If you compare the increase in value of investment property in Frankston South, 3199 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 15.82%.
A 50.68% growth in median value for property investors in Frankston South,3199 puts this suburb at number 446th in terms of best performing suburbs in VIC
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Frankston South, 3199. Typically our figures indicate that -4.35% is being offered, which puts this VIC suburb at 525th most discounted overall in Australia.
Advertised rents are around the $450 mark per week – giving a return of 3.02% based on the median price in Suburb
Property value increases in Frankston South have tracked higher than the VIC average of 6.72% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Frankston South comes in at number 33th in VIC.