Port Franklin, located in the picturesque region of South Gippsland, Victoria, is a small, idyllic fishing village that offers a serene lifestyle away from the hustle and bustle of big cities. The housing market here is characterized by its charming and affordable properties, often featuring traditional designs that blend seamlessly with the natural surroundings. Homes in Port Franklin are typically single-family structures, and given the village's small size, the market isn't as fast-paced or competitive compared to urban areas. This makes it an attractive option for individuals or families seeking a peaceful retreat or a slower pace of life. With a backdrop of lush greenery and close proximity to the water, properties here provide a unique blend of rural and coastal living.
Living in Port Franklin offers a tight-knit community with a strong sense of camaraderie among residents. The lifestyle is laid-back and community-oriented, with an emphasis on outdoor activities like fishing, boating, and nature walks, thanks to the village's prime location along the Franklin River. While amenities are limited within the village, nearby towns provide necessary services and shopping options. Residents often enjoy the simple pleasures of life, including breathtaking sunsets, picturesque landscapes, and the calming presence of nature. The village's tranquil environment is ideal for retirees, artists, or anyone seeking solace and inspiration from coastal living in a scenic Australian setting.
Median Weekly Rent | $258.50 |
Median Monthly Mortgage | $1462.50 |
Median Persons Per bed houseroom | 0.65 |
Average Household Size | 2.00 |
Average Age | 53.50 |
Average Income | $608.50 |
Average Cars Per Dwelling | 2.32 |
Average Properties Within 50M | 4 |
Typical 1 bed house | $243,000 |
Typical 2 bed house | $362,000 |
Typical 3 bed house | $781,000 |
Typical 4 bed house | $650,000 |
Housing Stock
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Thinking about buying in Port Franklin? Now could not be a better time, with just 144 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $567,000 with prices in this suburb ranging from $131,000 to $7,223,000. Port Franklin is located fairly close to the coast at just 0Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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 Port Franklin due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Port Franklin changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Port Franklin to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Port Franklin the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property Valuation3 Fishermans Way, Port Franklin, VIC, 3964 | 4 | 2 | 1 | $765,000 |
None within suburb boundary
(While the above schools are located with the suburb of Port Franklin 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 | 1.5 | 14.3 | 24.1 | 49.6 | 83.4 | 5.0 | 23.2 |
Feb | 1.2 | 14.7 | 23.8 | 51.0 | 83.6 | 5.1 | 19.6 |
Mar | 1.7 | 13.3 | 22.0 | 45.6 | 75.4 | 5.1 | 15 |
Apr | 1.7 | 10.5 | 19.5 | 53.2 | 87.5 | 4.2 | 10.5 |
May | 2.9 | 8.5 | 16.9 | 52.7 | 82 | 3.9 | 7.7 |
Jun | 3.8 | 7.6 | 14.6 | 69.6 | 94.4 | 4.5 | 6.2 |
Jul | 2.8 | 6.9 | 13.9 | 72.3 | 95.5 | 5 | 7.4 |
Aug | 2.7 | 6.5 | 14.3 | 68.1 | 96.0 | 4.9 | 10.2 |
Sept | 3.0 | 8.0 | 16.4 | 63.2 | 95.4 | 5.0 | 14.1 |
Oct | 2.1 | 9.5 | 18.6 | 56.3 | 87.5 | 5.0 | 18.6 |
Nov | 2.0 | 10.5 | 19.4 | 61 | 93.2 | 5.0 | 20.7 |
Dec | 2.0 | 12.8 | 22.4 | 52.8 | 85.6 | 5 | 24.1 |
source: Australian Government Bureau of Meteorology
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