Frankston, VIC 3199

Frankston, VIC 3199

Compare Part of Frankston

39.41 km
Distance from CBD
50 k
Population

Auction Times

Thu 4 Apr
Auction Time Agency
352 Nepean Highway
3 1 3 Other
2:00 PM
Thu 4th Apr
Ray White
Sat 6 Apr
Auction Time Agency
1/45 Summit Road
2 1 1 House
10:00 AM
Sat 6th Apr
Ray White
55 Nursery Avenue
4 2 2 House
12:00 PM
Sat 6th Apr
Merchan Realty Group
26 Raphael Crescent
3 2 2 House
2:00 PM
Sat 6th Apr
Ray White
Median Sale Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 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
$366,000
+13.9% $130,000 $2,147,483,647 638
2011
$357,500
-2.4% $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% $350,000 $1,160,000 103
Median Sale Price
$740K
Based on 528 recorded sales within the last 12 months
Updated on 30 Mar 2024
Suburb Growth
0.0%
Current Median Price: $740,000
Previous Median Price: $740,000
Based on 1028 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Jan 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Jan 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 $2,000 641
2023
$500
+6.0% $200 $1,750 675
2024
$540
+7.4% $270 $1,100 101
Median Rent Price
$510
per week
Based on 623 recorded rent within the last 12 months
Updated on 30 Mar 2024
Rent Price Growth
+5.9%
Current Median Rent: $510
Previous Median Rent: $480
Based on 1261 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.6%
Current Median Price: $740,000
Current Median rent: $510
Based on 1151 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)

Auction Results For Frankston

Houses sold in Last 12 months ends 23 Mar 2024

$740K

Median Sale Price

83%

Clearance Rate

102/124

Sold/Reported

$2.72M

Highest Sale Price

Sold Price Range No. of Sold Properties
$2 M - $3 M 1
$1.4 M - $1.6 M 1
$1.2 M - $1.4 M 4
$1 M - $1.2 M 4
$800 K - $1 M 22
$600 K - $800 K
(Median Price Range)
54
$400 K - $600 K 9
less than $400 K 1

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