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Frankston North
AREA REPORTS

Frankston North

Frankston North - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3200

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Property investors have seen a 1.11% gain in FRANKSTON NORTH based on an increase in median home prices for the past three months.

Based on its average 5-year and quarterly capital gains FRANKSTON NORTH, 3200 saw average growth in the long term.

The VIC suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $455,000

Profits averaged -2.09% per annum over a 3-year period, due to an downward trend in home prices in FRANKSTON NORTH, 3200.

This means, real estate investors could earn a rental income of $330 based on current median home prices for the suburb.

The gross rental yield in FRANKSTON NORTH, 3200 is 3.77%.

An average of 8.08 real estate transactions take place per month in FRANKSTON NORTH which translates to 97 per annum.

Data report can be found below

Frankston North
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $455,000 N/A
GROWTH REPORT
Median Quarterly 1.11% N/A
Median 12 month 5.81% N/A
Median 3 years -6.28% N/A
Median 5 years 50.66% N/A
10 years average annual 5.55% N/A
Weekly media advert. rent $330 N/A
Time on Market 49.1 days N/A
Gross Rental Yield Percent 3.77% N/A
demographics (median values)*
Total Population
5762
Weekly Household Income
888
Household Size
2.30
Age
39
Monthly Loan Repayment
1205
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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