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
$636k
Quarterly price change
-13.2%
Metro Melbourne Comparison
$943k
-0.7%
| Bedrooms | Frankston North | Metro comparison |
|---|---|---|
| 2 | - | $930,500 |
| 3 | $700,000 | $870,000 |
| 4 | $722,000 | $990,000 |
| Insight | Frankston North | Metro comparison |
|---|---|---|
| Clearance rate | 83.3% | 69.4% |
| Days on market | 31 | 45 |
Rental data
Median weekly rent
$520
Rental yield
3.9%
Metro Melbourne Comparison
$590
3.2%
| Bedrooms | Frankston North | Metro comparison |
|---|---|---|
| 2 | - | $615 |
| 3 | $510 | $570 |
| 4 | - | $600 |
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