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VIC › Frankston › Parkview Dr

4 Parkview Dr, Frankston VIC 3199

House

$705,000

Last sold

19 Aug 2024

3

Bedrooms

1

Bathrooms

2

Car spaces

565 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 $705,000 (19 Aug 2024).(Recorded sale)
  • FactLand 565 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Frankston (last 5 years) with land size: median $1,250/m² of land (n=53). 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

$705,000

19 Aug 2024 · derived via latest_sale

Local land rate: recorded House sales in Frankston (last 5 years) with land size have a median of $1,250/m² of land (n=53). Districts calculation from recorded sales — not a valuation.

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.

See the full Frankston report →

Vs Frankston

-26.2%

Median sale

Suburb $955,000

+0.98 pp

Gross yield

Suburb 2.78%

Suburb median $955,000 from 10 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$705,00019 Aug 2024
  2. Listedprice unknowncompleted6 Aug 2024

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 $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.

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 in one glance

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.

See the full Frankston report →

Keep researching

  • Why Frankston? Read the area thesis →
  • What else is on the market in Frankston →
  • Other records on Parkview Dr →

Listing material

Listed by Ash Marton Realty

SALE BY FIXED DATE - OFFERS CLOSE: 17/08/2024 @ 4PM

Stylish & Spacious Retreat in the Heart of Frankston

Step into this beautifully updated residence, where modern luxury meets timeless elegance in the serene Marylands Estate. Perfect for homebuyers, families, and investors, this stunning home offers an inviting atmosphere and stylish design.

Polished hardwood floors gleam under natural light from expansive windows, creating an open layout that flows seamlessly from room to room. The three generously sized bedrooms offer tranquillity and rest, while the central bathroom is a sanctuary, featuring a double vanity with twin arch mirrors, a walk-in shower, and a spa bath, perfect for unwinding after a long day.

Read the full description

The heart of the home is the modernised kitchen, a culinary delight for aspiring chefs and seasoned cooks alike. It features a brand-new oven, an inbuilt air fryer, and a gas cooktop for precision cooking. Sleek countertops and contemporary cabinetry blend style with functionality, creating a space where cooking and entertaining become seamless experiences. While overlooking the family and meals area, a cosy wood-burning stove adds charm and warmth for gatherings.

Step outside to an enchanting backyard oasis, where timber decking leads to a sheltered alfresco area ideal for dining all year round. The landscaped gardens provide a picturesque backdrop for entertaining or simply enjoying nature's tranquillity. Whether hosting a barbecue or a peaceful evening of stargazing, this outdoor space will surely become a favourite retreat.

Practicality meets luxury with a European laundry, a brand-new driveway with secure gated access, and generous parking options, including a spacious 9-metre-long garage that could double as a workshop, catering to those who value storage, convenience and flexibility.

Located near Ballam Park and a 10-minute drive from Frankston Beach, this home offers endless opportunities for adventure. Enjoy the Peninsula Link Trail, cycling routes, and stunning views from Bunarong Park Lookout. The revamped Karingal Hub offers diverse dining and entertainment options. Excellent public transport provides easy access to Frankston Station, TAFE, Monash University, and Frankston Hospital, with quick access to Melbourne CBD via the Frankston Freeway and the Mornington Peninsula via Peninsula Link.

Proximity to schools, parks, and playgrounds creates a nurturing environment for families. Nearby attractions like Cruden Farm, McClelland Gallery and Sculpture Park, and the Langwarrin Flora and Fauna Reserve offer recreational and cultural activities.

This home is more than just a place to live; it's a canvas for creating cherished memories and embracing a lifestyle of comfort and convenience. Whether you're seeking a family haven, a downsizing opportunity, or a smart investment, this property offers endless possibilities and exceptional living for all.

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

Property features

  • Built-in Robes
  • Deck
  • Ducted Heating
  • Floorboards
  • Gas Heating
  • Indoor Spa
  • Living Areas: 2
  • Secure Parking
  • Study
  • Toilets: 1
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.