Profile for Frankston

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Frankston is located 41 km south of the CBD. Frankston is the major commercial retail educational and trasnport centre in Melbourne's outer south servicing a large hinterland including the Mornington Peninsula. The major commercial area is located between Nepean Hwy and the railway station although Karingal Hub Shopping Centre is located in the east of the suburb. Frankston also features Monash University - Peninsula Campus the Peninsula Institute of TAFE and Frankston Hospital as well as a number of golf courses.

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Recent Sales & Auction Results in Frankston

Address Price Type Method Sale Date Agent
Property List
20 Mcmurtry Way, Frankston 4 House (Res) Private Sale 19/03/2024 Harcourts Frankston
3/15 Williams Rd, Frankston 3 Unit Expression of Interest 18/03/2024 Belle Property Mornington
44 Ferndale Dr, Frankston - House (Res) Private Sale 01/03/2024 Ray White Frankston
4 Sassafras Dr, Frankston 3 House (Res) Auction Sale 23/03/2024 Ray White Frankston
12/17-21 Mereweather Av, Frankston 2 Townhouse (Res) Private Sale 27/02/2024 OBrien Real Estate
1/4 Royle St, Frankston 2 Unit Private Sale 26/02/2024 Ash Marton Realty
3B Silas Av, Frankston 3 House (Res) Private Sale 13/07/2023 Barry Plant

Median data for December Quarter 2023. Click here for details.

Median Sale Price

$748k

Metro Melbourne

$909k

Quarterly Price Change

3.9%

Metro Melbourne

-2.2%

Median Rent

$500

Metro Melbourne

$550

Rental Yield

3.6%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 73.8% 72.5%
Days on Market 27 40
Median price by Bedrooms Suburb Metro
2 Bedrooms $600,000 $920,000
3 Bedrooms $705,000 $815,000
4 Bedrooms $785,000 $970,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $450 $540
3 Bedrooms $495 $500
4 Bedrooms $595 $560

Median data for December Quarter 2023. Click here for details.

Median Sale Price

$525k

Metro Melbourne

$633k

Quarterly Price Change

15.4%

Metro Melbourne

-0.1%

Median Rent

$400

Metro Melbourne

$500

Rental Yield

4.4%

Metro Melbourne

4.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 73.8% 72.5%
Days on Market 27 40
Median price by Bedrooms Suburb Metro
1 Bedroom $160,000 $370,000
2 Bedrooms $468,000 $600,000
3 Bedrooms $620,000 $850,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $280 $420
2 Bedrooms $410 $520
3 Bedrooms $480 $600

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