Frankston, VIC 3199

Frankston, VIC 3199

Compare Part of Frankston

39.41 km
Distance from 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
$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 $2,880,000 528
Median Sale Price
$740K
Based on 537 recorded sales within the last 12 months
Updated on 22 Dec 2024
Suburb Growth
+1.4%
Current Median Price: $740,000
Previous Median Price: $730,000
Based on 1056 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
$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 $2,000 553
Median Rent Price
$550
per week
Based on 562 recorded rent within the last 12 months
Updated on 22 Dec 2024
Rent Price Growth
+9.1%
Current Median Rent: $550
Previous Median Rent: $500
Based on 1236 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 1099 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

Houses sold in Last 12 months ends 21 Dec 2024

$737K

Median Sale Price

50%

Clearance Rate

39/78

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)		 20
$400 K - $600 K 2

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