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Investment Property Frankton, Otago

Suburb Snapshot

Frankton is a suburb in the Queenstown-Lakes Region of Otago. Frankton has a population of 2,431 people and 45.93% of its occupants live in rental accommodation. The median listing price for houses is $1,272,500 and this has changed -15.03% over the past year and changed 15.19% over 2 years.

The median rent in Frankton for houses is $985 per week and the median rental yield is 4.03%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 80 days.The median listing price for units is $654,000 and this has changed -15.83% over the past year. The average unit takes 172 days to sell and the median rent for a unit in Frankton is $690 per week, producing a rental yield of 5.49%.

Supply & Demand in Frankton, Queenstown-Lakes

27,895

Population


37.12%

Rental population


202,732

Population


29.35%

Rental population


This is information is brought to you by realestateinvestar.co.nz - The online home for property investors

Statistical data for Frankton, Queenstown-Lakes

  House Townhouses Units
Median listing price $1,272,500 NA $654,000
Median price change - last quarter 0.00% NA -1.35%
Median price change - 1 year -15.03% -15.83% -15.83%
Median price change - 2 years 15.19% NA 3.74%
  House Townhouses Units
Median weekly rent $985 $1,050 $690
Median yield % 4.03% NA 5.49%
Median rent change - 1 year 31.33% 16.67% 38.00%
  House Units
Average days on market 80 172

Frankton investment property listings

Showing 5 of 34 investment properties found in Frankton on realestateinvestar.co.nz

20/1066 Frankton Rd, Frankton

$629,000

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Gateway to Queenstown Property

Introducing a promising corner unit in the Queenstown Gateway Apartments, located in Frankton, offering exceptional potential for transformation and investment. This property boasts a spacious layout, featuring a full sized kitchen, a cosy lounge, and a separate dining area on the lower level. ...

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Unit

Otago 9300


2 OMeara St, Frankton

$869,000

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Five Mile Villas, Frankton, Queenstown

Proudly introducing Five Mile Villas, brought to you by renowned developer Gibbons Co. Located in Queenstown, New Zealand, Five Mile Villas will consist of 226 standalone residential homes nestled in Frankton. Set to be completed by early 2025, these residences present an enticing blend of stylish ...

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House

Otago 9300


3 OMeara St, Frankton

$854,000

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Standalone, two-bed villas at Five Mile, Frankton

Proudly introducing Five Mile Villas, brought to you by renowned developer Gibbons Co. Located in Queenstown, New Zealand, Five Mile Villas will consist of 226 standalone residential homes nestled in Frankton. Set to be finalized by early 2025, these residences present an enticing blend of stylish ...

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House

Otago 9300


114/16 Mountain Ash Dr, Frankton

$699,000

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Views, Stylish Design and Competitive Pricing!

Whether you're seeking a permanent home, a convenient lock-and-leave solution, or a smart investment opportunity, this property demands serious attention. Located within the popular LQ complex, this meticulously maintained apartment offers breathtaking, uninterrupted vistas of the Remarkables ...

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Otago 9300


4 Lake Ave, Frankton

$385,000

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Exclusive Frankton Studios!

Presenting a rare opportunity to own a piece of paradise right above Frankton Beach, close to the amenities of Frankton and just a short distance from Central Queenstown. With unparalleled sunset views and a prime location, these studios offer a lifestyle of tranquility and convenience or your ...

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Otago 9300


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