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Investment Property Frankston North, VIC, 3200

Suburb Snapshot

Frankston North is a suburb in the Frankston Region of Victoria. Frankston North has a population of 5,760 people and 37.68% of its occupants live in rental accommodation. The median listing price for houses is $555,000 and this has changed 2.77% over the past year and changed 1.83% over 2 years.

The median rent in Frankston North for houses is $475 per week and the median rental yield is 4.45%. Stock on the market for houses/townhouses has changed -3.57% compared to last year and the average time to sell a house/townhouse is 43 days.The median listing price for units is NA and this has changed NA over the past year. The average unit takes NA days to sell and the median rent for a unit in Frankston North is $355 per week, producing a rental yield of NA.

Supply & Demand in Frankston North, Frankston

1.37%

Current vacancy rate


37

Rental stock available


5,760

Population


37.68%

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


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Statistical data for Frankston North, Frankston

  House Townhouses Units
Median listing price $555,000 NA NA
Median price change - last quarter 0.90% NA NA
Median price change - 1 year 2.77% NA NA
Median price change - 2 years 1.83% NA NA
  House Townhouses Units
Median weekly rent $475 NA $355
Median yield % 4.45% NA NA
Median rent change - 1 year 10.46% NA NA
  House Units
Previous month sales 10 0
Stock on market previous month 27 0
Stock variance vs. last year -3.57% -100.00%
Average days on market 43 NA

Frankston North investment property listings

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