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Frankston
VIC, 3201

Thinking about buying in Frankston? Now could not be a better time, with 13454 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $814,000 with prices in this suburb ranging from $289,000 to $6,528,000. Frankston is located fairly close to the coast at just 2Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $379.18
Median Monthly Mortgage $1728.02
Median Persons Per Bedroom 0.79
Average Household Size 2.69
Average Age 37.36
Average Income $818.55
Average Cars Per Dwelling 1.86
Average Properties Within 50M 16

Housing Stock

Average Property Prices

1 Bed  $631,000
2 Bed  $647,000
3 Bed  $838,000
4 Bed  $969,000
5 Bed  $1,098,000
6 Bed+$928,000

Frankston Real Estate Market Outlook

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Frankston are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Frankston provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Frankston requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Frankston we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Frankston a better buying opportunity than it may have been in the past.

Frankston is a suburb of Melbourne, Victoria, located south-east of the city’s centre. It is a popular tourist destination due to its coastal locale, with Frankston Beach being one of the most visited in the state. Europeans settlement of the area began in 1835 in the form of an initially unofficial small fishing village, with Frankston being formally established as a village in 1954. Frankston sits just north of the Mornington peninsula, and this proximity has earned it the moniker ‘the gateway to the Mornington Peninsula’. The Local Government Area of Frankston is eponymously named Frankston City, and it lies within the equally eponymous state of Frankston. Frankston Beach is known for being the site of one of the largest sand sculpting exhibitions in the entire southern hemisphere.

Frankston is a beautiful, conveniently located seaside suburb with convenient access to the centre of Melbourne by road and by rail. It has a vibrant and distinct character, and is home to over 50 sculptures and pieces of art dotted throughout the suburb, along with having a history and culture of theatre and the performing arts. Frankston Beach is known both for its beauty and its cleanliness, being recognised as one of the cleanest seaside locations in all of Australia. Packed with excellent amenities for health, education and more and full of excitement and charm, Frankston is a perfect compromise between the city and the seaside, providing all the convenience of urban life without the city stresses.

Houses for sale Frankston

Harcourts unit 2, 27 hall rd, carrum downs, vic, 3201 Beds3 Bathrooms2 Parking 1 $550,000 - $605,000
Harcourts 14 fieldlark ct, carrum downs, vic, 3201 Beds4 Bathrooms2 Parking 2 $800,000 - $880,000
Harcourts 61 lyrebird dr, carrum downs, vic, 3201 Beds4 Bathrooms2 Parking 2 UNDER CONTRACT
Harcourts 7 lyrebird dr, carrum downs, vic, 3201 Beds4 Bathrooms2 Parking 1 $690,000 - $759,000
Harcourts 22 moorhen cr, carrum downs, vic, 3201 Beds3 Bathrooms2 Parking 2 $720,000 - $780,000
Harcourts unit 6, 5 pinewood dr, carrum downs, vic, 3201 Beds3 Bathrooms1 Parking 1 $500,000 - $545,000
Harcourts 37 mccormicks rd, carrum downs, vic, 3201 Beds Bathrooms $1,650,000 - $1,800,000
Harcourts 5 dorchester cr, carrum downs, vic, 3201 Beds Bathrooms $320,000 - $352,000
Ray White unit 82, carrum downs ret vlge, 1133 frankston-dandenong rd, carrum downs, vic, 3201 Beds2 Bathrooms1 Parking 1 420000
Ray White 1 sherbourne dr, carrum downs, vic, 3201 Beds4 Bathrooms1 Parking 2 620000
Stockdale&Leggo unit 4, 1 brunnings rd, carrum downs, vic, 3201 Beds3 Bathrooms1 Parking 1 $520,000 - $550,000

Local Schools

Banyan Fields Primary School

Carrum Downs Secondary College

Rowellyn Park Primary School

St Joachim's School

Aldercourt Primary School

Seaford Park Primary School

Skye Primary School

Patterson Lakes Primary School

Belvedere Park Primary School

Patterson River Secondary College

(While the above schools are located with the suburb of Frankston there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Frankston weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan2.514.22546.186.82.422.2
May1.98.616.855.990.61.88.2
Jun2.57.314.662.7921.96.7
Jul1.97.113.760.489.32.77.3
Aug2.28.115.356.590.82.510.7
Sept2.98.417.249.390.32.614.2
Oct2.510.218.754.389.62.516.7
Nov1.412.823.842.587.42.222

source: Australian Government Bureau of Meteorology


Internet Speed


Nearby Suburbs

Carrum DownsSeafordFrankston NorthSkyePatterson LakesCarrumBangholmeBonbeachLyndhurstCranbourne West

Public Transport


General Points of Interest

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