Median Sale Price
House
$618K
Updated on Dec 2020
2 BR $601K | 3 BR $606K | 4 BR $675K |
Unit
$420K
Updated on Dec 2020
1 BR $215K | 2 BR $410K | 3 BR $570K |
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 | $365,000 | +13.7% | $130,000 | $2,147,483,647 | 638 |
| 2011 | $357,500 | -2.1% | $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 | $618,500 | +6.1% | $159,000 | $1,660,000 | 437 |
| 2021 | $625,000 | +1.0% | $555,000 | $1,150,000 | 8 |
Median Sale Price
$620K
Based on 429 recorded sales within the last 12 months
Updated on 18 Jan 2021
Suburb Growth
+6.0%
Current Median Price: $620,000
Previous Median Price: $583,000
Based on 916 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2020)
Price Range Segments (12 months ending Dec 2020)
Median Weekly Rent Price
House
$390
Updated on Dec 2020
2 BR $340 | 3 BR $385 | 4 BR $440 |
Unit
$320
Updated on Dec 2020
1 BR $250 | 2 BR $330 | 3 BR $415 | 4 BR $530 |
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 | 838 |
| 2017 | $380 | +7.9% | $145 | $1,999 | 943 |
| 2018 | $385 | +1.3% | $135 | $800 | 817 |
| 2019 | $390 | +1.3% | $150 | $3,207 | 779 |
| 2020 | $400 | +2.5% | $130 | $1,000 | 580 |
| 2021 | - | - | - | - | - |
Median Rent Price
$400
per week
Based on 541 recorded rent within the last 12 months
Updated on 18 Jan 2021
Rent Price Growth
+2.5%
Current Median Rent: $400
Previous Median Rent: $390
Based on 1331 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.4%
Current Median Price: $620,000
Current Median rent: $400
Based on 970 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2020)
Auction Results For Frankston
Houses sold in Last 12 months ends 16 Jan 2021
$635K
Median Sale Price
92%
Clearance Rate
187/204
Sold/Reported
$1.66M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.6 M - $1.8 M | 1 | |
| $1 M - $1.2 M | 4 | |
| $800 K - $1 M | 8 | |
| $600 K - $800 K (Median Price Range) | 115 | |
| $400 K - $600 K | 57 | |
| 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 |