Frankston North has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 29.51% to date .
Across a shorter period, Frankston North, 3200 has seen a median price increase of 9.12% over the last quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.80% offered to property buyers. Sellers in Frankston North itself are offering an average vendor discount of -4.55% to real estate investors.
On average over the past year, suburb has had 13.42 sales per month, which equates to 161 per year.
The VIC suburb of Frankston North, 3200 is in the Frankston local government area.