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This property or other similar established properties can be acquired by our Inner Circle membership. This property may be available or it may have been acquired by our client. Submit an enquiry to learn more.

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Suitable for following Buyer Brief

Strategy Type: Buy & Hold

Investment Hold Period: Minimum 5 years

End Goal: Passive Income + Wealth Building + Tax Savings

Active or Passive Investing: Passive with minimum maintenance and ongoing involvement

Acquisition Objective: Accumulate self sustaining properties in growth areas for easy hold and get some equity to buy another one in 2 years.

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Location Highlights

• Proximity to CBD and Airport: Approximately 41 km south-east of Melbourne's Central Business District, offering reasonable access to the city.
• Shopping and Entertainment: Frankston boasts a vibrant commercial center with various retail stores, supermarkets, and dining options, providing residents with ample shopping and entertainment facilities.
• Educational Precincts: The suburb is home to several educational institutions, including primary and secondary schools, catering to families with children.
• Parks and Recreation: Frankston features numerous parks and recreational facilities, offering green spaces for outdoor activities.
• Healthcare Facilities: Residents have access to medical clinics and healthcare services within the suburb, ensuring essential health amenities are readily available.
• Restaurants and Cafes: A diverse range of dining options is available, including local cafes and restaurants that cater to various culinary preferences.
• Amenities: Frankston offers essential services, including shopping centers, schools, and recreational facilities, contributing to a well-rounded suburban lifestyle.
• Public Transport: The suburb is serviced by Frankston railway station, providing direct train services to Melbourne, enhancing connectivity for commuters.
• Vacancy Rate: Approximately 43.2% of homes are rented, indicating a stable rental market.
• Supply and Demand: The median property price for houses is approximately $730,000, with an annual capital growth of 1.39%. There were 556 house sales in the past 12 months, reflecting steady demand.
• Population Details: The population increased from 35,009 in 2011 to 36,090 in 2016, showing a growth of 3.1%. The predominant age group in Frankston is 30-39 years.
• Employment Hubs: Proximity to Melbourne CBD and local commercial centers provides residents with access to diverse employment opportunities.

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Building & pest inspections, Title search, Flood, Bushfire, Easements, Soil type, Water & sewer, Stormwater, Dual Key compliance, Supply Demand stats review, Vacancy rates stats review, Contract review, Tenant agreement review.

Our Inner Circle membership includes Due Diligence, Search, Data Research, Strategy forming, and End to End Support.