All About Seaford, Frankston, VIC, 3198

Seaford, located in the Frankston region of Victoria, offers an intriguing snapshot of the housing market on the Mornington Peninsula. Traditionally a coastal suburb with a desirable seaside charm, Seaford has seen a steady rise in property values as more families and young professionals seek a blend of affordable living and proximity to beaches. The housing market here is diverse, featuring a mix of older, classic coastal homes and new developments that cater to modern living preferences. In recent years, there has been a noticeable trend towards renovation and redevelopment, which has injected a fresher look into the suburb's housing landscape. Despite this increase in demand and property prices, Seaford remains relatively affordable compared to some of its neighboring beachside suburbs, offering first-time buyers and investors a valuable entry point into the property market.

Living in Seaford is characterized by a laid-back, community-focused lifestyle. Residents enjoy access to stunning natural attractions, including Seaford Beach and the nearby Kananook Creek Reserve, which offer abundant recreational opportunities such as swimming, kayaking, and picnicking. The suburb boasts a strong sense of community, supported by local schools, sports clubs, and a variety of dining options that cater to different tastes. The public transport links, primarily the Seaford railway station, ensure that Melbourne's bustling city center is just a train ride away, making Seaford an attractive option for commuters. Additionally, the suburb's access to major roadways, shopping centers, and healthcare facilities further enhances its appeal. Seaford's blend of natural beauty, community spirit, and practical amenities makes it a desirable place to call home.

Seaford Real Estate Market Outlook

Thinking about buying in Seaford? Now could not be a better time, with 12157 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $966,000 with prices in this suburb ranging from $267,000 to $3,335,000. Seaford 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. 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 Seaford due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Seaford 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 Seaford 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. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!