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 |
|---|---|---|---|---|---|---|---|
| 2/30 Gairloch Dr, Frankston | 2 | Unit | Private Sale | 5/03/2026 | Ray White Frankston | View | |
| 2 Alice Gr, Frankston | 3 | House | Private Sale | 25/03/2026 | Buxton | ||
| 1/6 Phillip St, Frankston | 3 | House | Private Sale | 20/03/2026 | Ash Marton Realty | ||
| 1 Romme Cl, Frankston | 4 | House | Private Sale | 18/03/2026 | OBrien Real Estate | View | |
| 3 Marlo Pl, Frankston | 4 | House | Private Sale | 4/03/2026 | Ash Marton Realty | ||
| 2/5 Logan St, Frankston | 4 | Townhouse | Private Sale | 2/03/2026 | Barry Plant |
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 |

Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.