Market snapshot
Suburb insights for Frankston3199
Change suburbFrankston, approximately 41 km southeast of the CBD, is a vibrant coastal suburb often regarded as the gateway to the Mornington Peninsula. It features a bustling town centre, Frankston Beach, the iconic pier, and the award-winning Frankston Arts Centre. With Monash University’s Peninsula campus, a growing medical precinct, quality schools, and extensive public transport, Frankston appeals to families, students, retirees, and professionals. Its blend of lifestyle, infrastructure, and seaside charm makes it a key hub in the southeast.
Recent sales and auction results in Frankston
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 24 Birdwood St, Frankston | 7 |  | House | Passed in at Auction | 24/10/2025 | Aquire Real Estate | View |
| 1A Fitzroy Av, Frankston | 2 |  | House | Sold Before Auction | 24/10/2025 | Merchan Realty Group | |
| 3/84 High St, Frankston | 2 |  | Unit | Auction Sale | 24/10/2025 | Barry Plant | |
| 55 Margate Av, Frankston | 3 |  | House | Auction Sale | 24/10/2025 | Ray White Frankston | View |
| 1/39 Williams St, Frankston | 2 |  | Unit | Auction Sale | 24/10/2025 | Merchan Realty Group | View |
| 15 Meerlu Av, Frankston | 3 |  | House | Private Sale | 21/09/2025 | Community Real Estate | |
| 74 Hillcrest Rd, Frankston | 3 | | House | Passed in at Auction | 24/10/2025 | Ray White Frankston | View |
| 2/1 Cascade St, Frankston | 2 | | Unit | Private Sale | 13/10/2025 | Ray White Frankston | View |
| 3/388-390 Nepean Hwy, Frankston | 2 | | Apartment | Private Sale | 13/10/2025 | OBrien Real Estate | View |
| 4/19-21 Lardner Rd, Frankston | 2 | | Unit | Private Sale | 1/10/2025 | OBrien Real Estate | View |
Sales data
Median sale price
$857k
Quarterly price change
5.2%
Metro Melbourne Comparison
$955k
2.7%
| Bedrooms | Frankston | Metro comparison |
|---|---|---|
| 2 | $630,550 | $910,000 |
| 3 | $769,000 | $830,000 |
| 4 | $871,500 | $951,500 |
| Insight | Frankston | Metro comparison |
|---|---|---|
| Clearance rate | 85.7% | 81.4% |
| Days on market | 27 | 36 |
Rental data
Median weekly rent
$560
Rental yield
3.7%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Frankston | Metro comparison |
|---|---|---|
| 2 | $490 | $580 |
| 3 | $550 | $550 |
| 4 | $640 | $600 |
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