2. VIC
  3. Frankston

Houses Units

Here you can find what you need to know about Frankston North, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$591K Median Sale Price (National Average $485k) 532nd In VIC
2.70% Median Sale Price Change (1yr) (National Average 4.30%) 218th In VIC
$460pw Median Rent (National Average $395) 478th In VIC
4.0% Median Gross Yield (National Average 4.24%) 169th In VIC
Properties sold 132
Average discounting -2.50%
Average Days on Market 48
Stock on Market 81 for sale

Investment Strategy Scores

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Frankston North, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Frankston North, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Frankston North, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Frankston North


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State Auction Clearance Rates


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Local Schools


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Suburb Information

Frankston North, VIC 3200

Part of: Frankston Council No data available

The size of Frankston North is approximately 5.1 square kilometres. It has 17 parks covering nearly 37% of total area. The population of Frankston North in 2011 was 5,626 people. By 2016 the population was 5,779 showing a population growth of 2.7% in the area during that time. The predominant age group in Frankston North is 20-29 years. Households in Frankston North are primarily single parents and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Frankston North work in a labourer occupation. In 2011, 52.8% of the homes in Frankston North were owner-occupied compared with 51.1% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Frankston North

Demographic data provided
by Australian Bureau of Statistics

Market Trends for Frankston North   for Houses in last 12 months


There have been 132 Houses sold in Frankston North in the past 12 months with a median sale price of $591K, up 2.7% annually. It takes on average 27 days to sell with vendor discounting of -2.5%.

Others also viewed

Suburb Median Sale Price Change (1yr) Median Sale Price Median Rent Median Gross Yield
Frankston VIC, 3199 2.15% $735,500 $550pw 3.9% View Suburb Profile
Frankston South VIC, 3199 4.89% $1,180,000 $630pw 2.8% View Suburb Profile
Seaford VIC, 3198 3.35% $847,500 $560pw 3.4% View Suburb Profile
Carrum Downs VIC, 3201 3.85% $715,000 $550pw 4.0% View Suburb Profile
Lutana TAS, 7009 -3.03% $598,000 $523pw 4.5% View Suburb Profile
Croydon SA, 5008 20.33% $1,107,000 $590pw 2.8% View Suburb Profile

Currency

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