Hi nikkig, a similar sounding property sold for $321000 in January http://www.realestate.com.au/property-house-vic-frankston+north-115491979 . Maybe this will help for comparable sale.

Well, applied with CBA pretty much out of laziness or convenience because I have all my accounts and savings with them ( I still have my original dollarmite account). I realise that their are many many lenders with much better rates, so this choice will cost me a lot of money.