Property prices for sale in Frankston (Victoria)

The price per m² in Frankston has fallen in the last 6 months. In October, the average price per m² was $561. In November this price pretty much remained the same at a value of $571 per m². The price for the following two months in (December, January) had a considerable increment of 125 %. The price per m² has had a considerable deflation of 47 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per m² of $636 to $298 during February, and March.

Based upon to the price in Frankston (suburbs), this has fallen considerably in the last 6 months. In our first sample month during October, the average price is $500,013. In November This price remains at $511,950. During the following two months (December, January) the price has had an average incrementation from $505,981.5 to $534,340. During the last two months the average price has had a strong fall compared to the previous four going from $520,160.75 to $211,194, which means a 41 % fall.

The graph displaying the average price for bedrooms illustrates that those properties with 3 bedrooms are the cheapest ones. At a price of $219,000 they are 12 % more affordable than the average price for Frankston. The properties with the highest average price have 1 bedroom, Their price is 270 % more costly than the average. After that we have properties with 4 bedrooms priced at $281,922.

With regard to the average price per m² , those properties with 3 bedrooms are the cheapest ones at a cost of $233 / m², with an average $303 / m² price in Frankston. The properties with the highest average prices have 1 bedroom. They are 658 % more expensive than the average followed by properties with 2 bedrooms with a price at $416 / m².

With regard to the average price based upon the property in Frankston we can see that the cheapest property type is "House" at a price of $200,250, they are 9 % more affordable than the average price of (!PRECIO2!). "House" has the lowest price. This price is 9 % more affordable than the average price aforementioned.

According to the average area cost by m² the cheapest property type is "House with an average price of $242 / m². "House" with an average cost of $242 / m² has the lowest price and would be directed at less affluent cities.