
Artist impression
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
4 bed · 4 bathLevel THType Unit 4 · 150 m²Double stacker garage4.47% gross yield
3 bed · 4 bathLevel THType Unit 6 · 167 m²Double stacker garage4.13% gross yield
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
17%
11%
16%
14%
13%
12%
10%
8%
Project documents
Brochures