Frankston South

Frankston South, VIC 3199, has a diverse population with a significant proportion aged between 35 to 64 years. The suburb offers a high level of educational advantage for students attending government schools. Residents have various commuting options, with a notable number working from home. The suburb boasts a good mix of occupations, with professionals, managers, and technicians being the top three occupational groups. For houses, Frankston South presents opportunities for renovators given the relatively high Sale Price IQR Ratio. With a median household income higher than the national average, the suburb indicates a stable economic base. On the other hand, units in the area have shown strong growth potential with a low vacancy rate and a high market absorption rate, indicating increasing demand. The rental yield for units is attractive for investors. Frankston South, VIC 3199, is an attractive suburb for both homeowners and investors. With its stable property market, high demand for units, and educational advantages, it offers a desirable lifestyle. Residents benefit from good commuting options and a diverse range of occupations in the area. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022