Real Estate Frankston Vic 3199

Frankston: Beautiful, sandy, beachy suburb.

Housing Market in Frankston

Key Frankston Metrics & Forecast to 2028

Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023

Field	Value	VS Mornington Peninsula	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$612	Top 45%	223% to Dec 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Frankston

Frankston Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Field	Value	VS Mornington Peninsula	Trend
Development applications	138	Top 16%	56% to Jun 2025
Developments	1.6	Bottom 38%	Data for Jul 2023
Housing Stock Quality Indicator	52.7	Top 13%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Number of Subdivisions	16 lots	Top 17%	66% to Aug 2023
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	66	Top 1%	725% to Dec 2025

Housing Stock Quality in Frankston

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Mornington Peninsula	Trend
Houses	73.6%	Bottom 9%	4% to Jan 2021
Average bedrooms - all homes	2.2	Bottom 26%	4% to Jan 2021
NBN connection: fibreoptic cable to node	0.0%	Top 24%	Data for Jun 2023

Development Restrictions in Frankston

Frankston Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Field	Value	VS Mornington Peninsula	Trend
Total area	18.0 sq km	Top 37%	Data for Jan 2021
Heritage overlay total area	0.7 sq km	Top 14%	Data for Jun 2023
Residential density	376 sqm per resident	Bottom 17%	Data for Jan 2021

Risk in Frankston

Frankston Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Field	Value	VS Mornington Peninsula	Trend
% Owner Occupied	70.5%	Bottom 6%	0% to May 2023
% Rentals	29.5%	Top 6%	1% to May 2023
Housing Affordability Index	38	Top 35%	Data for Jun 2023
Median monthly mortgage	$1,660	Bottom 35%	15% to May 2023
Rent Affordability Index (Houses)	79	Top 47%	Data for Jun 2023
Rent Affordability Index (Units)	73	Bottom 33%	Data for Jun 2023
Mortgage as a percent of income	28.7%	Top 19%	7% to Jan 2021
Mortgaged Dwellings	36.7%	Bottom 44%	11% to May 2023

Housing Demand in Frankston

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030

Field	Value	VS Mornington Peninsula	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	27600	Top 5%	15% to Dec 2036
Historical Population (SA3)	143000	Top 13%	26% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	164000	Top 10%	45% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Frankston

Frankston Unit Investor Report

Sample Graphic

Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023

Field	Value	VS Mornington Peninsula	Trend
Capital Growth Forecast: Units	Premium	Premium	Premium
Capital Growth Forecast: Units (2-Year Outlook)	Premium	Premium	Premium
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$469	Top 42%	185% to Dec 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	62.8%	Bottom 43%	34% to Dec 2025

Realtors (20)

Headline	Place	Datetime
ACM Investment Group Pty Ltd
Ash Marton Realty	332 Nepean Hwy
Auction Your Car	30-32 Overton Rd
Barry Plant Frankston	49 Playne St
Biggin & Scott Frankston	23 Playne St

Accommodation Options (15)

Headline	Place	Datetime
Budget Motels	13 Davey St
Davey's Bar & Restaurant	510 Nepean Hwy
Frankston International Motel	383-389 Nepean Hwy
Room for rent
Quest Frankston	377 Nepean Hwy

Planning Applications: Dwellings (68)

Headline	Place	Date
To construct one (1) single storey building for community care accommodation - Frankston City Council 924/2025/P	49 Lardner Road, Frankston 3199, VIC	03 Dec 2025
To construct a fifteen (15) storey mixed-use building and construct and carry out works comprising dwellings, residential hotel and retail and reduce the number of car parking spaces required under Clause 52.06-3 (Car Parking) - Frankston City Council 888/2025/P	8 Davey Street, Frankston 3199, VIC	02 Dec 2025
To construct two (2) double storey dwellings. - Frankston City Council 896/2025/P	96 Williams Street, Frankston 3199, VIC	27 Nov 2025
To construct four (4) triple storey dwellings to the rear of an existing dwelling - Frankston City Council 897/2025/P	10 Wykeham Court, Frankston 3199, VIC	26 Nov 2025
To construct a dwelling to the rear of the existing dwelling (two (2) dwellings on a lot) - Frankston City Council 857/2025/P	20 Cliff Road, Frankston 3199, VIC	19 Nov 2025

Planning Applications: Other (32)

