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 › Bartlett St
$1,305,000
Last sold
10 Nov 2021
3
Bedrooms
3
Bathrooms
1
Car spaces
1,518 m²
Land
26 m²
Building
Districts View
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
$1,305,000
10 Nov 2021 · derived via latest_sale
Local land rate: recorded House sales in Frankston South (last 5 years) with land size have a median of $1,373/m² of land (n=46). 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
+15.9%
Median sale
Suburb $1,126,000
-0.40 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 Nicholas LynchBe captivated by the timeless charm of this picture-perfect home, set on a rarely found parkland-size 1517 sqm (approx.) block. An impressive conifer-lined driveway leads to the 2-storey solid-cedar house, with wide verandahs and beamed ceilings. The central family living/dining area features an open loft retreat, accessed by a spiral staircase. The light-filled formal lounge, is warmed by an open fire, and stairs lead to one of two 'master bedroom suites' this one with pretty dormer windows with plantation shutters. The timber country-style kitchen looks out to the backyard which includes a fenced off pet-friendly area, and lawn complete with Hills Hoist and space for backyard cricket, or perhaps a swimming pool. Includes gas ducted heating, split system, 5000 litre water tank, single garage, plus storage/studio. Privately located in a quiet, residential street, it is in walking distance to local shops, and schools and close to Frankston CBD, train station and beach.
* Character, solid cedar, 2-storey weatherboard home
* Large 1517sqm (approx.) block, more than ¼ acre
* Park-like grounds & gorgeous established gardens
* Single lock-up garage/storage & studio & OSP
* 3 bedrooms (2 master suites) and 3 bathrooms
* Huge backyard & fully-fenced pet-friendly area
* Features high beamed ceilings, attic windows
* Cosy OFP plus ducted heating & split system
* Open plan family living/meals & loft retreat
* Country style timber kitchen overlooking yard
* 5000 litre water tank for the garden
* Privately set in a quiet, residential street
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Nicholas Lynch Real Estate is committed to protecting the health and welfare of staff, vendors, buyers, landlords, tenants, and anyone who lives in or attends the properties that we manage, in the face of the COVID-19 virus.
Please click the following link to view the Conditions of Entry: http://nicholaslynch.net/covid/COE.pdf
Please complete the following form prior to attending a property inspection: https://declaration.nicholaslynch.com.au/
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Photo I.D. required at all Inspections.
Listing description written by Bailey White, Nicholas Lynch — reproduced as published, not verified by Districts.