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
9/33-35 Cranbourne Rd, Frankston2PriceUnitPrivate Sale18/08/2026Ray White Frankston
4 Gaynor Ct, Frankston3PriceHousePrivate Sale14/08/2026Ray White Frankston
1/218 Heatherhill Rd, Frankston3PriceHousePrivate Sale12/08/2026Ray White Frankston
10/392-394 Nepean Hwy, Frankston2PriceApartmentPrivate Sale11/08/2026Ray White Frankston
4 Bindi Cl, Frankston3PriceHousePrivate Sale31/07/2026Ray White FrankstonView
207/16 Clyde Street Mall, Frankston2PriceApartmentPrivate Sale31/07/2026Ray White FrankstonView
2 Denbigh St, Frankston3PriceHousePrivate Sale4/08/2026Ray White FrankstonView
1 Dunraven Ct, Frankston3PriceHousePrivate Sale3/08/2026Barry Plant
6/56 Gould St, Frankston3PriceTownhousePrivate Sale2/08/2026Ray White Frankston

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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