VIC · 3199

Frankston

Suburb profile, market snapshot and recent listings for Frankston, VIC 3199.

Frankston, VIC 3199

About Frankston

Welcome to Frankston

Frankston sits on the eastern shores of Port Phillip Bay, roughly 40 kilometres southeast of Melbourne's CBD, at the point where the suburban sprawl gives way to the Mornington Peninsula. It's long served as the regional hub for this stretch of the bay, with a busy foreshore, a substantial retail and civic centre, and a mix of housing that ranges from older weatherboard cottages to newer apartment developments near the water.

With a population of around 37,331 and a median age of 39, Frankston attracts a broad cross-section of buyers and renters — first-home buyers priced out of the inner south-east, downsizers drawn to the beachside lifestyle, and families after more space than they'd get closer to the city. Its neighbours, including Frankston South's leafier streets, Seaford and Langwarrin's family-friendly suburbia, and Skye further inland, all feed into Frankston's role as the area's commercial and transport anchor.

Lifestyle & dining

Frankston's foreshore is the suburb's biggest drawcard, with a long stretch of beach, a promenade popular with walkers and cyclists, and views across to the You Yangs on a clear day. The pier and nearby waterfront reserve get plenty of use year-round, whether it's swimmers in summer or dog walkers in the cooler months. Cafes and restaurants cluster along the beach end of town and through the central shopping strip, offering everything from casual fish and chips to more considered dining, with the bayside setting doing a lot of the work.

Away from the water, Frankston has a genuinely mixed social scene, including live music venues, a cinema, and the Frankston Arts Centre, which brings a steady program of theatre and performance to the area. It's a suburb that suits people who want beach access without the price tag of Frankston South or the peninsula proper.

Shopping

The Bayside Shopping Centre and the surrounding Young Street precinct form Frankston's retail core, offering a full range of major retailers, specialty stores and services — enough that most residents rarely need to leave the suburb for day-to-day shopping. This central strip has been the subject of ongoing revitalisation, with streetscape upgrades aimed at drawing more foot traffic and hospitality into the area. For bigger shopping trips or a wider selection, Karingal Hub sits nearby, giving locals a second option without heading further afield.

Getting around

Frankston railway station is the terminus of the Frankston line, giving direct train access into the Melbourne CBD, and it also connects with V/Line services heading further down the peninsula and Stony Point line trains. The Peninsula Link freeway, with its interchange close by, has made trips to the Mornington Peninsula and access to EastLink considerably faster than the old Nepean Highway route. Buses fan out from the station to Frankston North, Langwarrin, Skye and neighbouring suburbs, making the station the natural hub for getting around without a car.

Schools & families

Families in Frankston have a solid spread of local primary schools to choose from, including Frankston Primary School, Frankston East Primary School, Frankston Heights Primary School, Ballam Park Primary School and Karingal Heights Primary School, giving plenty of options close to home. The Frankston Special Developmental School also serves the area, reflecting a broader network of support services based in the suburb. Combined with parks, the foreshore and nearby Langwarrin and Skye's newer family estates, Frankston offers a practical base for households with kids at various stages.

The property market

Frankston's median house price currently sits at $830,000, having climbed 13.7% recently — a strong run that reflects growing demand for bayside living at a price point still well under Melbourne's inner and southeastern suburbs. Units and apartments, which make up 27% of current listings, have a median of $575,000, giving buyers a more accessible entry point into the area, while townhouses (5% of listings) and land (4%) round out a market still dominated by standalone houses at 64% of stock.

Median rent of $590 a week points to solid rental demand, likely supported by the suburb's transport links, retail centre and beach lifestyle. For buyers, Frankston tends to offer better value than Frankston South or Seaford, while still providing walkable access to the station, shops and water, which helps explain the recent growth.

Parks & recreation

Beyond the foreshore, Frankston has a good stock of local parks and reserves, with Ballam Park a notable green space offering sporting facilities and open parkland away from the beach crowds. The suburb's recreational scene leans heavily on the water — boating, fishing off the pier, and swimming are all part of daily life here — but there's enough inland green space to satisfy those after a more traditional park or sporting oval too.

Market snapshot

Frankston property market

Median price ranks #2,047 of 3,797 suburbs · pricier than 46%
Type
Bedrooms

Median sale price

$830k

House · 3 bed

Median rent

$590

per week

Gross rental yield

3.7%

annual rent ÷ sale price

Typical price range

Entry

$666k

Median

$830k

Premium

$1.05m

Days on market

16

Auction clearance

66%

Sold this year

446

Median sold price trend · House 3 bed

Compound growth +2.6% / yr over 4 yrs

Median price by bedrooms · House

Property types on market

Share of current listings in Frankston by dwelling type.

House64%
Apartment / Unit27%
Townhouse5%
Land4%
Other0%

Who lives here

Demographics

ABS Census 2021 figures for Frankston, VIC 3199.

