Frankston

Frankston, VIC 3199, is a growing suburb with a diverse population. The area's residents have a median household income slightly above the national average, with a good mix of age groups present. Commuting options are mainly by motor vehicle, with a notable number of residents also working from home. The suburb offers a reasonable level of educational advantage for students in government schools. For Houses, Frankston presents good opportunities for investors interested in renovation due to a relatively high Sale Price IQR Ratio. The market shows signs of strong demand, with low vacancy rates and a high market absorption rate. Homeowners may benefit from the suburb's high median growth rate. For Units, the high Sale Price IQR Ratio suggests potential for renovation projects as well. The market absorption rate indicates decent demand, while the low discount median could attract investors seeking strong returns. Frankston, VIC 3199, is a suburb offering potential for both homeowners and investors. With a mix of property types available, residents can enjoy the diverse community and convenient commuting options. The suburb's strong demand indicators and growth rates make it an attractive option for those considering property investment. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022