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 › Plowman Pl
$1,680,000–$1,750,000
For sale
Asking range
3
Bedrooms
2
Bathrooms
3
Car spaces
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
$1,680,000–$1,750,000
Asking range
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
+75.9%
Median sale
Suburb $955,000
-1.20 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.
$99,714 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.
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 1.6%. 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 LE & CO ESTATE AGENTSPerfectly positioned on the top floor of the prestigious Horizon Building in Frankston, this fantastic 3-bedroom, 2-bathroom, 3 car-park space residence captures the essence of modern luxury resort style living that offers an unmatched lifestyle, space, and sophistication. Combining sophisticated design, contemporary comfort and unbeatable convenience, this is a place that truly stands out.
Step inside to discover a light-filled open-plan living and dining area, beautifully enhanced by elegant floorboards and a seamless connection to a spacious balcony which bathed in natural light and showcasing sweeping bay views, the open-plan living area features an ethanol fireplace, floor-to-ceiling windows opening to a private balcony, and a built-in display/bar unit. The chef's kitchen boasts premium Miele appliances, stone bench-tops, feature lighting, and a breakfast bar which is perfectly for all-year-round entertaining. The master suite has a walk-in robe with a refined ensuite finished to the highest standard with floor-to-ceiling tiling. Two other bedrooms are generously propositioned and appointed with built-in-robes accompany by a contemporary main bathroom while a discreet European laundry delivers seamless day-to-day practicality. Additional features include a zoned ducted reverse-cycle heating and cooling for all year-round comfort. Engineered oak flooring, double-glazed windows, and motorised blinds enhancing the apartment's effortless liveability. There are three (3) secure basement car spaces with private storage cages, secure video entry, and exclusive access to this Horizon's world-class amenities include a roof-top gym, yoga room, dining area with bar, heated spas, BBQ facilities, sun lounges, communal conference room, library, hot and cold food storage lockers, a private wine fridge in the wine cellar, bike storeroom and workshop, dog wash and a concierge service tailored to each individual needs.
Ideally located in the vibrant heart of Frankston, just moments from Frankston Beach, Frankston Hospital, the Art Centre, Kinetic Stadium, boutique cafes, restaurants, scenic walking trails, and premier shopping. This is more than just a luxury apartment – it is a testament of a rare fusion of urban sophistication and everyday coastal luxury living.
Le & Co Estate Agents in Springvale is proud to present this luxury apartment for sale.
Please hurry, contact Phuc Le 0422 765 899 or Tommy Nguyen 0431 644 889 for further information or for a private inspection.
Disclaimer: All information about the property has been provided to Le & Co Estate Agents by third parties. Le & Co Estate Agents has not verified the information and does not warrant its accuracy or completeness. Parties should make and rely on their own inquiries in relation to the property.
Listing description written by Tommy Nguyen, LE & CO ESTATE AGENTS — 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.