Investment property in Frankston South has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.21%
Frankston South,3199 has offered an average of 11.21% return per annum in house price rises to property investors over the last three years.
Frankston South3199 is located in VIC which offers an average discount of -6.04% to property investors. Frankston South itself is showing figures that indicate -5.63% is the average achievable by property buyers investing in the suburb.
At number 136 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 37.32 for properties listed there.
Property value increases in Frankston South have tracked just higher than the VIC average of 3.19% over the last 12 months.
Over the longer term, Frankston South has seen property prices show investors a 16.94% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Frankston South 3199 should be seeing an average reduction in asking price of around -9.67% . This means that Frankston South is holding prices well when compared to other suburbs in VIC.
At number 638 in a list of fastest selling suburbs, Frankston South is just in the top half of suburbs in Australia with an average of days on market 72.8 for properties listed there.
Frankston South, 3199’s gross rental yield is 4.17%