Suburb

Market snapshot

Suburb insights for Frankston3199

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Frankston, 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

AddressBedroomsPriceTypeMethodSale DateAgentListing
2 Denbigh St, Frankston3PriceHousePassed in Vendor Bid31/07/2026Ray White FrankstonView
2/8-10 Joy St, Frankston2PriceUnitPrivate Sale23/07/2026Warlimont & NuttView
9 Melva Ct, FrankstonPriceLandPrivate Sale22/07/2026Ray White Frankston
14/388-390 Nepean Hwy, Frankston2PriceApartmentPrivate Sale20/07/2026Harcourts TDP GroupView
136 Skye Rd, Frankston4PriceHousePrivate Sale12/07/2026Ray White FrankstonView
205 Cranbourne Rd, Frankston4PriceHouseAuction Sale31/07/2026Ray White FrankstonView
11/435 Nepean Hwy, Frankston1PriceApartmentPrivate Sale19/07/2026OBrien Real EstateView
5/15 Gould St, Frankston3PriceUnitPrivate Sale30/06/2026Barry PlantView

Sales data

Median sale price
$860k
Quarterly price change
-1.1%
Metro Melbourne Comparison
$953k
-3.1%
BedroomsFrankstonMetro comparison
2$675,000$950,000
3$845,000$872,000
4$964,000$990,000
InsightFrankstonMetro comparison
Clearance rate76%68.8%
Days on market2342

Rental data

Median weekly rent
$590
Rental yield
3.5%
Metro Melbourne Comparison
$580
3.1%
BedroomsFrankstonMetro comparison
2$505$600
3$580$560
4$650$600
Median data for the current quarter
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