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
39 Heatherhill Rd, Frankston3PriceHousePassed in at Auction20/02/2026Ray White - The Bayside GroupView
39 Murawa St, Frankston3PriceHousePassed in Vendor Bid20/02/2026Ray White FrankstonView
11/1-3 Skye Rd, Frankston2PriceUnitPrivate Sale10/02/2026Area Specialist KeysboroughView
34 Partridge Cr, Frankston3PriceHousePrivate Sale9/02/2026Ray White Frankston
5 Ullara Ct, Frankston4PriceHousePrivate Sale11/02/2026Ash Marton Realty
2/72 High St, Frankston2PriceFlatPrivate Sale31/01/2026Ray White FrankstonView
3/5 Lorraine St, Frankston3PriceTownhousePrivate Sale27/01/2026OBrien Real Estate

Sales data

Median sale price
$875k
Quarterly price change
2.7%
Metro Melbourne Comparison
$974k
1.8%
BedroomsFrankstonMetro comparison
2$659,000$940,000
3$807,000$851,000
4$919,000$970,000
InsightFrankstonMetro comparison
Clearance rate87.2%77.8%
Days on market2336

Rental data

Median weekly rent
$575
Rental yield
3.6%
Metro Melbourne Comparison
$580
3.2%
BedroomsFrankstonMetro comparison
2$480$585
3$560$550
4$640$600
Median data for the current quarter
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