Thinking about buying in Frankston North? Now could not be a better time, with 2879 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $703,000 with prices in this suburb ranging from $276,000 to $1,129,000. Frankston North is located fairly close to the coast at just 1Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Median Weekly Rent | $333.44 |
Median Monthly Mortgage | $1541.41 |
Median Persons Per Bedroom | 0.77 |
Average Household Size | 2.22 |
Average Age | 38.74 |
Average Income | $677.85 |
Average Cars Per Dwelling | 1.60 |
Average Properties Within 50M | 12 |
1 Bed  $653,000 |
2 Bed  $617,000 |
3 Bed  $723,000 |
4 Bed  $794,000 |
5 Bed  $789,000 |
6 Bed+$874,000 |
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Frankston North due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Frankston North provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Frankston North to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Lower than average industry presence in Frankston North we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Frankston North a better buying opportunity than it may have been in the past.
21 ARMATA CR, FRANKSTON NORTH, VIC, 3200 | 3 | 1 | 1 | Auction | |
19 ARMATA CR, FRANKSTON NORTH, VIC, 3200 | 3 | 1 | 1 | OFFERS INVITED $500,000 - $550,000 | |
15 HOYA CR, FRANKSTON NORTH, VIC, 3200 | 3 | 1 | 2 | 560000 | |
81 MONTEREY BVD, FRANKSTON NORTH, VIC, 3200 | 3 | 1 | 1 | 600000 | |
80 MONTEREY BVD, FRANKSTON NORTH, VIC, 3200 | 3 | 2 | 2 | 620000 | |
10 NORFOLK CR, FRANKSTON NORTH, VIC, 3200 | 3 | 1 | 1 | 640000 | |
347 FRANKSTON-DANDENONG RD, FRANKSTON NORTH, VIC, 3200 | 3 | 1 | 2 | 590000 | |
4 DUNDEE CT, FRANKSTON NORTH, VIC, 3200 | 3 | 1 | 2 | 590000 |
Aldercourt Primary School
Mahogany Rise Primary School
Monterey Secondary College
Nepean Special School
Frankston Special Developmental School
Kananook Primary School
Karingal Heights Primary School
Belvedere Park Primary School
Seaford Park Primary School
Karingal Primary School
(While the above schools are located with the suburb of Frankston North there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 2.5 | 14.2 | 25 | 46.1 | 86.8 | 2.4 | 22.2 |
May | 1.9 | 8.6 | 16.8 | 55.9 | 90.6 | 1.8 | 8.2 |
Jun | 2.5 | 7.3 | 14.6 | 62.7 | 92 | 1.9 | 6.7 |
Jul | 1.9 | 7.1 | 13.7 | 60.4 | 89.3 | 2.7 | 7.3 |
Aug | 2.2 | 8.1 | 15.3 | 56.5 | 90.8 | 2.5 | 10.7 |
Sept | 2.9 | 8.4 | 17.2 | 49.3 | 90.3 | 2.6 | 14.2 |
Oct | 2.5 | 10.2 | 18.7 | 54.3 | 89.6 | 2.5 | 16.7 |
Nov | 1.4 | 12.8 | 23.8 | 42.5 | 87.4 | 2.2 | 22 |
source: Australian Government Bureau of Meteorology
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