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Bayside Townhouses
Artist impression
Artist's impression, project overview

Bayside Townhouses

3 units ·
  • 3-bed × 2 · $890k–$1.00m
  • 4-bed × 1 · from $900k
Entry price
$890k–$1m
from / to
Gross yield
4.34%
operator-set rent estimate
Suburb unit median
$523k
VGV 2024
Entry vs median
—
sizes not comparable

Under construction · Completes Q3 2027

Price list

3 units
Beds
Status
Price–
Unit 4$900,000
4 bed · 4 bathLevel THType Unit 4 · 150 m²Double stacker garage4.47% gross yield
Unit 6$1,000,000
3 bed · 4 bathLevel THType Unit 6 · 167 m²Double stacker garage4.13% gross yield
Unit 7$890,000
3 bed · 3.5 bathLevel THType Unit 7 · 148 m²Double stacker garage4.41% gross yield

Suburb intelligence

Frankston unit median $610k

Quarter

▼ 1.2%

Year

▲ 7.7%

Gross yield—
Median rent$480/wk
Clearance—
Days on market—

REIV · Mar-26 quarter

$5,988 – $6,014/m²

size-normalised across the bedroom mix

+$140k over 10 yrs

new build vs established, after tax · run the numbers ↗

VGV Frankston unit median · new-build calc: VIC · 37% bracket · 20% deposit · 6.5% interest · 4.2% yield · 7% growth · 10-yr hold.

Who lives here

Population

37,331

Median age

39

VIC: 38

Household income

$1,387

-21% vs VIC

Labour force

58.7%

VIC: 62.4%

Age profile: the 25-34 cluster

FrankstonVictoria
0-14
17%
15-24
11%
25-34
16%
35-44
14%
45-54
13%
55-64
12%
65-74
10%
75+
8%

Project documents

Brochures· sign in to download