Frankston, VIC 3199

Frankston, VIC 3199

Compare Part of Frankston

39.41 km
Distance from CBD
50 k
Population
Median Sale Price
House
$603K
Updated on Aug 2020
2 BR
$573K
3 BR
$585K
4 BR
$660K
Unit
$416K
Updated on Aug 2020
1 BR
$200K
2 BR
$406K
3 BR
$545K
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% $114,500 $35,700,000 781
2015
$420,000
+11.7% $48,000 $1,530,000 636
2016
$475,000
+11.6% $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
$611,500
+5.0% $159,000 $1,660,000 276
Median Sale Price
$610K
Based on 421 recorded sales within the last 12 months
Updated on 26 Sep 2020
Suburb Growth
+5.7%
Current Median Price: $610,000
Previous Median Price: $575,000
Based on 877 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Aug 2020)
Price Range Segments (12 months ending Aug 2020)
Median Weekly Rent Price
House
$390
Updated on Aug 2020
2 BR
$330
3 BR
$380
4 BR
$440
Unit
$320
Updated on Aug 2020
1 BR
$240
2 BR
$325
3 BR
$410
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 $3,207 777
2020
$395
+1.3% $130 $1,000 413
Median Rent Price
$395
per week
Based on 613 recorded rent within the last 12 months
Updated on 26 Sep 2020
Rent Price Growth
+1.3%
Current Median Rent: $395
Previous Median Rent: $390
Based on 1400 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.4%
Current Median Price: $610,000
Current Median rent: $395
Based on 1034 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Aug 2020)

Auction Results For Frankston

Houses sold in Last 12 months ends 19 Sep 2020

$615K

Median Sale Price

81%

Clearance Rate

119/148

Sold/Reported

$1.66M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1.6 M - $1.8 M 2
$1.4 M - $1.6 M 1
$1 M - $1.2 M 1
$800 K - $1 M 7
$600 K - $800 K
(Median Price Range)
56
$400 K - $600 K 49

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