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VIC › Safety Beach › Frank St

U2, 8 Frank St, Safety Beach VIC 3936

For saleTownhouse

$1,250,000–$1,375,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,250,000–$1,375,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,250,000–$1,375,000(Listing record · 8 July 2026)
  • CalculationAsk is 14% above the Safety Beach median recorded sale ($1,100,000, n=87, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Safety Beach's advertised median rent ($617/wk), implied gross yield would be 2.57% — 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

$1,250,000–$1,375,000

Asking range

No recorded sale for this property.

Safety Beach at a glance

6,058

People

$1,100,000

Median sale

$617/wk

Median rent

2.92%

Suburb gross yield

Median sale from 87 recorded sales (last 12 months) — a Districts calculation.

See the full Safety Beach report →

Vs Safety Beach

+13.6%

Median sale

Suburb $1,100,000

-0.35 pp

Gross yield

Suburb 2.92%

Suburb median $1,100,000 from 87 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

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

Purchase Price
$1,250,000
Stamp Duty (Victoria)
$68,750
Transfer/Registration Fee
$3,029
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
$1,325,479

$75,479 on top of the price (6.0% 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 Safety Beach's advertised median rent — not a rent for this listing.

Net yield
1.07%
Annual cashflow (pre-tax)
$-51,666
Interest cover (DSCR)
0.21
Annual rent
$32,084
Operating expenses
$18,750
Loan amount
$1,000,000
Annual interest
$65,000
Gross yield
2.57%

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$1,250,000–$1,375,000available8 July 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 $617/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 2.6%. 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

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

Safety Beach in one glance

Safety Beach at a glance

6,058

People

$1,100,000

Median sale

$617/wk

Median rent

2.92%

Suburb gross yield

Median sale from 87 recorded sales (last 12 months) — a Districts calculation.

See the full Safety Beach report →

Keep researching

  • Why Safety Beach? Read the area thesis →
  • What else is on the market in Safety Beach →
  • Other records on Frank St →

Listing material

Listed by McEwing & Partners

COASTAL LUXURY LIVING II

Experience refined seaside living, one of just three exclusive residences where architectural craftsmanship meets coastal elegance. Perfectly positioned in a quiet beachside cul-de-sac just 300m from the pristine Safety Beach foreshore, this premium townhouse is one of three individually separated residences with no party walls, each offering side access to the rear and a total area of over 30 squares. The exterior showcases a striking architectural concrete render faade, setting the tone for the sophisticated interior design that blends light, texture and form in perfect harmony.

Inside, the home reveals high void ceilings, commercial-grade floor-to-ceiling windows and doors, and engineered oak timber flooring flowing seamlessly through generous open-plan living zones. The heart of the home features a designer kitchen with Mediterranean blue marble benchtops across the kitchen, pantry and laundry, complemented by Miele appliances and Australian-made custom joinery throughout. A curved Venetian plaster feature wall frames the gas fireplace, creating a stunning architectural statement. Comfort is assured with an iZone ducted system providing zoned climate control, while the epoxy flake garage floors deliver both style and durability.

Four spacious bedrooms include a luxurious master suite with a custom full walk-in robe and private ensuite, while plush wool pile carpets bring warmth and softness underfoot. Luxury continues with double-glazed windows, high-end bathroom finishes, and a private alfresco area ideal for year-round entertaining. With no body corporate fees, exceptional build quality, and the beach only metres away, this home embodies low-maintenance coastal living at its finest - exclusive, effortless and simply beautiful.

Read the full description

- Brand new development of three (also available)

- No body corporate

- Architecturally designed, individually separated homes (no party walls)

- Over 30 squares

- Architectural concrete render faade

- Curved Venetian plaster feature wall

- Commercial-grade. double glazed floor-to-ceiling windows and doors

- Mediterranean blue marble benchtops to kitchen, pantry & laundry

- Miele appliances

- Australian-made custom joinery throughout

- Engineered Oak timber flooring & plush wool pile carpets

- iZone ducted heating and cooling system

- Epoxy flake garage flooring

- High void ceilings

- Gas fireplace

- Aloha video door system (upgradeable to multi-camera system)

- John Patrick landscape architect designed

1/8 Frank Street (Front House) : $1,625,000-$1,785,000

2/8 Frank Street (Middle House): $1,250,000-$1,375,000

3/8 Frank Street (Rear House): $1,275,000 - $1,395,000

DISCLAIMER

McEwing & Partners has prepared this information in good faith, relying on details supplied by third parties and taking all reasonable care to ensure its accuracy. However, we cannot guarantee that all information is free from error. Prospective purchasers are encouraged to make their own enquiries to verify the accuracy of all details.

Listing description written by Jordan Stannus, McEwing & Partners — reproduced as published, not verified by Districts.

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.