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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 $700,000 and this has changed 0.71% over the past year and changed 0.00% over 2 years.

The median rent in Frankston for houses is $550 per week and the median rental yield is 4.08%. Stock on the market for houses/townhouses has changed -28.49% compared to last year and the average time to sell a house/townhouse is 56 days.The median listing price for units is $470,000 and this has changed 2.17% over the past year. The average unit takes 76 days to sell and the median rent for a unit in Frankston is $410 per week, producing a rental yield of 4.53%.

Supply & Demand in Frankston, Frankston

1.11%

Current vacancy rate


211

Rental stock available


36,095

Population


33.95%

Rental population


0.79%

Current vacancy rate


496

Rental stock available


134,142

Population


26.09%

Rental population


0.93%

Current vacancy rate


28,886

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 $700,000 $647,500 $470,000
Median price change - last quarter 0.00% 0.78% 1.07%
Median price change - 1 year 0.71% 4.43% 2.17%
Median price change - 2 years 0.00% 0.38% 4.44%
  House Townhouses Units
Median weekly rent $550 $595 $410
Median yield % 4.08% 4.77% 4.53%
Median rent change - 1 year 10.00% 12.26% 5.12%
  House Units
Previous month sales 49 17
Stock on market previous month 123 95
Stock variance vs. last year -28.49% -1.04%
Average days on market 56 76

Frankston investment property listings

Showing 5 of 395 investment properties found in Frankston on realestateinvestar.com.au

7 Witternberg Ave, Frankston

$880,000

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4-Bed Family Home with Secure Space and Alfresco Appeal

Set behind a secure front fence and gated entry, this well-appointed four-bedroom, two-bathroom home delivers generous family living with comfort, functionality and excellent convenience. A wide front yard creates an immediate sense of space, while the porch entry introduces interiors designed for ...

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VIC 3199


3 Fiocchi Ave, Frankston

$1,500,000

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Creekfront Living with Private Jetty & Breathtaking Serenity

Uniquely positioned on the tranquil banks of Kananook Creek, this architecturally designed residence delivers an exceptional blend of lifestyle, space, and natural beauty complete with a rare private jetty and direct access to the bay from the bottom of the garden. Set across three cleverly ...

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VIC 3199


21 Parer St, Frankston

$675,000

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A Rare Frankston Opportunity with Provenance, Position & Untappe

Held by one of Australia's most enduring Winter Olympians for almost four decades, this is a property rich in history, character and future potential positioned in one of Frankston's most strategically connected locations. Set on approximately 644m², 21 Parer Street, Frankston presents a rare ...

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VIC 3199


3 Melaleuca Ct, Frankston

$850,000

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Elevated Family Living in a Quiet Court Setting

Set within a peaceful and tightly held pocket of Frankston Heights, this beautifully refreshed residence captures an effortless blend of character, comfort and refined contemporary living, offering an immediate sense of warmth and understated luxury from the moment you arrive. Thoughtfully updated ...

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VIC 3199


23 Golconda Ave, Frankston

$710,000

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Light-Filled Family Living on an Elevated Corner Block

Positioned on an elevated corner allotment of approximately 541sqm, this tastefully refurbished family residence presents an outstanding opportunity for first-home buyers, investors, and developers alike. Immaculately maintained, the solid brick home showcases timeless character and a thoughtfully ...

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VIC 3199


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