612A Nepean Highway, Frankston South VIC 3199
This property is Off Market
- The Average property price in this area is $1,369,029, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 0.03 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Frankston South
With an average age of 43, households expect an average monthly mortgage payment of $2,708 or a weekly rent payment of $521. The average family earns a weekly income of $3,014 with a typical household size of 2.6 and a 93.94% employment rate.
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.
Public Transport
Leawarra
General Points of Interest
Beleura
Somerville Shopping Centre
Eliza Square
Home Co. Mornington
Dinosaur World
Baxter Tennis Club
YMCA Somerville Health and Aquatic Centre
Karingal Village
Gallipoli oak
Flinders Monument
Population
(Country of Birth not stated 1%)
Are people healthy?
There are a recorded 2066 asthma sufferers and 866 people living with diabetes. In addition, 1106 people have a heart/vascular condition and 1656 people live with three or more chronic diseases.A good place to invest in property?
Frankston South a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
64 / 100
52 / 100
Industry
21 / 100
17 / 100
Population
44 / 100
32 / 100
House Prices
75 / 100
70 / 100
Jobs
46 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsOverport Primary School Frankston High School
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Toorak College
Mount Eliza, VIC, 3930 Independent Prep-12 -
Overport Primary School
Frankston, VIC, 3199 State Prep-6 -
St Francis Xavier School
Frankston, VIC, 3199 Independent Prep-6 -
Frankston Primary School
Frankston, VIC, 3199 State Prep-6 -
Derinya Primary School
Frankston South, VIC, 3199 State Prep-6 -
Frankston East Primary School
Frankston, VIC, 3199 State Prep-6 -
Frankston High School
Frankston, VIC, 3199 State 7-12 -
Mount Eliza North Primary School
Mount Eliza, VIC, 3930 State Prep-6 -
Frankston Heights Primary School
Frankston, VIC, 3199 State Prep-6 -
Mount Eliza Secondary College
Mount Eliza, VIC, 3930 State 7-12
Property Story
612A Nepean Highway, Frankston South, Vic, 3199 is a residential property . The estimated distance to the sea is only 0.03km and 0.18KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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