Frankston South: Coastal Living with Modern Amenities
Frankston South, located approximately 50 kilometers southeast of Melbourne's Central Business District, is a sought-after suburb known for its tranquil beaches, lush parks, and family-friendly environment. The area boasts a mix of architectural styles, from contemporary homes to charming period houses, catering to a variety of preferences.
The suburb is home to reputable educational institutions, including Frankston High School, renowned for its academic excellence. Recreational facilities are abundant, with the Frankston Nature Conservation Reserve and Sweetwater Creek offering scenic walking trails and picnic spots. The local shopping precincts provide a range of retail and dining options, enhancing the suburb's appeal.
Frankston South's real estate market has shown consistent growth. The median house price is approximately $1,177,500, with annual capital growth of 4.43%. Rental yields are also favorable, with a median rent of $650 per week, offering an annual rental yield of 3.14%
Nature enthusiasts will appreciate the abundance of green spaces in Frankston South. The Frankston Nature Conservation Reserve and Sweetwater Creek provide residents with ample opportunities for outdoor activities, from leisurely walks to bird watching. These natural reserves enhance the suburb's appeal, offering a serene environment amidst urban development.
The local shopping precincts cater to a variety of needs, featuring a mix of retail stores, cafes, and restaurants. This blend of amenities ensures that residents have access to essential services and leisure activities within close proximity.