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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 63 investment properties found in Frankton on realestateinvestar.co.nz

23 Bleakley La, Frankton

$829,000

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Contemporary Design Meets Unbeatable Convenience

This stand-alone, freehold residence delivers modern living in one of Queenstown's most connected locations, minutes from the international airport, supermarkets, cafés, retail precincts, river trails, and a short drive to Lake Wakatipu. It's just as well that this property comes with a car park, ...

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Townhouse

Otago 9300


13/9 Juniper Pl, Frankton

$1,060,000

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Completed Kawarau Villa, view to The Remarkables

Brand new Kawarau Villa for sale by owner. Excellent location, vacant possession ready for you to move in, rent out, or make a buck off the 365-day VA consent. This unit boasts one of the biggest private courtyards in the development. It's sheltered and has a wonderful view to the ...

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Townhouse

Otago 9300


220/32 Red Oaks Dr, Frankton

$260,000

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Easy Investment, Guaranteed Income, Holiday Perks

Here's an ideal way to step into the Queenstown property market - or add a low-maintenance asset to your portfolio. This one-bedroom unit in the Wyndham Garden Hotel is fully managed, meaning no day-to-day involvement is needed. Marketing, maintenance, and guest management. It's all ...

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Unit

Otago 9300


408/10 Copper Beech Ave, Frankton

$590,000

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Modern living, mountain views – exceptional...

Completed in 2020, this contemporary apartment combines elevated alpine views with easy, low-maintenance living. Perched up high, natural light pours through full-height double-glazed windows, perfectly framing the surrounding mountains. Inside, the generous open-plan layout flows into a ...

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Unit

Otago 9300


110/18 Mountain Ash Dr, Frankton

$229,000

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Fantastic Long-Term Investment - 5% + net return

Easy care investment property with a 30-year commercial guarantee which is currently returning approximately a 5% + net return. Located in one of Queenstown's most active growth areas in regard to apartment and unit development. The La Quinta Hotel is located in Remarkables Park just a short walk ...

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Unit

Otago 9300


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