Frankston North
Suburb profile, market snapshot and recent listings for Frankston North, VIC 3200.
About Frankston North
Welcome to Frankston North
Frankston North sits in Melbourne's south-east, roughly 45 kilometres from the CBD, tucked between Frankston proper and the growing corridor of Carrum Downs and Skye. It's a suburb defined by quiet residential streets, generous blocks and a strong sense of community that's often overlooked by buyers scanning the more familiar bayside strips nearby.
With a population of 5,711 and a median age of 37, Frankston North attracts a mix of young families, first-home buyers and long-term residents drawn to its affordability relative to surrounding suburbs. It suits people who want space, a slower pace, and easy access to both the Peninsula's beaches and Melbourne's growth areas without paying premium bayside prices.
Lifestyle & dining
Frankston North itself is largely residential, so day-to-day life here tends to centre on home, garden and neighbourhood rather than a bustling main strip. For cafes, restaurants and a wider choice of dining, residents head a short drive into Frankston or across to Seaford, both of which offer everything from casual bakeries to bayside dining with water views.
The suburb's own rhythm is unhurried, and many residents value the room to move that comes with larger blocks, backyards and tree-lined streets. It's a suburb that rewards those who prefer substance over polish.
Shopping
Everyday shopping needs are covered locally, with larger retail and grocery options available nearby in Frankston, which has a full-scale shopping centre and Bayside Shopping Centre precinct, as well as Carrum Downs, home to a well-regarded homemaker and retail hub. Skye and the surrounding growth corridor also add convenience for residents who don't mind a short drive for a bigger shop.
Getting around
Frankston North doesn't have its own train station, but Frankston station is close by and offers Metro rail services into the city along with V/Line connections further down the Peninsula, making it a practical option for commuters. Local bus routes link the suburb to Frankston, Seaford and Carrum Downs, while the Frankston-Dandenong Road and nearby freeway connections make driving to greater Melbourne or elsewhere on the Peninsula reasonably straightforward.
For those who work locally or in neighbouring suburbs, the suburb's position between Frankston, Carrum Downs and Skye means most day-to-day trips are short.
Schools & families
Families are well catered for with several schools either in or close to Frankston North, including Aldercourt Primary School and Mahogany Rise Primary School, both serving the local primary-aged population, and Monterey Secondary College for secondary students. The presence of these schools within the suburb, rather than requiring a long commute, is part of what makes Frankston North appealing to families after affordable housing without sacrificing access to education.
The property market
Frankston North's property market has been on the move, with the median house price sitting at $710,000 after growth of 15.5% recently — a notable jump that reflects renewed buyer interest in more affordable pockets of the south-east. Median rent currently sits at $510 a week, giving landlords a reasonable return relative to the purchase price and making the suburb attractive to investors as well as owner-occupiers.
The housing stock is overwhelmingly detached, with houses making up 92% of current listings against just 8% apartments or units. This reflects the suburb's post-war and later suburban development pattern of standalone homes on decent-sized blocks, a point of difference from more unit-heavy suburbs closer to the bay. For buyers priced out of Frankston, Seaford or the bayside suburbs further north, Frankston North offers a comparatively accessible entry point with room for future capital growth.
Market snapshot
Frankston North property market
Median sale price
$710k
House · 3 bed
Median rent
$510
per week
Gross rental yield
3.7%
annual rent ÷ sale price
Typical price range
Entry
$600k
Median
$710k
Premium
$800k
Days on market
16
Auction clearance
73%
Sold this year
117
Median sold price trend · House 3 bed
Compound growth +4.3% / yr over 4 yrs
Median price by bedrooms · House
Property types on market
Share of current listings in Frankston North by dwelling type.
Who lives here
Demographics
ABS Census 2021 figures for Frankston North, VIC 3200.
Population
5,711
residents (2021)
Median age
37
years
Household income
$1,128
median, per week
Median rent
$315
per week
Median mortgage
$1,408
per month
Mortgage / income
29%
comfortable
Source: Australian Bureau of Statistics, Census of Population and Housing 2021. Suburb-level (SAL) aggregates.
Education
Schools in Frankston North
Government school catchment
Recent results
Recently sold in Frankston North
$650k
32 Ballarto Road
Sold ~July 2026
$715k
12 Jarrah Court
Sold ~July 2026
$650k
39 Bouvardia Crescent
Sold ~July 2026
$610k
22 Lacenet Avenue
Sold ~July 2026
$766k
71 Brunning Crescent
Sold ~July 2026
$690k
24 Wirilda Crescent
Sold ~July 2026
$725k
48 Nodding Avenue
Sold ~July 2026
$750k
22 Plantation Avenue
Sold ~July 2026
Sold prices as published on the original listing; some may reflect the last advertised price. Dates are approximate.
Explore the area
Properties & amenities in Frankston North
Compare the area
Price map around Frankston North
Every listing for sale near Frankston North, coloured by price — so you can see how it stacks up against the streets and suburbs next door.
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Nearby suburbs
Quick switch to nearby areas
Common questions
Frankston North suburb FAQ
What is the median property price in Frankston North?
The median house price in Frankston North, VIC is $710k for a 3-bedroom home. Over the past year, median sold prices have risen about 15.5%.
How much is rent in Frankston North?
The median weekly rent in Frankston North is around $510 per week.
Is Frankston North a good place to live?
Frankston North is a suburb in Melbourne, Victoria, Australia, 38 km south-east of Melbourne's central business district, located within the City of Frankston local government area. Frankston North is an established residential suburb in VIC, with a population of around 5,711 and 3 schools in the area.
What is the population of Frankston North?
Frankston North has a population of 5,711 (ABS 2021 Census), with a median age of 37.
What schools are in Frankston North?
There are 3 schools in or near Frankston North, including Aldercourt Primary School, Mahogany Rise Primary School and Monterey Secondary College.
How long do homes take to sell in Frankston North?
Properties in Frankston North take around 16 days to sell on average, with an auction clearance rate of about 73%.
How much do you need to buy in Frankston North?
Entry-level properties in Frankston North start around $600k, while premium homes reach $800k.
What suburbs are near Frankston North?
Suburbs near Frankston North include Seaford, Frankston, Carrum Downs, Downs and Skye.
Fresh to market
New this week in Frankston North
Classic 3BR home with potential in convenient location, ideal for investors/developers/starters
Endless Potential in Frankston North
Spacious Family Living with Modern Comfort and Outstanding Lifestyle Convenience
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