Artist impression
Bayside Townhouses
3-5 Mereweather Avenue, Frankston VIC 3199
3 units ·
- 3-bed × 2 · $885k–$995k
- 4-bed × 1 · from $895k
Entry price
$885k–$995k
from / to
Gross yield
4.34%
operator-set rent estimate
Suburb unit median
$523k
VGV 2024
Entry vs median
—
sizes not comparable
Off the plan
Price list
| Unit | Level | Type | Beds | Baths | Area (m²) | Parking | Price | Yield | Actions |
|---|---|---|---|---|---|---|---|---|---|
| 4 | TH | Unit 4 | 4 | 4 | 150 | Double stacker garage | $895,000 | 4.47% | |
| 6 | TH | Unit 6 | 3 | 4 | 167 | Double stacker garage | $995,000 | 4.13% | |
| 7 | TH | Unit 7 | 3 | 3.5 | 148 | Double stacker garage | $885,000 | 4.41% |
Unit 4$895,000
4 bed · 4 bathLevel THType Unit 4 · 150 m²Double stacker garage4.47% gross yield
Unit 6$995,000
3 bed · 4 bathLevel THType Unit 6 · 167 m²Double stacker garage4.13% gross yield
Unit 7$885,000
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
$5,958 – $5,980/m²
size-normalised across the bedroom mix
+$139k 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.