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LGA · Victoria

Frankston City

Frankston City is a Local Government Area in Southern Melbourne, Victoria, approximately 40km from Melbourne.
Southern Melbourne 5yr avg p.a. 6.2% Avg yield 3.8% Last updated: 1 Jun 2026 · Data refresh

Overview

The big-picture read on Frankston as an investment market.

Frankston City is a Local Government Area in Southern Melbourne, Victoria, approximately 40km from Melbourne.

Multimedia briefing (video / podcast / infographic) coming in next refresh, see the Watch · Listen · View section below.

Key numbers

Population, economy, and property market headlines.

Population
Suburbs tracked8
Annual sales2,394
Distance to CBD~40km
Economy
GRP$10.1B
Unemployment5.1%
Capital cityMelbourne
Property market
Median house$885K
Yield (avg)3.8%
5yr avg p.a.6.2%

Headline infrastructure

Projects with dollar values surfaced from the Hotspotting Location Report.

$63M
From Hotspotting Location Report
Frankston line and build new station
upgrade in 2018 and is now part of a $3 billion State Government project to remove 27 level crossings on the Frankston line and build new stations
$151.1M
From Hotspotting Location Report
Frankston Campus redevelopment
redevelopment of the Frankston Campus
Watch · Listen · View

Three ways into the Frankston thesis

Multimedia briefing pending, video explainer, podcast and infographic will be generated via NotebookLM and added in the next refresh.

Coming soon.

Suburbs to know

Top suburbs by 12-month house sales volume, with growth and rental data.

Suburb12-mo salesMedian (house)1yr5yr avg p.a.YieldVacancy
Frankston
686
$838K +11% +6% 3.8% 1.2%
Carrum Downs
389
$788K +10% +7% 3.9% 0.9%
Langwarrin
368
$885K +4% +6% 3.9% 0.8%
Frankston South
317
$1210K +6% +6% 3.3% 0.6%
Seaford
280
$885K +8% +4% 3.7% 0.9%
Frankston North
142
$696K +16% +9% 3.8% 1.2%
Skye
117
$842K +5% +6% 4.0% 2.0%
Sandhurst
95
$1100K +6% +6% 3.8% 0.5%

Vacancy ≤3% (healthy) · 3-4% (watch) · >4% (caution) · volume bar scaled to highest-volume suburb in LGA.

Risks to be aware of

Considerations flagged in the Hotspotting Location Report.

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