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
32/325 Nepean Hwy, Frankston 2 Unit Auction Sale 15/06/2024 Hall & Partners First National
2/51 Aquarius Dr, Frankston - House (Res) Private Sale 07/06/2024 Ray White Frankston
3 Gaynor Ct, Frankston - House (Res) Private Sale 04/06/2024 Ray White Frankston
2 Benanee Dr, Frankston 4 House (Res) Private Sale 28/05/2024 OBrien Real Estate
206 Cranbourne Rd, Frankston 3 House (Res) Private Sale 25/05/2024 OBrien Real Estate Seaford

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$736k

Metro Melbourne

$929k

Quarterly Price Change

-1.3%

Metro Melbourne

2%

Median Rent

$510

Metro Melbourne

$550

Rental Yield

3.6%

Metro Melbourne

3.1%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 70.6% 75.3%
Days on Market 26 40
Median price by Bedrooms Suburb Metro
2 Bedrooms $560,000 $920,000
3 Bedrooms $713,480 $810,000
4 Bedrooms $800,000 $965,000

Rental Data

Median rent by Bedrooms Suburb Metro
2 Bedrooms $450 $550
3 Bedrooms $500 $520
4 Bedrooms $599 $575

Median data for March Quarter 2024. Click here for details.

Median Sale Price

$505k

Metro Melbourne

$635k

Quarterly Price Change

-3.3%

Metro Melbourne

0.3%

Median Rent

$423

Metro Melbourne

$520

Rental Yield

4.4%

Metro Melbourne

4.3%

Sales Data

Insight (Houses & Units) Suburb Metro
Clearance Rate 70.6% 75.3%
Days on Market 26 40
Median price by Bedrooms Suburb Metro
1 Bedroom $160,000 $370,000
2 Bedrooms $475,000 $600,000
3 Bedrooms $630,000 $855,000

Rental Data

Median rent by Bedrooms Suburb Metro
1 Bedroom $300 $450
2 Bedrooms $425 $540
3 Bedrooms $500 $620

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