Frankston 3199
Market analysis for investment properties in Frankston
Median Price
$847,500
Trend:Accelerating
+15.0%
Median Rent
$580/pw
Trend:Accelerating
+5.5%
Rental Yield
3.56%
Trend:Decelerating
-8.3%
Median DoM
27 Days
Trend:Decelerating
-8.5%
Market Analysis
Why investors are watching Frankston right now.
Shopping in Frankston is predominantly centered around Bayside Shopping Centre, the largest shopping complex on the Mornington Peninsula, offering a range of retail stores, food outlets, and entertainment options.
The suburb is home to several primary and secondary schools, including Frankston High School, which is known for its strong academic programs and extra-curricular activities.
Residents have convenient access to public transportation, with Frankston railway station providing direct train services to Melbourne's CBD, as well as various bus routes connecting the area to neighboring suburbs and the city center.
Frankston boasts ample greenery and outdoor spaces, such as the 10-hectare George Pentland Botanic Gardens, ideal for recreational activities and enjoying nature. Additionally, the suburb is close to the picturesque coastline and sandy beaches along Port Phillip Bay.
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Capital Growth
Historical Performance
Analyze long-term value appreciation, rental yield fluctuations, and median price trajectories.
Market Vitals
Market Dynamics
Deep-dive into transaction velocity, rental pressure, and supply pipeline indicators.
Unlock Market Vitals
See live suburb and LGA market signals.
The Ripple Effect
Explore Nearby Opportunities
Investors analyzing Frankston often compare these adjacent markets for better entry points or higher yields.
Strategy by LighthousePA
Where will Frankston be in 2026?
Data provides the foundation, but strategy secures the wealth. If you're seeking clarity on Frankston, let LighthousePA (Property Advisors) help you navigate the market and illuminate your next move.
- Wealth Planning
- Ownership Structuring
- Buyers Advocacy
- Property Negotiation
Investment Insights & FAQ
Frequently asked questions about the Frankston property market in 2026.
As of March 2026, the Frankston property market presents a dynamic investment landscape. Over the last 12 months, houses have seen an annual growth rate of 14.99% and units have grown by 7.14%. These figures reflect the evolving demand within Frankston, offering potential for capital appreciation.
Based on the latest market snapshot, median property prices in Frankston range from $847,500 for houses to $570,000 for units. These values are calculated based on recent transaction data and current buyer activity across the Frankston region.
For investors targeting cash flow, houses rent for $580 /pw with a 3.56% yield, while units rent for $465 /pw with a 4.24% yield. This rental performance is a key indicator of strong tenant demand within the Frankston area.
Market Insights Last Updated: March 2026