Property valuations in Frankston

Frankston covers a wide range of housing and price points, from foreshore property with bay outlook through established post-war suburban stock to newer development inland. The sub-markets do not move together, so drawing comparable evidence from the correct pocket matters more here than in a smaller, more uniform suburb.

Bayside and the Peninsula are driven by land, position and outlook more than by dwelling. Proximity to the water, aspect and elevation can matter more than the house standing on the site, and a good deal of the stock is held as a second or holiday home, which gives the market a seasonal rhythm. Prestige properties here also produce thin comparable evidence, which is exactly when a considered valuation earns its fee.

Frankston covers a wide range of housing and price points, from foreshore property to established suburban stock further inland. Drawing evidence from the correct pocket is more important here than in a smaller suburb.

What we weigh here

• Distance to the foreshore, aspect, elevation and outlook
• Land size and redevelopment potential, often exceeding the value of the existing dwelling
• Thin comparable sales at the prestige end, requiring careful selection and adjustment
• Holiday and second-home ownership, and the seasonality that comes with it

Automated online estimates can't assess any of these. That's the gap a valuation fills.