25/8 Samada Street, Frankston VIC 3199
25/8 Samada Street, Frankston VIC 3199
2 bed townhouse | 95mΒ² lot | 1970 build | Rental yield potential| Compact entry-level option in established street.
This two-bedroom townhouse on a 95sqm lot suits downsizers or first-home buyers seeking low-maintenance living near local schools. Its modest land size supports straightforward use as a single-level or compact two-storey residence, ideal for those prioritising ease over expansion. Built in 1970, it aligns with the older strata developments along the street, where similar units provide reliable shelter without the upkeep of larger homes. In this pocket of Frankston, properties like this attract investors eyeing steady rental returns, given its history of consistent leasing around $430-$495 weekly. First-time owners also gravitate here for the single car space and fenced yard that fit urban lifestyles. Comparable townhouses in the immediate area hold value through school catchments like Overport Primary and Frankston High, bolstering long-term demand from families. The small lot limits redevelopment but ensures affordability in a market where bigger blocks command premiums. NBN and 5G coverage add practical appeal for remote workers. Overall, its position offers holding stability amid Frankston’s measured growth.
Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ
Market Insight:
Frankston is a major bayside centre offering beaches, retail, healthcare, and transport infrastructure. Housing demand is driven by families and investors seeking coastal living at relatively accessible price points compared with inner bayside suburbs. House prices have seen strong long-term growth, particularly as lifestyle buyers have moved toward the Mornington Peninsula corridor. The suburb also benefits from its role as a major regional hub.