REDBANK PLAINS 
5 MIN READLiberals Wave Super As Solution For Housing Affordability Woes
With the federal election less than a week away, the Australian Liberal Party has promised two new superannuation scheme...
Read More
Frankston NorthFrankston North - SUBURB PROFILE REPORT
SHARE 
Property investors have seen a 2.68% gain in FRANKSTON NORTH based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on FRANKSTON NORTH, 3200 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 30.06%.
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 $585,250
Profits averaged 5.68% per annum over a 3-year period, due to an upward trend in home prices in FRANKSTON NORTH, 3200.
This means, real estate investors could earn a rental income of $367.5 based on current median home prices for the suburb.
The gross rental yield in FRANKSTON NORTH, 3200 is 3.27%.
An average of 13.83 real estate transactions take place per month in FRANKSTON NORTH which translates to 166 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $585,250 | $522,000 |
| GROWTH REPORT | ||
| Median Quarterly | 2.68% | 12.26% |
| Median 12 month | 30.06% | 24.29% |
| Median 3 years | 17.05% | N/A |
| Median 5 years | 62.57% | 70.45% |
| 10 years average annual | 8.87% | 10.6% |
| Weekly media advert. rent | $367.5 | N/A |
| Time on Market | 27.0 days | 0.0 days |
| Gross Rental Yield Percent | 3.27% | N/A |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
