Frankston at a glance
39,074
People
$955,000
Median sale
$510/wk
Median rent
2.78%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
VIC › Frankston › Douglas Grove
$1,773,000
For sale
Asking
0
Bedrooms
0
Bathrooms
0
Car spaces
1,747 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
Asking
$1,773,000
Asking · $1,015/m² of land
No recorded sale for this property.
Frankston at a glance
39,074
People
$955,000
Median sale
$510/wk
Median rent
2.78%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Vs Frankston
+85.7%
Median sale
Suburb $955,000
-1.28 pp
Gross yield
Suburb 2.78%
Suburb median $955,000 from 10 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$104,829 on top of the price (5.9% extra)
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.
Pre-filled with Frankston's advertised median rent — not a rent for this listing.
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.
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 $510/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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.
Gross yield if leased at the suburb aggregate is 1.5%. 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
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 at a glance
39,074
People
$955,000
Median sale
$510/wk
Median rent
2.78%
Suburb gross yield
Median sale from 10 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Coast & Country Estate AgentsA rare and significant offering in one of Melbourne's most exciting coastal growth corridors, this substantial landholding of approximately 1747m² presents an exceptional opportunity to secure a premium development site with outstanding future potential (STCA).
Recently rezoned to Residential Growth Zone 1 (RGZ1), the property provides the flexibility and scale sought by developers looking to deliver a landmark residential project. Whether your vision includes luxury townhouses, boutique apartments, or a multi-level residential development, the possibilities are extensive (STCA).
Perfectly positioned just moments from the pristine shoreline of Port Phillip Bay, the site enjoys unparalleled access to lifestyle amenities, transport, and essential services. Residents will appreciate being less than
1 kilometre from Frankston Station, Frankston CBD, major shopping destinations, entertainment venues, cafés, restaurants, and the vibrant waterfront precinct.
As Frankston continues its transformation into one of Victoria's premier coastal cities, opportunities of this size, zoning, and location are becoming increasingly scarce. With the potential for developments of up to six storeys (STCA), this site offers developers the chance to capitalise on strong population growth, increasing housing demand, and ongoing investment throughout the region.
Property Highlights
• Approx. 1747m² of prime development land
• Residential Growth Zone 1 (RGZ1)
• Potential for multi-level residential development up to six storeys (STCA)
• Ideal for apartments, townhouses, or mixed residential outcomes (STCA)
• Less than 1km to Frankston Station and Frankston CBD
• Moments from Port Phillip Bay and Frankston's renowned beachfront
• Close to major retail, dining, healthcare, education, and recreational amenities
• Positioned within a thriving growth corridor with significant future upside
• Rare opportunity to create a landmark residential development in a tightly held location
An Opportunity Not To Be Missed
Development sites of this scale, zoning flexibility, and strategic location are rarely offered to the market.
Secure your place in Frankston's exciting future and unlock the full potential of this exceptional coastal development opportunity.
* Additional Adjoining land at 8-10 Bragge Street Frankston of 2856m2 also available for sale.
* Please note separate price available for 8-10 Bragge Street Frankston - Contact Agent
Total premium land available for sale = 4603m2
Contact our team today to arrange a confidential discussion and request further information. (GST Applicable)
Disclaimer: The information contained in this advertisement has been prepared in good faith and is believed to be accurate at the date of publication. However, neither the vendor nor the selling agent makes any representation or warranty, express or implied, as to the accuracy, completeness or currency of the information provided.
Any references to development potential, proposed uses, zoning, planning controls, dimensions, services, boundaries, overlays, infrastructure, or future opportunities are indicative only and are subject to the requirements and approvals of the relevant authorities, including the responsible planning authority. Prospective purchasers must rely on their own enquiries and independent investigations, including obtaining legal, financial, planning, engineering and other professional advice, to satisfy themselves as to the suitability of the property for their intended use or development.
All measurements, plans, images, boundaries and particulars are approximate and subject to change without notice. This advertisement does not constitute an offer or contract and is subject to prior sale, withdrawal from the market or change without notice.
Listing description written by Peter Dodd, Coast & Country Estate Agents — reproduced as published, not verified by Districts.