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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 2 of 2 investment properties found in Frankston on realestateinvestar.com.au

147 Karingal Dr, FRANKSTON

$690,000

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House

VIC 3199


13 Karingal Dr, FRANKSTON

$750,000

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VIC 3199


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