VIC has seen average median house prices change by -1.79% which means that Frankston South, 3199 has not done well for property investors by showing a capital gain of -3.80% over the last year
Taking the average capital gain, or increase in median house value, Frankston South,3199 has racked up an average of -3.80% over the period. This ranks it number 666th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Frankston South is $810000, with sellers offering an average of -9.02% off the asking price.
Residents and property investors in Frankston South have been waiting around 66.5899 days to sell a property.
Using the current median advertised rental of $480 and the average annual increase in value of a median property of 6.47%, investors should hope to achieve an overall return of 3.08%
Over the last year, property investments in Frankston South, 3199 have given investors a capital gain of 1.91%. This compares favourably with the 0.68% for VIC as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Frankston South comes in at number 66th in VIC.
Frankston South3199 is located in VIC which offers an average discount of -6.31% to property investors. Frankston South itself is showing figures that indicate -8.37% is the average achievable by property buyers investing in the suburb.
Frankston South, 3199’s gross rental yield is 3.70%