Frankston's top neighborhoods for real estate investment
Frankston is a fast-growing suburb located in the southeast of Melbourne, just under an hour's drive from the city center. The suburb has long been popular with families and retirees, due to its excellent beaches, parks, and community facilities. However, in recent years, investors have started to take notice of Frankston's potential, with many snapping up properties in the suburb's top-performing neighborhoods.
The Seaford Rise Estate
The Seaford Rise Estate is one of Frankston's most sought-after neighborhoods for real estate investment. Located just five minutes' drive from the beach, this leafy enclave is home to some of the suburb's most exclusive properties, with large, modern homes set on spacious blocks of land. The area is particularly popular with families, thanks to its safe, quiet streets and excellent local schools. Properties in the Seaford Rise Estate are also in high demand among renters, making this an excellent option for investors looking for long-term rental income.
The Mount Erin Estate
The Mount Erin Estate is another top-performing neighborhood for real estate investment in Frankston. This area is located on a gentle slope, giving many of the properties here stunning views over the surrounding countryside. The neighborhood is home to a mix of modern, architecturally designed homes and classic, period properties, offering something for every taste and budget. The Mount Erin Estate is also very well located, with easy access to the local shops and amenities, as well as the beach and the Frankston CBD.
The Long Island Estate
The Long Island Estate is a prestigious neighborhood of Frankston, located on its own private island. Properties in this area are highly sought-after for their exclusive location, stunning views, and luxurious amenities, such as private marinas and tennis courts. This neighborhood is perfect for investors looking to build a high-end property portfolio, with prices for homes here starting at around $1 million. Properties in the Long Island Estate are in high demand among both renters and owner-occupiers, thanks to the area's excellent facilities and easy access to the beach and local shops.
The Peninsula Gateway Estate
The Peninsula Gateway Estate is a newer development located on the southern outskirts of Frankston. This area has become increasingly popular with investors in recent years, thanks to the high quality of the homes and the excellent facilities on offer. Properties in the Peninsula Gateway Estate are contemporary and spacious, with many featuring open-plan living areas and outdoor entertaining spaces. The area is also very well located, with easy access to the freeway and local shops and schools. This neighborhood is ideal for investors looking to build a diversified property portfolio, with prices for homes here starting at around $500,000.
In conclusion, these four neighborhoods are among the best options for real estate investment in Frankston. Whether you are a first-time investor looking to build your property portfolio or an experienced investor looking to diversify your holdings, these neighborhoods offer excellent potential for long-term returns.
