Market snapshot
Suburb insights for Frankston3199
Change suburbFrankston 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.
Sales data
Median sale price
$747k
Quarterly price change
4.5%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | Frankston | Metro comparison |
|---|---|---|
| 2 | $575,000 | $888,000 |
| 3 | $711,000 | $807,000 |
| 4 | $818,000 | $950,000 |
| Insight | Frankston | Metro comparison |
|---|---|---|
| Clearance rate | 68.8% | 72.6% |
| Days on market | 29 | 43 |
Rental data
Median weekly rent
$550
Rental yield
3.9%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Frankston | Metro comparison |
|---|---|---|
| 2 | $465 | $575 |
| 3 | $540 | $550 |
| 4 | $620 | $600 |
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