Across the nation CREW lists data for 5162 neighbourhoods, and this month Frankville is number 2209 putting it in the top half of the country .
When our research team crunched the numbers we calculated that Frankville has a median home price of $239,900.
From our data, it appears that neighbourhood is number 3570th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the bottom 30.
As one of Ontario’s many potential real estate investment neighbourhoods, Frankville needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
Because the amount of real estate listed for sale has decreased it looks like housing market forces in neighbourhood are likely to put upwards pressure on house prices.
There are a number of important pieces of research you should do before deciding where to buy an investment property – this data for Frankville will hopefully provide an indicator to help you where to research in-depth
Stock on the market can be an important leading indicator of whether market pressure will be on prices to rise or fall – in Frankville there is about the same amount of stock than three months ago. This would indicate housing stock pressure remaining the same.