Market snapshot
Suburb insights for Frankston South3199
Change suburbFrankston South, approximately 43 km southeast of the Melbourne CBD, is a leafy and affluent suburb set among rolling hills and natural bushland, with many homes offering views over Port Phillip Bay. It’s prized for its tranquil setting, large properties, and proximity to the Sweetwater Creek Nature Reserve and Oliver’s Hill. The suburb is home to some of the area’s most sought-after schools, including Frankston High School, making it a popular choice for families and professionals seeking space and lifestyle.
Recent sales and auction results in Frankston South
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 22 The Crest , Frankston South | 3 |  | Unit | Private Sale | 30/09/2026 | Ray White Frankston | |
| 79 Kars St, Frankston South | 4 |  | House | Private Sale | 17/09/2026 | OBrien Real Estate |
Sales data
Median sale price
$1.1mil
Quarterly price change
-14.2%
Metro Melbourne Comparison
$943k
-0.7%
| Bedrooms | Frankston South | Metro comparison |
|---|---|---|
| 2 | - | $930,500 |
| 3 | $1,056,000 | $870,000 |
| 4 | $1,300,000 | $990,000 |
| Insight | Frankston South | Metro comparison |
|---|---|---|
| Clearance rate | 69.4% | |
| Days on market | 30 | 45 |
Rental data
Median weekly rent
$750
Rental yield
3.1%
Metro Melbourne Comparison
$590
3.2%
| Bedrooms | Frankston South | Metro comparison |
|---|---|---|
| 2 | - | $615 |
| 3 | $685 | $570 |
| 4 | $800 | $600 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.