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
73 Playne St, Frankston3PriceHouseAuction Sale15/05/2026Ray White - The Bayside GroupView
2 Parwan Ct, Frankston3PriceHouseSold Before Auction30/04/2026OBrien Real EstateView
7 Witternberg Av, Frankston4PriceHousePassed in at Auction15/05/2026Ray White FrankstonView
6/52 Williams St, Frankston2PriceUnitPrivate Sale8/05/2026Ray White FrankstonView
45/325 Nepean Hwy, Frankston1PriceApartmentPrivate Sale4/05/2026OBrien Real EstateView
6 Kildare Ct, Frankston3PriceHousePrivate Sale30/04/2026OBrien Real Estate

Sales data

Median sale price
$880k
Quarterly price change
0.6%
Metro Melbourne Comparison
$992k
1.9%
BedroomsFrankstonMetro comparison
2$683,500$950,000
3$837,000$863,000
4$950,000$980,500
InsightFrankstonMetro comparison
Clearance rate64.9%74.9%
Days on market2237

Rental data

Median weekly rent
$580
Rental yield
3.5%
Metro Melbourne Comparison
$580
3.1%
BedroomsFrankstonMetro comparison
2$490$595
3$570$550
4$650$595
Median data for the current quarter
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