Property prices for sale in Frankston (Victoria)

The prices in real estate in Frankston, in the Victoria region have had a minor rise in the last couple of months. The real estate prices for second hand homes have risen in this city.

$460,611.5
Average price last 6 months
$561.33
Price/m² last 6 months
Average price per m2

The price per m² in Frankston has increased during the last 6 months. In September, the average price per m² was $531. In the following month the price per m² increased to $561. In the following two months the price per m² has increased 107 %, going from $546 to $582 per m². The price per m² has barely changed in the last two months compared to the average price of the previous four months going from an average price of $564 to $556 during January y February

Average price

Based upon to the price in Frankston (suburbs), these have remained the same in the last 6 months. In our first sample month during September, the average price is $479,638. In October This price remains at $500,013. During the following two months (November, December) the price has had an average incrementation from $489,825.5 to $516,481.5. During the last two months the average price has had a strong fall compared to the previous four going from $503,153.5 to $375,527.5, which means a 75 % fall.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the most costly ones. At a price of $203,388 they are 15 % more expensive than the average price for Frankston. Following this ranking we find those properties with 2 at an average price of $462,037. The properties with the highest average price have 4 bedrooms, Their price is 535 % more costly than the average. After that we have properties with 3 bedrooms priced at $715,222.

With regard to the average price per m² , those properties with 1 bedroom are the most costly ones at a cost of $715 / m², with an average $293 / m² price in Frankston. The properties with the highest average prices have 4 bedrooms. They are 281 % more expensive than the average followed by properties with 2 bedrooms with a price at $933 / m².

Price per property type

With regard to the average price based upon the property in Frankston we can see that most expensive property type is "House" at a price of $976,655, they are 380 % more costly than the average price of (!PRECIO2!). "House" has the highest price. This price is 380 % more expensive than the average price aforementioned.

According to the average area price by m² the most costly property type is "House with an average price of $930 / m². "House" at an average price of $930 / m² has the most expensive price and would be directed at more affluent cities.

Charts data
Average price February
Average price per m² February
Number of properties used in Frankston
Number of properties used in region Victoria
$203,388
$293
888
370,584
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value