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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 $695,000 and this has changed 0.57% over the past year and changed -0.72% over 2 years.

The median rent in Frankston for houses is $545 per week and the median rental yield is 4.07%. Stock on the market for houses/townhouses has changed -14.71% compared to last year and the average time to sell a house/townhouse is 54 days.The median listing price for units is $470,000 and this has changed 2.17% over the past year. The average unit takes 74 days to sell and the median rent for a unit in Frankston is $400 per week, producing a rental yield of 4.42%.

Supply & Demand in Frankston, Frankston

1.10%

Current vacancy rate


208

Rental stock available


36,095

Population


33.95%

Rental population


0.78%

Current vacancy rate


492

Rental stock available


134,142

Population


26.09%

Rental population


0.94%

Current vacancy rate


29,256

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 $695,000 $645,000 $470,000
Median price change - last quarter 0.00% 0.78% 1.07%
Median price change - 1 year 0.57% 3.20% 2.17%
Median price change - 2 years -0.72% 0.86% 4.44%
  House Townhouses Units
Median weekly rent $545 $595 $400
Median yield % 4.07% 4.79% 4.42%
Median rent change - 1 year 9.00% 13.33% 3.89%
  House Units
Previous month sales 53 20
Stock on market previous month 145 95
Stock variance vs. last year -14.71% -5.94%
Average days on market 54 74

Frankston investment property listings

Showing 3 of 3 investment properties found in Frankston on realestateinvestar.com.au

11/11 Williams St, FRANKSTON

$520,000

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Unit

VIC 3199


1/20 Williams St, FRANKSTON

$580,000

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Unit

VIC 3199


19 Wolsley Ave, FRANKSTON

$550,000

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VIC 3199


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