Giving property investors a a solid capital gain of 31.83% for the last year, Frankston North, 3200 is the 89th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Frankston North,3200 has racked up an average of 31.83% over the period. This ranks it number 232th in the whole country for real estate investors looking at median house price increases.
At number 378th of VIC’s most discounted properties, Frankston North is in the TOP 40% of the state/territory when listing in order of most discounted to least.
In the last year 168 properties changed hands in Frankston North, which puts it as the 151th most active market in VIC when comparing the number of sales per suburb.
A $310 per week rent on the median house gives suburb investors a gross yield of circa 3.93%, without taking into account capital value appreciation, which has been averaging out at 8.98%.