AREA REPORTS

Frankston North

Suburb Profile

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

house

Property investors have seen a 1.02% 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 20.65%.

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 $503,100

Profits averaged 25.51% 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 $325 based on current median home prices for the suburb.

The gross rental yield in FRANKSTON NORTH, 3200 is 3.36%.

An average of 12.42 real estate transactions take place per month in FRANKSTON NORTH which translates to 149 per annum.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $503,100 N/A
GROWTH REPORT
Median Quarterly 1.02% N/A
Median 12 month 20.65% N/A
Median 3 years 76.53% N/A
Median 5 years 101.24% N/A
10 years average annual 8.8% N/A
Weekly media advert. rent $325 N/A
Time on Market 43.7 days N/A
Gross Rental Yield Percent 3.36% N/A
demographics (median values)
Total Population
5488
Weekly Household Income
618.5
Household Size
2.40
demographics
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