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 Byron Ct, Frankston | 3 |  | House | Auction Sale | 30/01/2026 | OBrien Real Estate | View |
| 6 Cecil St, Frankston | 5 |  | House | Auction Sale | 30/01/2026 | OBrien Real Estate | View |
| 5-7 Pimelia Ct, Frankston | 4 |  | House | Auction Sale | 30/01/2026 | Merchan Realty Group | View |
| 28 Victoria Pde, Frankston | 2 |  | House | Auction Sale | 30/01/2026 | OBrien Real Estate | View |
| 2/64-66 Orwil St, Frankston | 2 |  | Unit | Private Sale | 7/01/2026 | Area Specialist Keysborough | |
| 1 Heath Av, Frankston | 3 |  | House | Auction Sale | 30/01/2026 | OBrien Real Estate | View |
| 1/190 Karingal Dr, Frankston | 2 | | Unit | Passed in Vendor Bid | 30/01/2026 | Merchan Realty Group | View |
| 9 Bell St, Frankston | 3 | | House | Private Sale | 18/01/2026 | OBrien Real Estate | View |
| 2/20 Mereweather Av, Frankston | 2 | | Townhouse | Private Sale | 9/01/2026 | Sayers & Co | |
| 2/10B Frome Av, Frankston | 3 | | Townhouse | Private Sale | 21/12/2025 | Barry Plant | View |
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 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.