VIC/
Frankston south

Suburb Profile

Frankston South - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3199

house
unit

Property investors enjoyed capital gains of 16.91% over the last 12 months in FRANKSTON SOUTH, translating to lower returns compared with its peers in VIC.

Figures from the previous quarter show that capital gains for real estate buyers in FRANKSTON SOUTH are low, as opposed to average gains per annum over the past five years.

The suburb posted a 42.92% growth in median prices over a three-year period. This is considerably lower than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $450 based on current median home prices for the suburb.

On average, rents on listings have reached the $450 mark, reflecting a 2.94% increase in returns based on the current median price in FRANKSTON SOUTH.

FRANKSTON SOUTH, 3199 ranks 214th in VIC in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 360th on the list of best yielding suburbs for rental properties in VIC, posting a 2.94% return.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $795,000 $548,750
GROWTH REPORT
Median Quarterly 3.25% 3.05%
Median 12 month 16.91% 19.29%
Median 3 years 42.92% 34.66%
Median 5 years 54.37% 37.19%
10 years average annual 7.41% 6.11%
Weekly media advert. rent $450 $380
Time on Market 39.9 days 37.6 days
Gross Rental Yield Percent 2.94% 3.6%
demographics (median values)
Total Population
17362
Weekly Household Income
1133
Household Size
2.60
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type
promoted stories