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 14.24% to date .
Frankston South,3199 was ranked 690 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Frankston South is offering property investors an average of -6.04. This rate of discount on properties puts Suburb at number 433th in terms of most discounted suburbs in VIC
At number 202 in a list of fastest selling suburbs, Frankston South is in the TOP 10% of suburbs in Australia with an average of days on market 39.79 for properties listed there.
Frankston South is 370th on a list of best yielding suburbs for rents in VIC with a 3.34% return
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 8.88%
When looking at the potential capital gains offered to property investors over the last 3 years, Frankston South comes in at number 119th in VIC.
Frankston South, 3199 is offering VIC ‘s 38th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this VIC.
Often selling an investment property can take time, and in Frankston South the average time real estate has been on the market is 64.55 days.
Advertised rents are around the $360 mark per week – giving a return of 4.07% based on the median price in Suburb