Suburb Profile

Suburb profile for,

Frankston South, VIC 3199

About Frankston South

Frankston South is a residential suburb in Victoria, sitting within the 3199 postcode.

Demographics and Community

Frankston South has a population of approximately 18,183, a median age of 43, a median weekly household income of $1,608.

Property Market Overview

The current median house price in Frankston South is $1,170,000. Average annual growth is -0.4%.

Properties in Frankston South spend an average of 29 days on market.

Rental Market

The median weekly rent for houses in Frankston South is $450. Gross rental yield is 3.10%, which is typical for a growth-oriented market.

Nearby Suburbs

Explore other suburb profiles in the area: Frankston, VIC, Seaford, VIC, Carrum, VIC, Patterson Lakes, VIC, Carrum Downs, VIC.

Considering Frankston South for Investment?

Handle Properties is a Sydney-based buyer's agency helping investors build portfolios of high-growth investment properties across Australia. If you are considering Frankston South or need help identifying the right suburb for your strategy, get in touch with our team.

SUBURB DATA

Quantitative data for,

Frankston South, VIC 3199

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.

State
VIC
Suburb
FRANKSTON SOUTH
Postcode
3199
Median price for all dwellings
$1,170,000
Last 12 months growth return
Down -0.4%
Avg. dwellings for sale in the suburb every month
79
Avg. dwellings sold in the suburb in previous 12 months
233
Avg days on market for a dwelling listing to sell
29 days
Avg. number of people searching in this suburb every month
5741
Avg. rental yield per annum
3.10%
Weekly median rent for all dwellings
$450 per week
Median price for all houses
$1,170,000
Avg. rental yield growth in the previous 12 months
3.10%
Avg. days for a rental listing to find a tennant
21 days
Total suburb population in 2016
18183
Total suburb population change in 5 years up to 2016
3.20%
Avg. household income per week
$1,608
Median age of the population in the suburb
43
Historic avg annual growth return per annum in the suburb
8.18%