2,445/m² of land

No recorded sale for this property.

Truganina at a glance

53,467

People

$690,000

Median sale

$511/wk

Median rent

3.85%

Suburb gross yield

Median sale from 45 recorded sales (last 12 months) — a Districts calculation.

See the full Truganina report →

Vs Truganina

-13.2%

Median sale

Suburb $690,000

+0.59 pp

Gross yield

Suburb 3.85%

Suburb median $690,000 from 45 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$599,000
Stamp Duty (Victoria)
$31,010
Transfer/Registration Fee
$1,506
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
$635,216

$36,216 on top of the price (6.0% 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

Based on the low end of the asking range, not a contract price.

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

Net yield
2.94%
Annual cashflow (pre-tax)
$-13,561
Interest cover (DSCR)
0.56
Annual rent
$26,572
Operating expenses
$8,985
Loan amount
$479,200
Annual interest
$31,148
Gross yield
4.44%

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$599,000–$629,000available29 Aug 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 $511/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 4.4%. 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

Truganina in one glance

Truganina at a glance

53,467

People

$690,000

Median sale

$511/wk

Median rent

3.85%

Suburb gross yield

Median sale from 45 recorded sales (last 12 months) — a Districts calculation.

See the full Truganina report →

Keep researching

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

Listing material

Listed by Pink and Blue Real Estate

Peaceful Living. Smart Investing - 27 FRANK AVENUE, TRUGANINA

Proudly presented by Pink & Blue Real Estate – the No.1 Real Estate Agency in Rockbank, this beautifully appointed residence delivers the perfect combination of modern luxury, thoughtful design, and everyday functionality.

Step into a beautifully presented four-bedroom home that combines modern comfort, thoughtful design and low-maintenance living. From the moment you arrive, the property creates a welcoming first impression with front landscaping, stylish wooden fencing, feature pillar lighting, a painted driveway and a set-square design, adding to its modern street appeal.

Positioned on a 245m² (approx.) allotment with a 19-square (approx.) build, this residence offers a well-considered floorplan designed for comfortable family living.

Read the full description

Inside, the home showcases quality wooden flooring throughout, complemented by downlights throughout the property, creating a warm and contemporary atmosphere.

At the heart of the home is the stylish kitchen, featuring wooden cabinetry, ample storage, a rangehood and a feature kitchen ceiling with elegant pendant lighting. The adjoining living area provides a generous space for everyday relaxation, with enough room to accommodate an additional dining setting for family meals and entertaining.

Accommodation comprises four spacious bedrooms, all fitted with built-in robes. The master bedroom provides a private retreat complete with a dedicated ensuite featuring a double vanity and bathtub.

Designed for year-round comfort, the home is equipped with ducted heating and evaporative cooling throughout, ensuring a comfortable living environment in every season.

Outside, the low-maintenance backyard provides an easy-care space for relaxing and entertaining, along with a dedicated clothes-drying area. A rainwater tank provides an environmentally conscious solution for rainwater harvesting, while fencing on two sides adds practicality and privacy.

Property Features

245m² (approx.) land size

Four spacious bedrooms with built-in robes

Master bedroom with private ensuite

Ensuite with double vanity and bathtub

Secure car garage

Modern kitchen with wooden cabinetry

Kitchen rangehood

Feature kitchen ceiling with pendant lighting

Downlights throughout

Quality wooden flooring throughout

Ducted heating and Evaporative cooling

Spacious living area with additional dining space

Painted driveway

Feature pillar lighting

Landscaped front yard with decorative stonework

Stylish wooden fencing

Low-maintenance backyard

Dedicated clothes-drying area

Rainwater tank for rainwater harvesting

Fencing on two sides

Ideally positioned within close proximity to:

• Future Rockbank East Active Open Space

• Wattle Planet Learning Centre

• Proposed private school and sports oval

• Future Rockbank Shopping Centre

• Nearby creek and parklands

• Rockbank Railway Station

• Bacchus Marsh Grammar

This location offers the perfect balance of peaceful family living, everyday convenience and strong future growth potential.

Contact Pink & Blue Real Estate today to arrange your private inspection!

🔗 Learn more about the area:

https://www.bridgefieldliving.com.au/

Photo ID required for all inspections.

🔗 Due Diligence Checklist:

http://www.consumer.vic.gov.au/duediligencechecklist

DISCLAIMER

All dimensions and property details provided are approximate. Images, particulars, and other information are for general guidance only and should not be relied upon as a true representation by the vendor or agent. Some images (e.g., grass in front and backyard) may be digitally enhanced for presentation purposes. Buyers are encouraged to conduct their own due diligence, visit the property, and verify all details before making a decision.

Listing description written by Neeru Vimal, Pink and Blue Real Estate — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • 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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