Auction Times
Thu 23 Jan | Auction Time | Agency | |
|---|---|---|---|
 | 20 Addicott Street 2 1 2 House | 6:30 PM Thu 23rd Jan | O'Brien Real Estate |
Fri 24 Jan | Auction Time | Agency | |
|---|---|---|---|
 | 18 Summit Road 4 1 2 House | 6:00 PM Fri 24th Jan | Ray White |
Sat 25 Jan | Auction Time | Agency | |
|---|---|---|---|
 | 25 Tantani Street 3 2 1 House | 10:00 AM Sat 25th Jan | Ray White |
Sat 1 Feb | Auction Time | Agency | |
|---|---|---|---|
 | 1/15 Frank Street 3 1 2 Unit | 10:30 AM Sat 1st Feb | Barry Plant Frankston |
 | 108 Skye Road 3 1 3 House | 12:00 PM Sat 1st Feb | Biggin & Scott |
 | 21 Ogrady Avenue 2 1 1 House | 12:30 PM Sat 1st Feb | Barry Plant Frankston |
Median Sale Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $315,000 | 0.0% | $199,000 | $1,420,515 | 616 |
| 2010 | $367,400 | +14.3% | $130,000 | $2,147,483,647 | 638 |
| 2011 | $357,500 | -2.8% | $127,000 | $1,900,000 | 555 |
| 2012 | $340,000 | -5.1% | $155,000 | $2,500,000 | 537 |
| 2013 | $350,000 | +2.9% | $159,000 | $1,850,000 | 703 |
| 2014 | $371,000 | +5.7% | $165,000 | $35,700,000 | 781 |
| 2015 | $421,500 | +12.0% | $48,000 | $1,530,000 | 636 |
| 2016 | $475,000 | +11.3% | $155,000 | $1,800,000 | 616 |
| 2017 | $601,000 | +21.0% | $132,000 | $2,441,300 | 662 |
| 2018 | $610,000 | +1.5% | $305,500 | $2,600,000 | 529 |
| 2019 | $581,000 | -5.0% | $321,000 | $1,615,000 | 483 |
| 2020 | $620,000 | +6.3% | $159,000 | $1,900,000 | 468 |
| 2021 | $750,500 | +17.4% | $185,000 | $3,725,000 | 742 |
| 2022 | $756,000 | +0.7% | $80,000 | $5,050,000 | 558 |
| 2023 | $730,000 | -3.6% | $98,000 | $3,100,000 | 526 |
| 2024 | $740,000 | +1.4% | $117,500 | $2,880,000 | 546 |
| 2025 | $735,000 | -0.7% | $677,500 | $820,000 | 11 |
Median Sale Price
$740K
Based on 539 recorded sales within the last 12 months
Updated on 21 Jan 2025
Suburb Growth
+1.0%
Current Median Price: $740,000
Previous Median Price: $732,500
Based on 1065 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2024)
Price Range Segments (12 months ending Dec 2024)
Median Weekly Rent Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $320 | 0.0% | $120 | $1,387 | 601 |
| 2012 | $305 | -4.9% | $115 | $28,500 | 663 |
| 2013 | $320 | +4.7% | $105 | $1,434 | 710 |
| 2014 | $330 | +3.0% | $110 | $1,868 | 591 |
| 2015 | $340 | +2.9% | $125 | $650 | 757 |
| 2016 | $350 | +2.9% | $145 | $1,304 | 839 |
| 2017 | $380 | +7.9% | $145 | $1,999 | 944 |
| 2018 | $385 | +1.3% | $135 | $800 | 819 |
| 2019 | $390 | +1.3% | $150 | $3,207 | 780 |
| 2020 | $400 | +2.5% | $130 | $1,000 | 591 |
| 2021 | $430 | +7.0% | $130 | $1,200 | 584 |
| 2022 | $470 | +8.5% | $170 | $2,000 | 644 |
| 2023 | $500 | +6.0% | $200 | $1,750 | 677 |
| 2024 | $550 | +9.1% | $160 | $2,000 | 608 |
| 2025 | - | - | - | - | - |
Median Rent Price
$550
per week
Based on 574 recorded rent within the last 12 months
Updated on 21 Jan 2025
Rent Price Growth
+9.1%
Current Median Rent: $550
Previous Median Rent: $500
Based on 1248 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.9%
Current Median Price: $740,000
Current Median rent: $550
Based on 1113 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2024)
Auction Results For Frankston
Houses sold in Last 12 months ends 18 Jan 2025
$737K
Median Sale Price
50%
Clearance Rate
40/80
Sold/Reported
$2M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 1 | |
| $1 M - $1.2 M | 1 | |
| $800 K - $1 M | 7 | |
| $600 K - $800 K (Median Price Range) | 21 | |
| $400 K - $600 K | 2 | |
Similar Suburbs to Frankston 3199
Based on median house sale price sold in last 12 months
Schools closest to Frankston, VIC 3199
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Frankston Primary School | DAVEY STREETFrankston 3199 | Primary | Government | 0.29 km |
| St Francis Xavier School | CNR PARK & YUILLE STSFrankston 3199 | Primary | Catholic | 0.56 km |
| John Paul College | MCMAHONS RDFrankston 3199 | Secondary | Catholic | 1.29 km |
| Overport Primary School | TOWERHILL ROADFrankston 3199 | Primary | Government | 1.7 km |
| Frankston High School VCE Campus | Frankston 3199 | Secondary | Government | 1.81 km |
| Frankston High School | 97 FOOT STREETFrankston 3199 | Secondary | Government | 1.88 km |
| Kananook Primary School | 22 WELLS ROADSeaford 3198 | Primary | Government | 2.36 km |