Suburb Profile Report for Frankston North VIC (3200)

Frankston North House: Median price $340,100, Annual capital growth 7.21%, Number of sales 145, Weekly median advertised rent $295

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

Giving property investors a a solid capital gain of 15.78% for the last year, Frankston North, 3200 is the 425th highest performer in Australia in this respect.

A 21.46% growth in median value for property investors in Frankston North,3200 puts this suburb at number 77th in terms of best performing suburbs in VIC

Property investors looking for a bargain in Frankston North should be aiming for at least -1.69% off the asking price, which is the average vendor discount being achieved at the moment.

A $295 per week rent on the median house gives suburb investors a gross yield of circa 4.51%, without taking into account capital value appreciation, which has been averaging out at 7.21%.

HOUSE UNIT
$340,100 N/A
6.28% N/A
15.78% N/A
7.21% N/A
$295 N/A
145 N/A
4.51% N/A
31.95 N/A

Source: CoreLogic

DSR Score for property investment : Very good (H), Good (U)
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Demographics
Total population 5626
Median household income ($/weekly) 760
Median age of persons 39
Median housing loan repayment ($/monthly) 1180
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 669 11.9
    25-34 years 718 12.8
    35-44 years 738 13.1
    45-54 years 760 13.5
    55-64 years 610 10.8
    Others 2132 37.9
    Age Group
    Census Count Percent(%)
    Not Married 2426 58.6
    Registered Married 1297 31.3
    Defacto Relationship 420 10.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 3946 76.2
    Papua New Guinea 173 3.3
    Philippines 50 1.0
    United Kingdom 418 8.1
    Other 234 4.5
    Others 355 6.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 61 1.3
    Christianity 2958 61.6
    Islam 44 0.9
    Other Religious Groups 38 0.8
    No Religion 1669 34.7
    Others 33 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 248 12.9
    $400-$599 296 15.4
    $600-$799 275 14.3
    $800-$999 214 11.1
    $1,000-$1,249 239 12.4
    Others 648 33.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2077 49.2
    Employed, worked full-time 1162 27.5
    Employed, worked part-time 566 13.4
    Unemployed, looking for work 277 6.6
    Employed, away from work 138 3.3
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 334 17.9
    Community & personal service workers 196 10.5
    Clerical & administrative workers 239 12.8
    Machinery operators & drivers 283 15.2
    Labourers 376 20.1
    Others 439 23.5
    Occupation
    Census Count Percent(%)
    Pre-school 82 8.0
    Infants/Primary 399 38.7
    Secondary 275 26.7
    Technical or Further Educational Institution 158 15.3
    University or other Tertiary Institutions 66 6.4
    Others 50 4.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4922 94.1
    Semi-detached, row or terrace house, townhouse 150 2.9
    Flat, unit or apartment 144 2.8
    House or flat attached to a shop, office 11 0.2
    Improvised home, tent, sleepers out 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 924 44.2
    Fully owned 589 28.2
    Being purchased 567 27.1
    Other tenure type 12 0.6
    Tenure Type
Census 2011, ABS
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