Headline	Place	Date
The proposal is to amend the boundaries between Lots 1, 2 and Common Property No. 1, generally in accordance with the attached plans. - Streamlined Planning through Electronic Applications and Referrals S259504H	35 Gweno Avenue, Frankston VIC 3199	20 Nov 2025
To reduce the car parking requirements of Clause 52.06 of the Frankston Planning Scheme in association with the use of the land for an Education Centre (Levels 1, 2 and 3). - Frankston City Council 1038/2024/P/B	54-58 Wells Street, Frankston 3199, VIC	12 Nov 2025
Building works for the installation of a fixed weather canopy in Parking Overlay Schedule 1 (PO1) and to display business identification signage within a Commercial 2 Zone (B4Z). To reduce the number of car spaces required under clause 52.06-5 of the Frankston Planning Scheme. - Frankston City Council 776/2025/P	11A/111 Cranbourne Road, Frankston 3199, VIC	30 Oct 2025
To use the land for community care accommodation and associated building works. - Frankston City Council 800/2025/P	7 Minno Court, Frankston 3199, VIC	27 Oct 2025
To erect and display illuminated business identification signage withi 600mm of a Transport Zone 2. - Frankston City Council 775/2025/P	128-130 Dandenong Road West, Frankston 3199, VIC	21 Oct 2025

LGA Details (1)

Headline	Place	Datetime
Local government area	Frankston

Median Unit Sale Prices by Street (67)

Date	Median sale value	Street
06 Dec 2025	$543,100	Addicott St
06 Dec 2025	$601,200	Ashleigh Ave
06 Dec 2025	$644,900	Ashleigh St
06 Dec 2025	$381,400	Barak Ct
06 Dec 2025	$523,700	Beach St

Median House Rental Prices by Street (100)

Street	Date	Median rent (per week)
Foot St	06 Dec 2025	$606
Franciscan Ave	06 Dec 2025	$643
Frank St	06 Dec 2025	$596
Gairloch Dr	06 Dec 2025	$534
Gould St	06 Dec 2025	$736

Median House Sale Prices by Street (100)

Street	Date	Median sale value
Addicott St	06 Dec 2025	$673,300
Alexander Cr	06 Dec 2025	$835,100
Aquarius Dr	06 Dec 2025	$963,000
Arabil St	06 Dec 2025	$782,900
Ashleigh Ave	06 Dec 2025	$743,800

Turnover Rate by Street (100)

Turnover rate	Street	Turnover Label	Turnover Years	Year
72.5%	Muir St	average turnover	Every 13.8 years (average turnover)	2025
63.6%	Jindalee Ct	quite tightly held	Every 15.7 years (quite tightly held)	2025
83.3%	Walbundry Ave	average turnover	Every 12.0 years (average turnover)	2025
50.0%	Bordeaux Ct	very tightly held	Every 20.0 years (very tightly held)	2025
53.8%	Milford Cr	quite tightly held	Every 18.6 years (quite tightly held)	2025

Percent of Renters by Street (100)

Percent of Renters	Street
55.6%	Abbeygate Ct
62.1%	Abelia Ave
42.0%	Abor Ct
36.7%	Acacia Ct
62.5%	Acton Cl

Businesses (91)

Name	Address
Mackie	401 Nepean Hwy, Frankston VIC 3199, Australia
Marradon Constructions	1/49 Beach St, Frankston VIC 3199, Australia
United Construction Services PTY LTD	24a/435 Nepean Hwy, Frankston VIC 3199, Australia
SMC Endeavours Pty Ltd	Ground Floor 435 Nepean Hwy, Frankston VIC 3199, Australia
Southeast Precision Painting	5/6-12 Williams St, Frankston VIC 3199, Australia

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 1, 31 Parer St	Price Withheld	3.0	2.0	1.0	04 Dec 2025	On Market
58 Lucerne Cr	Price Withheld	4.0	2.0	3.0	02 Dec 2025	On Market
6 Lardner Rd	$825,000	3.0	1.0	1.0	02 Dec 2025	On Market
3 Williams St	$950,000	2.0	2.0	2.0	01 Dec 2025	On Market
3 Wolman Dr	$850,000	3.0	2.0	3.0	01 Dec 2025	On Market

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 2, 21 James St	$560	2.0	2.0	2.0	05 Dec 2025
99 Beach St	$340	1.0	1.0		04 Dec 2025
99 Beach St	$340	1.0	1.0		04 Dec 2025
Unit 1, 12 Petrie St	$495	3.0	1.0	1.0	02 Dec 2025
Unit 11, 388-390 Nepean Hwy	$440	2.0	1.0	1.0	02 Dec 2025

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
5 Heathmont Cl	$550	3	1	1	04 Dec 2025
69 Hillcrest Rd	$565	3	1	2	04 Dec 2025
9 Narambi Cr	$580	3	1	1	04 Dec 2025
9 Narambi Cr	$580	3	1	1	04 Dec 2025
69 Hillcrest Rd	$565	3	1	2	04 Dec 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 8, 74-76 Beach St	$440,000	2.0	1.0	1.0	04 Dec 2025	On Market
Unit 8, 74-76 Beach St	$440,000	2.0	1.0	1.0	04 Dec 2025	On Market
Unit 10, 85 Ashleigh Ave	$638,000	2.0	1.0	1.0	03 Dec 2025	On Market
Unit 10, 85 Ashleigh Ave	$638,000	2.0	1.0	1.0	03 Dec 2025	On Market
Unit 7, 56 Gould St	$880,000	3.0	2.0	2.0	02 Dec 2025	On Market

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