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Frankston North vs Nurran

Property investment comparison - Frankston North, VIC 3200 vs Nurran, VIC 3888

Head-to-head across core investment metrics: Frankston North wins 2, Nurran wins 0. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricFrankston NorthNurran
Median house price$715K$715K
Median unit price$605K-
Gross rental yield (houses)3.78%3.28%
Gross rental yield (units)4.10%-
1-year house growth+13.3%-
3-year house growth+24.6%-
Vacancy rate0.9%1.1%
Population5,7117

Frankston North vs Nurran: what the numbers say

Houses cost about the same in both suburbs: the median house price is $715K in Frankston North and $715K in Nurran.

On cash flow, Frankston North leads: houses there return a gross rental yield of 3.78%, compared with 3.28% in Nurran, a gap of 0.50 percentage points.

Rental vacancy is 0.9% in Frankston North and 1.1% in Nurran, so landlords in Frankston North face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Frankston North is the bigger suburb, with a population of 5,711 against 7, roughly 816 times the size of Nurran; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Frankston North for rental income, Frankston North for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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