Suburb Profile

Suburb profile for,

Frankston, VIC 3199

About Frankston

Situated in Victoria's 3199 postcode, Frankston is a well-established residential suburb.

Demographics and Community

Frankston has a population of approximately 36,090, a median age of 38, a median weekly household income of $1,116.

Property Market Overview

The current median house price in Frankston is $750,000. Average annual growth is -0.9%.

Properties in Frankston spend an average of 26 days on market.

Rental Market

The median weekly rent for houses in Frankston is $360. Gross rental yield is 3.30%, which is typical for a growth-oriented market.

Nearby Suburbs

Explore other suburb profiles in the area: Frankston South, VIC, Seaford, VIC, Carrum, VIC, Patterson Lakes, VIC, Carrum Downs, VIC.

Considering Frankston for Investment?

Handle Properties is a Sydney-based buyer's agency helping investors build portfolios of high-growth investment properties across Australia. If you are considering Frankston or need help identifying the right suburb for your strategy, get in touch with our team.

SUBURB DATA

Quantitative data for,

Frankston, VIC 3199

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.

State
VIC
Suburb
FRANKSTON
Postcode
3199
Median price for all dwellings
$750,000
Last 12 months growth return
Down -0.9%
Avg. dwellings for sale in the suburb every month
121
Avg. dwellings sold in the suburb in previous 12 months
470
Avg days on market for a dwelling listing to sell
26 days
Avg. number of people searching in this suburb every month
5834
Avg. rental yield per annum
3.30%
Weekly median rent for all dwellings
$360 per week
Median price for all houses
$750,000
Avg. rental yield growth in the previous 12 months
3.30%
Avg. days for a rental listing to find a tennant
20 days
Total suburb population in 2016
36090
Total suburb population change in 5 years up to 2016
3.10%
Avg. household income per week
$1,116
Median age of the population in the suburb
38
Historic avg annual growth return per annum in the suburb
5.33%