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Investment Property Frankston, VIC, 3199

Suburb Snapshot

Frankston is a suburb in the Frankston Region of Victoria. Frankston has a population of 36,095 people and 33.95% of its occupants live in rental accommodation. The median listing price for houses is $691,000 and this has changed -1.29% over the past year and changed -1.29% over 2 years.

The median rent in Frankston for houses is $500 per week and the median rental yield is 3.76%. Stock on the market for houses/townhouses has changed 9.68% compared to last year and the average time to sell a house/townhouse is 54 days.The median listing price for units is $460,000 and this has changed 2.22% over the past year. The average unit takes 91 days to sell and the median rent for a unit in Frankston is $385 per week, producing a rental yield of 4.35%.

Supply & Demand in Frankston, Frankston

1.09%

Current vacancy rate


205

Rental stock available


36,095

Population


33.95%

Rental population


0.70%

Current vacancy rate


437

Rental stock available


134,142

Population


26.09%

Rental population


0.87%

Current vacancy rate


26,641

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Frankston, Frankston

  House Townhouses Units
Median listing price $691,000 $625,000 $460,000
Median price change - last quarter 0.14% 0.00% 2.22%
Median price change - 1 year -1.29% -2.27% 2.22%
Median price change - 2 years -1.29% 0.00% 4.54%
  House Townhouses Units
Median weekly rent $500 $525 $385
Median yield % 3.76% 4.36% 4.35%
Median rent change - 1 year 7.52% 7.14% 11.59%
  House Units
Previous month sales 9 2
Stock on market previous month 170 101
Stock variance vs. last year 9.68% 48.53%
Average days on market 54 91

Frankston investment property listings

Showing 5 of 231 investment properties found in Frankston on realestateinvestar.com.au

6/16 Mereweather Ave, FRANKSTON

$550,000

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Townhouse

VIC 3199


1 Mary St, FRANKSTON

$3,200,000

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House

VIC 3199


99 Raphael Cres, Frankston

$800,000

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Flexible Family Layout in Lakewood

Nestled quietly between Raphael Reserve playground and the Frankston Golf Club, on a spacious 750m2 (approx) plot, is this versatile home offering a flexible layout to suit a variety of uses whilst maximising the indoor/outdoor living and entertaining spaces on offer. Boasting a main residence ...

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House

VIC 3199


40 Wynden Dr, Frankston

$660,000

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Experience Ultimate Convenience: 3 Bedroom Home with 4 Car Garag

Welcome to 40 Wydnen Drive, Frankston where comfort, style, and convenience converge to create the perfect home for you. This meticulously maintained property offers a lifestyle of luxury and ease, boasting a spacious 541sqm land size and a host of desirable features. Upon arrival, be greeted by ...

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House

VIC 3199


24 Coprosma Ave, Frankston

$620,000

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Room to Grow

Are you looking for the perfect blend of space, convenience, and potential in the sought-after Frankston area? This delightful 4-bedroom, 2-bathroom home with a study offers an incredible opportunity for you and your family. Situated in the highly sought-after Frankston area, this home is ...

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VIC 3199


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