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 |
|---|---|---|---|---|---|---|---|
| 6/56 Gould St, Frankston | 3 |  | Townhouse | Passed in at Auction | 13/03/2026 | Ray White Frankston | View |
| 41 Kareela Rd, Frankston | 4 |  | House | Auction Sale | 13/03/2026 | OBrien Real Estate | View |
| 21 Kilburn Cr, Frankston | 4 |  | House | Auction Sale | 13/03/2026 | OBrien Real Estate | View |
| 59A Orwil St, Frankston | 3 |  | Unit | Auction Sale | 13/03/2026 | Ray White Frankston | View |
| 6/71 Gould St, Frankston | 2 | | Unit | Auction Sale | 13/03/2026 | OBrien Real Estate | View |
| 545 Nepean Hwy, Frankston | | Land | Passed in at Auction | 13/03/2026 | Barry Plant | ||
| 9 Swift St, Frankston | 3 | | House | Auction Sale | 13/03/2026 | Barry Plant | |
| 5 Glendenning Ct, Frankston | 4 | | House | Private Sale | 26/02/2026 | Marshall White | View |
| 1 Cricklewood Av, Frankston | 3 | | House | Private Sale | 18/02/2026 | OBrien Real Estate | |
| 144/325 Nepean Hwy, Frankston | 1 | | Apartment | Private Sale | 12/02/2026 | OBrien Real Estate | |
| 58 Cliff Rd, Frankston | 4 | | House | Private Sale | 3/02/2026 | Barry Plant |
Sales data
Median sale price
$875k
Quarterly price change
2.7%
Metro Melbourne Comparison
$974k
1.8%
| Bedrooms | Frankston | Metro comparison |
|---|---|---|
| 2 | $659,000 | $940,000 |
| 3 | $807,000 | $851,000 |
| 4 | $919,000 | $970,000 |
| Insight | Frankston | Metro comparison |
|---|---|---|
| Clearance rate | 87.2% | 77.8% |
| Days on market | 23 | 36 |
Rental data
Median weekly rent
$575
Rental yield
3.6%
Metro Melbourne Comparison
$580
3.2%
| Bedrooms | Frankston | Metro comparison |
|---|---|---|
| 2 | $480 | $585 |
| 3 | $560 | $550 |
| 4 | $640 | $600 |
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