Property investors have seen a 5.95% 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 32.62%.
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 $467,500
Profits averaged 24.6% 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 $320 based on current median home prices for the suburb.
The gross rental yield in FRANKSTON NORTH, 3200 is 3.56%.
An average of 12.33 real estate transactions take place per month in FRANKSTON NORTH which translates to 148 per annum.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||32.62%||N/A|
|Median 3 years||73.79%||N/A|
|Median 5 years||90.82%||N/A|
|10 years average annual||8.89%||N/A|
|Weekly media advert. rent||$320||N/A|
|Time on Market||25.9 days||N/A|
|Gross Rental Yield Percent||3.56%||N/A|