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 | |
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 |