Frankston
VIC, 3199
Thinking about buying in Frankston? Now could not be a better time, with 24732 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $862,000 with prices in this suburb ranging from $58,000 to $8,176,000. Frankston is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices
Household Makeup
| Median Weekly Rent | $353.85 |
| Median Monthly Mortgage | $1690.28 |
| Median Persons Per Bedroom | 0.76 |
| Average Household Size | 2.30 |
| Average Age | 38.66 |
| Average Income | $737.25 |
| Average Cars Per Dwelling | 1.60 |
| Average Properties Within 50M | 28 |
Housing Stock
Average Property Prices
| 1 Bed $504,000 |
| 2 Bed $610,000 |
| 3 Bed $914,000 |
| 4 Bed $1,090,000 |
| 5 Bed $1,329,000 |
| 6 Bed+$1,202,000 |
Frankston Real Estate Market Outlook
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Frankston due to other areas being out of the price range and the trend to working from home, "gentrification" may incease 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. Lower than average population density constrains growth in Frankston to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. 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
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Local Schools
Ballam Park Primary School
Frankston Heights Primary School
Overport Primary School
Frankston East Primary School
Karingal Primary School
Frankston Primary School
Karingal Heights Primary School
Naranga Special School
Kingsley Park Primary School
Frankston Special Developmental School
(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
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 | |
|---|---|---|---|---|---|---|---|
| Jan | 2.5 | 14.2 | 25 | 46.1 | 86.8 | 2.4 | 22.2 |
| May | 1.9 | 8.6 | 16.8 | 55.9 | 90.6 | 1.8 | 8.2 |
| Jun | 2.5 | 7.3 | 14.6 | 62.7 | 92 | 1.9 | 6.7 |
| Jul | 1.9 | 7.1 | 13.7 | 60.4 | 89.3 | 2.7 | 7.3 |
| Aug | 2.2 | 8.1 | 15.3 | 56.5 | 90.8 | 2.5 | 10.7 |
| Sept | 2.9 | 8.4 | 17.2 | 49.3 | 90.3 | 2.6 | 14.2 |
| Oct | 2.5 | 10.2 | 18.7 | 54.3 | 89.6 | 2.5 | 16.7 |
| Nov | 1.4 | 12.8 | 23.8 | 42.5 | 87.4 | 2.2 | 22 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Leawarra - Less than 1 KM
Somerville - Less than 10 KM
Chelsea - Greater then 10KM
Cranbourne - Greater then 10KM
Edithvale - Greater then 10KM
Tyabb Station - Greater then 10KM
Moorooduc - Less than 10 KM
Mornington - Greater then 10KM
Bonbeach - Less than 10 KM
Seaford - Less than 10 KM
General Points of Interest
Somerville Shopping Centre - Less than 10 KM
The local village @ Carrum Downs - Less than 10 KM
Eliza Square - Less than 10 KM
The Gateway Shopping Centre - Less than 5 KM
Skye Driving Range & Golf Course - Less than 10 KM
Baxter Tennis Club - Less than 5 KM
YMCA Somerville Health and Aquatic Centre - Less than 10 KM
Karingal Village - Less than 2 KM
Mulberry Hill National Trust - Less than 5 KM
Gallipoli oak - Less than 10 KM
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