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 |
|---|---|---|---|---|---|---|---|
| 16 Royle St, Frankston | 3 |  | House | Private Sale | 19/04/2026 | OBrien Real Estate | View |
| 118 Franciscan Av, Frankston | 3 |  | House | Private Sale | 13/04/2026 | Ray White Frankston | View |
| 3/127 Beach St, Frankston | 2 |  | Apartment | Passed in at Auction | 24/04/2026 | Barry Plant | |
| 5 Morley Ct, Frankston | 3 | | House | Private Sale | 7/04/2026 | OBrien Real Estate | View |
Sales data
Median sale price
$880k
Quarterly price change
0.6%
Metro Melbourne Comparison
$992k
1.9%
| Bedrooms | Frankston | Metro comparison |
|---|---|---|
| 2 | $683,500 | $950,000 |
| 3 | $837,000 | $863,000 |
| 4 | $950,000 | $980,500 |
| Insight | Frankston | Metro comparison |
|---|---|---|
| Clearance rate | 64.9% | 74.9% |
| Days on market | 22 | 37 |
Rental data
Median weekly rent
$580
Rental yield
3.5%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Frankston | Metro comparison |
|---|---|---|
| 2 | $490 | $595 |
| 3 | $570 | $550 |
| 4 | $650 | $595 |
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