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VIC › Carrum Downs › Frankston Dandenong Rd

U103, 1165 Frankston Dandenong Rd, Carrum Downs VIC 3201

For saleRetirement

$360,000–$380,000

For sale

Asking range

2

Bedrooms

1

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $360,000–$380,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $360,000–$380,000(Listing record · 30 June 2026)
  • CalculationIf it leased at Carrum Downs's advertised median rent ($553/wk), implied gross yield would be 7.99% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$360,000–$380,000

Asking range

No recorded sale for this property.

Carrum Downs at a glance

23,549

People

No data

Median sale

$553/wk

Median rent

No data

Suburb gross yield

See the full Carrum Downs report →

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$360,000
Stamp Duty (Victoria)
$16,670
Transfer/Registration Fee
$947
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$381,317

$21,317 on top of the price (5.9% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Carrum Downs's advertised median rent — not a rent for this listing.

Net yield
6.49%
Annual cashflow (pre-tax)
$4,636
Interest cover (DSCR)
1.25
Annual rent
$28,756
Operating expenses
$5,400
Loan amount
$288,000
Annual interest
$18,720
Gross yield
7.99%

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.

Open the full yield calculator →

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. Listed$360,000–$380,000available30 June 2026

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 $553/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

Gross yield if leased at the suburb aggregate is 8.0%. 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

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

Carrum Downs in one glance

Carrum Downs at a glance

23,549

People

No data

Median sale

$553/wk

Median rent

No data

Suburb gross yield

See the full Carrum Downs report →

Keep researching

  • Why Carrum Downs? Read the area thesis →
  • What else is on the market in Carrum Downs →
  • Other records on Frankston Dandenong Rd →

Listing material

Listed by Ingenia Lifestyle

Move Straight In and Enjoy

A great opportunity to secure a low-maintenance home with a welcoming front deck and modern street appeal. The covered deck provides the perfect place to sit and relax, while the wide driveway and easy-care exterior make everyday living simple and convenient.

Inside, the home features a practical open plan layout that combines the living and dining areas into one comfortable space. Large sliding doors open onto the deck, bringing in natural light and creating a seamless connection between indoor and outdoor living. A split-system air conditioner in the main living area ensures year-round comfort.

The kitchen has been thoughtfully designed to maximise functionality, featuring floor-to-ceiling pantry storage, convenient slide-out drawers, overhead cabinetry, and quality appliances including an electric oven, cooktop and rangehood. Its efficient layout makes excellent use of the available space while keeping everything within easy reach.

Read the full description

Two well-sized bedrooms include built-in robes and ceiling fans, creating comfortable and functional spaces to enjoy. The modern bathroom features a spacious shower and contemporary finishes, while quality flooring, window furnishings and concrete car parking, complete this move-in-ready home. Ideal for those seeking a low-maintenance lifestyle, this well-presented residence offers comfort, convenience and easy living from day one.

Home Features:

• Front Undercover Deck

• Open plan living and dining area with a bright, functional layout

• Split-system heating and cooling in the main living area

• Modern kitchen with Electric Cooktop and Oven

• Clever slide-out drawers and overhead cabinetry for added storage

• Two bedrooms, both fitted with built-in robes and ceiling fan

• Contemporary bathroom with spacious shower and vanity storage

• Hybrid timber-look flooring throughout the living areas and bedrooms

• Roller blinds, flyscreens and security front door

• Pay NO DMF , no stamp duty, No council rates or exit fees

Located within the Carrum Downs community, this home offers a convenient lifestyle with everyday essentials close by. Positioned on the gateway to the Mornington Peninsula, you'll enjoy easy access to shopping centres, supermarkets, cafés, restaurants, medical services and recreational facilities, all just a short drive from home.

For those who like to stay active or explore the outdoors, the area is surrounded by parks, walking tracks, golf courses and beautiful beaches, including the nearby coastline of Frankston, Seaford and the wider Mornington Peninsula. Whether you're meeting friends for coffee, enjoying a day by the water or exploring local attractions, everything you need is within easy reach.

The community is well connected, with public transport options nearby and a bus stop conveniently located at the entrance. Melbourne's CBD is approximately 30km away, making it easy to access the city while enjoying the relaxed lifestyle that Carrum Downs is known for.

Residents also enjoy access to community facilities, including a swimming pool and spa, creating opportunities to connect with neighbours and enjoy an active, social lifestyle close to home.

Nearby Amenities

• Carrum Downs Regional Shopping Centre

• Local supermarkets, cafés and restaurants

• Medical centres and allied health services

• Public transport at the community entrance

• Frankston Foreshore and beaches

• Seaford Beach and walking trails

• Mornington Peninsula attractions and wineries

• Local golf courses and sporting facilities

• Easy access to Melbourne via Peninsula Link and EastLink

This sought-after location combines convenience, connectivity and a relaxed community atmosphere, making it an ideal place to call home.

The Land Lease Model

A land lease home operates under the land lease model, supported by specific government legislation which guarantees ongoing financial security and peace of mind.

The model lets you enjoy the benefits of conventional home ownership, with residents owning their own home, without the cost of buying the land and paying council rates.

Should you ever wish to sell, the capital gain is all yours, without exit fees. You also enjoy the advantages of no ongoing council rates or stamp duty, just a weekly site fee which eligible residents offset with rental assistance.

Listing description written by Nicolette Thompson, Ingenia Lifestyle — reproduced as published, not verified by Districts.

Also look at

Also for sale in Carrum Downs

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  • 21 Chapman St, Carrum Downs VIC 3201

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  • U5, 6 & 19, 58 William Rd, Carrum Downs VIC 3201

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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.