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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 $864,000 and this has changed -32.10% over the past year and changed -15.03% over 2 years.

The median rent in Frankton for houses is $995 per week and the median rental yield is 5.99%. Stock on the market for houses/townhouses has changed NA compared to last year and the average time to sell a house/townhouse is 57 days.The median listing price for units is $649,000 and this has changed 0.00% over the past year. The average unit takes 110 days to sell and the median rent for a unit in Frankton is $630 per week, producing a rental yield of 5.05%.

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 $864,000 NA $649,000
Median price change - last quarter -13.36% NA -0.76%
Median price change - 1 year -32.10% 0.00% 0.00%
Median price change - 2 years -15.03% NA -16.47%
  House Townhouses Units
Median weekly rent $995 $895 $630
Median yield % 5.99% NA 5.05%
Median rent change - 1 year 1.02% -14.76% -8.70%
  House Units
Average days on market 57 110

Frankton investment property listings

Showing 5 of 60 investment properties found in Frankton on realestateinvestar.co.nz

35 Delaney Loop, Frankton

$789,000

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Sharpest price, serious opportunity

Our lovely vendor has committed elsewhere and needs a quick result, so this Five Mile villa is priced to sell...now! 35 Delaney Loop is an easy-care, freehold two-bedroom villa in Five Mile Villas, a recent development by Gibbons Co. Less than a year old, this standalone ...

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House

Otago 9300


002/16 Mountain Ash Dr, Frankton

$600,000

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Invest Today. Nest Tomorrow. Furnished 5% yield!

Getting onto the Queenstown property ladder isn't always easy, and finding a low-maintenance investment that's already furnished and generating rental income is an opportunity worth considering. Whether you're ready to stop renting, looking to downsize without compromising on ...

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Unit

Otago 9300


107/30 Red Oaks Dr, Frankton

$595,000

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Everything in Place for Everyday Living

Offering comfort, convenience and a well-connected location, Unit 107, 30 Red Oaks Drive presents a fully furnished one-bedroom apartment, thoughtfully set up for immediate enjoyment. The open-plan living, kitchen and dining area creates a welcoming, functional space, with doors opening ...

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Unit

Otago 9300


48 Elm Tree Ave, Frankton

$1,675,000

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A Fantastic Find in Frankton

A prime location and position with serious potential - If you've been waiting for a family sized home with a decent yard to come along, this is it. Tucked away in a quiet cul-de-sac, moments from shops, schools, cafes, restaurants and parks. Walk or bike where you need to go and leave ...

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House

Otago 9300


1&1A/16 Mountain Ash Dr, Frankton

$859,000

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Investment Opportunity Returning $1,150 Per Week

This dual key property is currently earning $1,150 per week, which represents a gross yield of 6.95%, offering investors an established income from day one. Get in touch for the property details or to arrange a viewing of this dual-key property in the sought-after LQ complex situated in the heart ...

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Unit

Otago 9300


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