Frankston South, VIC 3199
Compare Part of Frankston
41.70 km
Distance from Melbourne CBD
50 k
Population
Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $440,000 | 0.0% | $332 | $3,500,000 | 402 |
| 2010 | $517,000 | +14.9% | $5,000 | $2,147,483,647 | 388 |
| 2011 | $530,000 | +2.5% | $209,000 | $1,980,000 | 275 |
| 2012 | $520,000 | -1.9% | $337,500 | $2,900,000 | 288 |
| 2013 | $545,000 | +4.6% | $75,000 | $26,325,250 | 411 |
| 2014 | $560,000 | +2.7% | $367,500 | $1,800,000 | 419 |
| 2015 | $625,000 | +10.4% | $350,750 | $1,870,000 | 395 |
| 2016 | $690,000 | +9.4% | $323,000 | $2,250,000 | 369 |
| 2017 | $820,000 | +15.9% | $500,000 | $4,350,000 | 325 |
| 2018 | $857,500 | +4.4% | $400,000 | $1,995,000 | 258 |
| 2019 | $825,000 | -3.9% | $470,000 | $4,600,000 | 275 |
| 2020 | $870,000 | +5.2% | $555,000 | $2,700,000 | 261 |
| 2021 | $1,136,000 | +23.4% | $530,000 | $2,900,000 | 373 |
| 2022 | $1,195,000 | +4.9% | $650,000 | $11,000,000 | 260 |
| 2023 | $1,160,000 | -3.0% | $637,000 | $2,600,000 | 252 |
| 2024 | $1,150,000 | -0.9% | $640,000 | $3,088,000 | 292 |
Median Sale Price
$1.15M
Based on 294 recorded sales within the last 12 months
Updated on 22 Dec 2024
Suburb Growth
-1.7%
Current Median Price: $1,150,000
Previous Median Price: $1,170,000
Based on 548 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $360 | 0.0% | $215 | $1,100 | 204 |
| 2012 | $350 | -2.9% | $230 | $2,200 | 231 |
| 2013 | $380 | +7.9% | $170 | $2,000 | 231 |
| 2014 | $400 | +5.0% | $165 | $1,500 | 199 |
| 2015 | $420 | +4.8% | $165 | $1,250 | 286 |
| 2016 | $430 | +2.3% | $155 | $2,564 | 268 |
| 2017 | $455 | +5.5% | $200 | $1,800 | 273 |
| 2018 | $470 | +3.2% | $320 | $1,400 | 229 |
| 2019 | $470 | 0.0% | $270 | $1,100 | 224 |
| 2020 | $490 | +4.1% | $310 | $1,200 | 177 |
| 2021 | $520 | +5.8% | $360 | $1,950 | 160 |
| 2022 | $575 | +9.6% | $300 | $1,600 | 197 |
| 2023 | $650 | +11.5% | $250 | $1,800 | 164 |
| 2024 | $650 | 0.0% | $350 | $2,200 | 153 |
Median Rent Price
$650
per week
Based on 153 recorded rent within the last 12 months
Updated on 22 Dec 2024
Rent Price Growth
0.0%
Current Median Rent: $650
Previous Median Rent: $650
Based on 318 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.9%
Current Median Price: $1,150,000
Current Median rent: $650
Based on 447 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)
Auction Results For Frankston South
Houses sold in Last 12 months ends 21 Dec 2024
$950K
Median Sale Price
50%
Clearance Rate
27/55
Sold/Reported
$2.61M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 1 | |
| $1.6 M - $1.8 M | 1 | |
| $1.4 M - $1.6 M | 1 | |
| $1.2 M - $1.4 M | 4 | |
| $1 M - $1.2 M | 3 | |
| $800 K - $1 M (Median Price Range) | 8 | |
| $600 K - $800 K | 6 | |
Similar Suburbs to Frankston South 3199
Based on median house sale price sold in last 12 months
Schools closest to Frankston South, VIC 3199
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Frankston High School VCE Campus | Frankston 3199 | Secondary | Government | 0.68 km |
| Frankston High School | 97 FOOT STREETFrankston 3199 | Secondary | Government | 0.66 km |
| Overport Primary School | TOWERHILL ROADFrankston 3199 | Primary | Government | 0.72 km |
| Derinya Primary School | OVERPORT ROADFrankston South 3199 | Primary | Government | 0.68 km |
| St Francis Xavier School | CNR PARK & YUILLE STSFrankston 3199 | Primary | Catholic | 1.91 km |
| Frankston Primary School | DAVEY STREETFrankston 3199 | Primary | Government | 2.09 km |