All About Frankston South, Frankston, VIC, 3199

Frankston South, located in Frankston City within the state of Victoria, Australia, is renowned for its appealing housing market, characterized by a blend of suburban tranquility and coastal charm. Over recent years, the area has seen a steady growth in property values, driven by increasing demand from families and professionals seeking a peaceful yet connected community. The real estate market here offers a diverse range of properties, from large family homes with expansive gardens to modern townhouses and apartments. This diversity makes it attractive to a wide demographic, including young families, retirees, and investors. The proximity to the Mornington Peninsula and Port Phillip Bay not only enhances the area's scenic quality but also boosts its real estate appeal, offering residents the luxury of coastal living just an hour's drive from Melbourne's Central Business District.

Living in Frankston South offers a unique blend of lifestyle benefits. The area is known for its excellent educational facilities, including a range of reputable primary and secondary schools, making it a preferred choice for families. Natural beauty surrounds residents with easy access to Frankston Nature Conservation Reserve and local beaches, providing ample opportunities for outdoor activities such as hiking, swimming, and fishing. The local community is vibrant and tight-knit, hosting numerous markets, festivals, and events throughout the year. Additionally, the suburb is well-serviced by public transport and has convenient access to shops, cafes, and healthcare facilities. Overall, Frankston South delivers a balanced lifestyle with the serenity of nature and the vibrancy of community living, making it a desirable place to call home.

Frankston South Real Estate Market Outlook

Thinking about buying in Frankston South? Now could not be a better time, with 8765 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,369,000 with prices in this suburb ranging from $80,000 to $6,388,000. Frankston South is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

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. High average incomes in Frankston South ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Frankston South classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Frankston South requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Frankston South 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 South a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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