Population

37,331

residents (2021)

Median age

39

years

Household income

$1,387

median, per week

Median rent

$342

per week

Median mortgage

$1,733

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

Government school catchment

Frankston Special Developmental School

UCoEdGovernment
Visit school website →

Ballam Park Primary School

Prep-6CoEdGovernment
Visit school website →

Frankston East Primary School

Prep-6CoEdGovernment
Visit school website →

Frankston Heights Primary School

Prep-6CoEdGovernment
Visit school website →

Frankston Primary School

Prep-6CoEdGovernment
Visit school website →

Karingal Heights Primary School

Prep-6CoEdGovernment
Visit school website →

Karingal Primary School

Prep-6CoEdGovernment
Visit school website →

Kingsley Park Primary School

Prep-6CoEdGovernment
Visit school website →

Overport Primary School

Prep-6CoEdGovernment
Visit school website →

Independent & Catholic schools

St Francis Xavier School

Prep-6CoEdCatholic
Visit school website →

Recent results

Recently sold in Frankston

$890k

6 Carol Court

house4 bd · 1 ba · 6 car

Sold ~July 2026

$840k

7 Witternberg Avenue

house4 bd · 2 ba · 2 car

Sold ~July 2026

$490k

1/29 Burns Street

apartment2 bd · 1 ba · 1 car

Sold ~July 2026

$485k

1/51-53 Screen Street

apartment2 bd · 1 ba · 1 car

Sold ~July 2026

$770k

1&2/50 Orwil Street

house5 bd · 2 ba · 2 car

Sold ~July 2026

$795k

78 Frankston - Flinders Road

house3 bd · 2 ba · 2 car

Sold ~July 2026

$660k

2/20 Foot Street

apartment2 bd · 1 ba · 1 car

Sold ~July 2026

$1.09m

33 Nursery Avenue

house6 bd · 2 ba · 4 car

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

Loading map…

Compare the area

Price map around Frankston

Every listing for sale near Frankston, coloured by price — so you can see how it stacks up against the streets and suburbs next door.

CheaperPricier
FrankstonNearby suburbs

Loading price map…

Common questions

Frankston suburb FAQ

What is the median property price in Frankston?

The median house price in Frankston, VIC is $830k for a 3-bedroom home. Over the past year, median sold prices have risen about 13.7%.

How much is rent in Frankston?

The median weekly rent in Frankston is around $590 per week.

Is Frankston a good place to live?

Frankston is a suburb in Melbourne, Victoria, Australia. Frankston is an established residential suburb in VIC, with a population of around 37,331 and 10 schools in the area.

What is the population of Frankston?

Frankston has a population of 37,331 (ABS 2021 Census), with a median age of 39.

What schools are in Frankston?

There are 10 schools in or near Frankston, including Frankston Special Developmental School, Ballam Park Primary School and Frankston East Primary School.

How long do homes take to sell in Frankston?

Properties in Frankston take around 16 days to sell on average, with an auction clearance rate of about 66%.

How much do you need to buy in Frankston?

Entry-level properties in Frankston start around $666k, while premium homes reach $1.05m.

What suburbs are near Frankston?

Suburbs near Frankston include Frankston North, Seaford, Langwarrin, Frankston South and Skye.

Available now

Properties in Frankston

View all listings →
Image 1
Image 2
NewFor Sale
$880k–$960k
house

A Stylish Family Haven with a Fabulous Entertaining Deck

86 Lipton Drive, Frankston VIC 3199
424535 m²
Biggin Scott PeninsulaYesterday
Ask AI about this property
Image 1
Image 2
For Sale
$1m–$1.1m
house

A Stylish Sanctuary within the Elite Frankston High School Zone

20 Leslie Street, Frankston South VIC 3199
322534 m²
Ray White Frankston1 week ago
Ask AI about this property
Image 1
Image 2
For Sale
$849k–$929k
house

The Brief: Prime Lakewood Position on 757m² in a Quiet Court

6 Chamouni Court, Frankston VIC 3199
323757 m²
Area Specialist Keysborough1 month ago
Ask AI about this property
Image 1
Image 2
For Sale
$390k–$429k
apartment

Beach and Shops at Your Front Door

303/16 Clyde Street Mall, Frankston VIC 3199
211
Us Real Estate3 weeks ago
Ask AI about this property
Image 1
Image 2
For Sale
$525k–$575k
house

Affordable Opportunity in a Convenient Location

7A Candlebark Crescent, Frankston North VIC 3200
322256 m²
Us Real Estate1 month ago
Ask AI about this property
Image 1
Image 2
For Sale
$1.15m–$1.26m
house

DESIGNER TRANSFORMATION IN A PRIME FRANKSTON POSITION

17 Jasper Terrace, Frankston South VIC 3199
314646 m²
Crowder Community Real Estate1 month ago
Ask AI about this property
Image 1
Image 2
For Sale
$840k–$890k
house

Room for Family - Space for Independence.

8 Sandpiper Place, Frankston VIC 3199
432530 m²
Mooney & Co Estate Agents2 months ago
Ask AI about this property
Image 1
Image 2
For Sale
$1.05m–$1.15m
house

Nothing Short of Extraordinary | Offers Closing 18th July @ 5:00pm (Unless sold prior)

8 Charlotte Court, Frankston South VIC 3199
424769 m²
OBrien Real Estate Frankston1 month ago
Ask AI about this property
Image 1
Image 2
For Sale
$460k–$500k
apartment

Position and Potential

9/124 Cranbourne Road, Frankston VIC 3199
211209 m²
OBrien Real Estate Frankston2 weeks ago
Ask AI about this property
Image 1
Image 2
For Sale
$575k–$600k
apartment

Location is everything

1/2 Jolly Street, Frankston VIC 3199
212
Hall & Partners First National Dandenong2 months ago
Ask AI about this property
Image 1
Image 2
For Sale
$780k–$835k
house

A Modern House in the Heart of Frankston - No Body Corporate

81a Nursery Avenue, Frankston VIC 3199
424314 m²
Harcourts TDP Group2 months ago
Ask AI about this property
Image 1
Image 2
For Sale
$800k–$880k
house

Endless Opportunity on 933sqm in Frankston HSZ near Shops and Train Station

41 Hillcrest Road, Frankston VIC 3199
321933 m²
Ray White Frankston2 weeks ago
Ask AI about this property