Frankston and surrounding suburbs are some of Melbourne’s best growth suburbs under $1m.

January 30, 2017
Lorraine Bennett

Frankston City and surrounding areas are booming with property growth and still have median prices of less than 1 million dollars. According to data collected by REIV (The Real Estate Institute of Victoria) during the September quarter of 2016 Frankston, Seaford and Langwarrin were amongst the top growth rates in Melbourne. 

Frankston has had a 14.5% growth rate and its no wonder, with easy access via Peninsula Link, Eastlink and the train line. Frankston is anaffordable, family-friendly beachside suburb with access to every thing you need: schools, parks, shopping areas, Monash Uni, hospitals and much more.

During 2016’s September quarter Seaford had a 17.2% increase in property value. Seaford is a beachside suburb with a village atmosphere, train station, Eastlink access, large block sizes, shops, restaurants and cafes.

The largest growth rate in the Frankston City area was Langwarrin with a 20% rise. A semi-rural suburb with larger block sizes and access to schools, parks, recreation areas, Peninsula Link and close proximity to Karingal shopping centre, the beach, wineries and the Mornington Peninsula.

If you've been thinking of moving to any of these suburbs, contact me today on 03 9775 2430 / 0421 240 129 or send an email to lorraine.bennett@mortgagechoice.com.au to arrange an appointment to discuss your home loan options.  

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