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
20 Manorwoods Dr, Frankston4PriceHousePrivate Sale24/09/2026Harcourts Hastings
305/15 Ebdale St, Frankston2PriceApartmentPrivate Sale21/09/2026Buxton Mount ElizaView
30 Kimba Av, Frankston4PriceHousePassed in at Auction2/10/2026Aquire Real EstateView
9 Inglis Av, Frankston4PriceHouseSold Before Auction29/09/2026Barry Plant
5 Russett Ct, Frankston3PriceHousePrivate Sale22/09/2026Harcourts TDP GroupView
3A Friswell Pl, Frankston2PriceUnitSold Before Auction17/09/2026Barry Plant
606/435 Nepean Hwy, Frankston1PriceApartmentPrivate Sale26/08/2026LJ Hooker City Residential

Sales data

Median sale price
$860k
Quarterly price change
-1.1%
Metro Melbourne Comparison
$953k
-3.1%
BedroomsFrankstonMetro comparison
2$675,000$950,000
3$845,000$872,000
4$964,000$990,000
InsightFrankstonMetro comparison
Clearance rate76%68.8%
Days on market2342

Rental data

Median weekly rent
$590
Rental yield
3.5%
Metro Melbourne Comparison
$580
3.1%
BedroomsFrankstonMetro comparison
2$505$600
3$580$560
4$650$600
Median data for the current quarter
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