Investment property in Frankston South has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.29%
A 30.19% growth in median value for property investors in Frankston South,3199 puts this suburb at number 245th in terms of best performing suburbs in VIC
Property investors looking for a bargain in Frankston South should be aiming for at least -5.75% off the asking price, which is the average vendor discount being achieved at the moment.
Frankston South is 381th on a list of best yielding suburbs for rents in VIC with a 3.17% return
Frankston South has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 13.95% to date .
Taking the average capital gain, or increase in median house value, Frankston South,3199 has racked up an average of 13.95% over the period. This ranks it number 616th in the whole country for real estate investors looking at median house price increases.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.08% offered to property buyers. Sellers in Frankston South itself are offering an average vendor discount of -9.19% to real estate investors.