Market snapshot
Suburb insights for Frankston North3200
Change suburbFrankston North, approximately 38 km southeast of the Melbourne CBD, is a residential area renowned for its affordability and family-friendly amenities. With large blocks, schools, and parks, including Monterey Reserve and Pat Rollo Reserve, the suburb is attracting new interest from first-home buyers and renovators. Easy access to the freeway and nearby beaches enhances its appeal for budget-conscious families and investors.
Sales data
Median sale price
$739k
Quarterly price change
5%
Metro Melbourne Comparison
$974k
1.8%
| Bedrooms | Frankston North | Metro comparison |
|---|---|---|
| 2 | - | $940,000 |
| 3 | $689,500 | $851,000 |
| 4 | $770,000 | $970,000 |
| Insight | Frankston North | Metro comparison |
|---|---|---|
| Clearance rate | 86.4% | 77.8% |
| Days on market | 28 | 36 |
Rental data
Median weekly rent
$500
Rental yield
3.7%
Metro Melbourne Comparison
$580
3.2%
| Bedrooms | Frankston North | Metro comparison |
|---|---|---|
| 2 | - | $585 |
| 3 | $495 | $550 |
| 4 | - | $600 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.