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VIC › Frankston South › Neil St

29 Neil St, Frankston South VIC 3199

House

$980,000

Last sold

2 Nov 2019

4

Bedrooms

2

Bathrooms

2

Car spaces

1,026 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $980,000 (2 Nov 2019).(Recorded sale)
  • FactLand 1,026 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Frankston South (last 5 years) with land size: median $1,372/m² of land (n=47). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$980,000

2 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.

See the full Frankston South report →

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 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. Sold$980,0002 Nov 2019
  2. Listedprice unknowncompleted7 Oct 2019

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 $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.

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

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

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

Frankston South in one glance

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.

See the full Frankston South report →

Keep researching

  • Why Frankston South? Read the area thesis →
  • What else is on the market in Frankston South →
  • Other records on Neil St →

Listing material

Listed by Ash Marton Realty

All Kinds of Wonderful

Located in the desired F.H.S.Z, on a large 1,026sqm corner allotment, stands this picturesque 1960’s four bedroom, two bathroom and family orientated home. Awaiting to inspire a growing family, a savvy purchaser will enjoy owning a home within the Frankston High School Zone, whilst taking advantage of being within walking distance to the award-winning foreshore precinct as well as Sweet Water Creek Nature Reserve.

An inspection will leave you impressed with:

- A private entry hall greets you warmly and opens to a large formal lounge, complete with ambient fireplace and offers access to a covered decked area

Read the full description

- A functional, light filled kitchen is the hub of the home, offering ample cupboard space, central benchtop, wall oven and overlooks an informal living and dining zone with further access to a covered decked area.

- The master bedroom is positioned towards the front of the home, away from the remaining bedrooms and offers privacy with full ensuite and built in robes

- A renovated family bathroom offering impressive free standing bath, double vanities and services the remaining three bedrooms

- Laundry with excellent folding bench

- Double carport with electric roller door that could easily be converted into a double garage

- A paved patio overlooks a tranquil front yard shaded by stunning Liquid Amber trees.

- An excellent rear yard with room for a pool and bordered by established gardens creates a private and peaceful setting.

- Workshop/garage is accessible via side street and offers extra vehicle access for boat, caravan or trailer

Other features include: high ceilings, polished floorboards, parquetry flooring (under carpet), down lights throughout, gas heating and air conditioning

Surrounded by elite homes, 5 minutes’ walk to Sweet Water Creek Reserve and the beach, a second story would offer beautiful views across Oliver's Hill and to the bay.

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 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

Listing description written by Josh Wells, Ash Marton Realty — reproduced as published, not verified by Districts.

Also look at

Also for sale in Frankston South

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  • 7 Innichen Cl, Frankston South VIC 3199

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  • 5 Polly Kelly Pl, Frankston South VIC 3199

    4-bed house. Asking $1.15M–$1.25M.

    For sale
  • 13 The Concourse, Frankston South VIC 3199

    5-bed house for sale. Currently listed.

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Districts

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

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