With a capital gain of 12.97% for the last 12 months, Frankston North, 3200 has performed for property investments than its average annual 6.83% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Frankston North,3200 has racked up an average of 12.97% over the period. This ranks it number 1303th in the whole country for real estate investors looking at median house price increases.
At number 613th of VIC’s most discounted properties, Frankston North is in the TOP 10% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Frankston North being $324000 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 4.65%