Frankston South, VIC 3199
Compare Part of Frankston
41.70 km
Distance from Melbourne CBD
50 k
Population
Auction Times
Sat 27 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 4 Manuka Court 4 2 2 House | 9:00 AM Sat 27th Apr | Ray White |
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $440,000 | 0.0% | $332 | $3,500,000 | 402 |
| 2010 | $517,000 | +14.9% | $5,000 | $2,147,483,647 | 388 |
| 2011 | $530,000 | +2.5% | $209,000 | $1,980,000 | 275 |
| 2012 | $520,000 | -1.9% | $337,500 | $2,900,000 | 288 |
| 2013 | $545,000 | +4.6% | $75,000 | $26,325,250 | 411 |
| 2014 | $560,000 | +2.7% | $367,500 | $1,800,000 | 419 |
| 2015 | $625,000 | +10.4% | $350,750 | $1,870,000 | 395 |
| 2016 | $690,000 | +9.4% | $323,000 | $2,250,000 | 369 |
| 2017 | $820,000 | +15.9% | $500,000 | $4,350,000 | 325 |
| 2018 | $857,500 | +4.4% | $400,000 | $1,995,000 | 258 |
| 2019 | $825,000 | -3.9% | $470,000 | $4,600,000 | 275 |
| 2020 | $870,000 | +5.2% | $555,000 | $2,700,000 | 261 |
| 2021 | $1,136,000 | +23.4% | $530,000 | $2,900,000 | 373 |
| 2022 | $1,195,000 | +4.9% | $650,000 | $11,000,000 | 260 |
| 2023 | $1,160,000 | -3.0% | $637,000 | $2,600,000 | 252 |
| 2024 | $1,037,500 | -11.8% | $640,000 | $2,605,000 | 81 |
Median Sale Price
$1.08M
Based on 253 recorded sales within the last 12 months
Updated on 18 Apr 2024
Suburb Growth
-9.3%
Current Median Price: $1,075,000
Previous Median Price: $1,175,000
Based on 505 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 Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $360 | 0.0% | $215 | $1,100 | 204 |
| 2012 | $350 | -2.9% | $230 | $2,200 | 231 |
| 2013 | $380 | +7.9% | $170 | $2,000 | 231 |
| 2014 | $400 | +5.0% | $165 | $1,500 | 199 |
| 2015 | $420 | +4.8% | $165 | $1,250 | 286 |
| 2016 | $430 | +2.3% | $155 | $2,564 | 268 |
| 2017 | $455 | +5.5% | $200 | $1,800 | 273 |
| 2018 | $470 | +3.2% | $320 | $1,400 | 229 |
| 2019 | $470 | 0.0% | $270 | $1,100 | 224 |
| 2020 | $490 | +4.1% | $310 | $1,200 | 177 |
| 2021 | $520 | +5.8% | $360 | $1,950 | 160 |
| 2022 | $575 | +9.6% | $300 | $1,600 | 196 |
| 2023 | $650 | +11.5% | $250 | $1,600 | 164 |
| 2024 | $620 | -4.8% | $450 | $1,600 | 43 |
Median Rent Price
$650
per week
Based on 165 recorded rent within the last 12 months
Updated on 18 Apr 2024
Rent Price Growth
+10.8%
Current Median Rent: $650
Previous Median Rent: $580
Based on 347 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.1%
Current Median Price: $1,075,000
Current Median rent: $650
Based on 418 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 South
Houses sold in Last 12 months ends 13 Apr 2024
$985K
Median Sale Price
77%
Clearance Rate
43/56
Sold/Reported
$2.61M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 3 | |
| $1.8 M - $2 M | 2 | |
| $1.6 M - $1.8 M | 1 | |
| $1.4 M - $1.6 M | 1 | |
| $1.2 M - $1.4 M | 1 | |
| $1 M - $1.2 M | 5 | |
| $800 K - $1 M (Median Price Range) | 14 | |
| $600 K - $800 K | 9 | |
Similar Suburbs to Frankston South 3199
Based on median house sale price sold in last 12 months
Schools closest to Frankston South, VIC 3199
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Frankston High School VCE Campus | Frankston 3199 | Secondary | Government | 0.68 km |
| Frankston High School | 97 FOOT STREETFrankston 3199 | Secondary | Government | 0.66 km |
| Overport Primary School | TOWERHILL ROADFrankston 3199 | Primary | Government | 0.72 km |
| Derinya Primary School | OVERPORT ROADFrankston South 3199 | Primary | Government | 0.68 km |
| St Francis Xavier School | CNR PARK & YUILLE STSFrankston 3199 | Primary | Catholic | 1.91 km |
| Frankston Primary School | DAVEY STREETFrankston 3199 | Primary | Government | 2.09 km |