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 › Wangarra Rd
$790,000–$859,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
3
Car spaces
648 m²
Land
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
Asking
$790,000–$859,000
Asking range · $1,219/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
-17.3%
Median sale
Suburb $955,000
+0.58 pp
Gross yield
Suburb 2.78%
Suburb median $955,000 from 10 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$48,123 on top of the price (6.1% 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.
Based on the low end of the asking range, not a contract price.
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.
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 3.4%. 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
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
UnknownArea
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 OBrien Real Estate FrankstonPerfectly positioned in one of Frankston’s most sought-after and convenient pockets, this beautifully renovated residence delivers effortless family living, sophisticated modern style and an exceptional environment for entertaining. Elevated amongst leafy surrounds, the home captures cooling bay breezes and spectacular sunsets through the treetops, creating an idyllic setting for relaxed evenings at home and memorable gatherings with family and friends.
Designed with flexibility in mind, the thoughtfully considered floorplan adapts beautifully to the demands of modern family life. Two generous living zones provide the option of a spacious three-bedroom home with multiple living areas or a four-bedroom configuration, while a dedicated study nook offers a practical space for working from home or studying. With generous proportions and multiple spaces to spread out, there is plenty of room for both intimate family living and larger gatherings.
At the heart of the home, the expansive renovated kitchen is made for entertaining. Featuring a De’Longhi oven and cooktop, abundant storage, quality finishes and a fully appointed butler’s pantry, it provides the perfect space to prepare everything from relaxed family meals to dinner parties with friends. The kitchen flows effortlessly through the dining area and into the alfresco entertaining zone, creating an inviting connection between the indoors and out.
Designed for year-round enjoyment, the alfresco area is complete with an outdoor heater, making it the perfect place to linger long after dinner. Whether hosting summer celebrations, enjoying drinks with friends or gathering around the table with family, the seamless indoor-outdoor connection ensures entertaining feels effortless.
The private, securely fenced gardens provide an impressive backdrop, with a stunning newly installed Andrew Haywood (Pro Active) magnesium swimming pool taking centre stage. Measuring 5m x 3m with a depth of 1.8m, the electrically heated pool also features an automatic water filler, offering a luxurious setting for summer entertaining and relaxed weekends at home.
The multiple living areas continue the home’s strong entertaining credentials, providing plenty of space for guests to relax, children to play and everyone to come together. Year-round comfort is assured with ducted heating and split-system air conditioning, while the elevated position captures refreshing coastal breezes and spectacular sunsets — the perfect accompaniment to an evening spent entertaining outdoors.
The lifestyle is equally appealing, with the ever-popular Two Boys One Beagle café within easy walking distance for your morning coffee, while Eastlink and Penlink are just a short drive away, providing convenient access for commuters and weekend adventures.
Combining sophisticated renovation, flexible family living and exceptional indoor-outdoor entertaining, this is a home designed not simply to live in, but to enjoy — with the space, setting and amenities to make entertaining family and friends a genuine pleasure.
Disclaimer: Whilst every care has been taken to ensure the accuracy of the information provided, interested parties should rely on their own enquiries and due diligence. The agent and vendor accept no responsibility for any errors, omissions, or inaccuracies.
Listing description written by Tia Milne, OBrien Real Estate Frankston — reproduced as published, not verified by Districts.
Victoria 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.