Frankston unit price surge tops town

Date: 6 Feb 19

Frankston had the biggest boost in median unit price across Melbourne last year, with individual buyers and investors among those driving prices.

The suburb’s median unit price rose 11.9 per cent to $445,000 in the 12 months to December 2018, according to Real Estate Institute of Victoria of figures.

Richmond’s unit market was in second place with a gain of 11.5 per cent.

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