Frankston has been a hotspot for first home buyers and investors over the last 12 months. Consider then all the planned developments of the area, like the new train station and foreshore, it’s only going to get more popular.
Similarly to another suburb profile we recently posted for Wandin North, Frankston is located 41km from Melbourne’s CBD. It has a range of freeways and roads leading south, and from some areas such as Bayside or Knox it’s a short 30 min trip. You’re perfectly placed to access the peninsula and all it has to offer, whilst only being an hour from the airport.
Frankston also has 49 parks covering nearly 6.3% of total area, which is perfect if you’re looking for somewhere suited to families and pets with a great community feel. The population of Frankston has increased by 3.1% over the last few years, and the time houses are listed before they’re snapped up is continuously decreasing. It’s definitely somewhere to consider if you’re in the market!
You’re looking at around $400,000 for a unit, and around $600,000 for a house – all within a short distance to Frankston foreshore, Bayside Shopping Centre and everything in between. Below are some stats with more information.
If you’d like to chat about how you could get into Frankston, contact us today!