Frankston City, VIC

The Frankston City is a local government area (LGA) in the southern suburbs of Melbourne, Victoria. The LGA offers a wide variety of properties, from affordable family homes to luxurious waterfront properties.

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The real estate market in Frankston City is booming, with prices for properties increasing significantly in recent years.

The economy of Frankston City is based largely on its service sector, which employs around three-quarters of the workforce. Major industries in the area include healthcare, education, retail, and tourism. The city also has a strong manufacturing sector, with a number of major companies located in the area.

In Frankston, the most frequent jobs are Technicians and Trades Workers (17.2%), Professionals (16.4%), Clerical and Administrative Workers (14.0%), Community and Personal Service Workers (11.8%), and Sales Workers (11.2%). Frankston’s typical weekly personal income for residents aged 15 years and over is $660.

In Frankston, 79.1 % of occupied private residences are detached houses, 17.2 % are semi-detached, row or terrace houses, townhouses, etc., 2.7 % are flats or apartments, and 0.9 % are other housing.

The Frankston City real estate market is a great option for those looking for a coastal city with a growing population and a wide variety of properties. Frankston City suburbs offer a wide variety of properties, from affordable family homes to luxurious waterfront properties. The suburbs are all growing rapidly, and offer a great lifestyle choice for those looking for a coastal city with a thriving community.

Discover the latest property market trends for sales and rentals in Frankston City suburbs with the help of interactive dashboard on this page.

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Capital Growth Heatmap

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Upgrade to Personal Plan to see Yield data.
Yield chart
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Demand chart
Upgrade to Professional Plan to see Buy & Rent Search Index data.
Index chart

How to use this Dashboard

This interactive dashboard illustrates the trends for key real estate metrics in the area. Use these metrics to determine potential return on investment from this property market and its’ sub-markets.

Upgrade to Personal Plan to unlock the trend forecast section on the Price, Rent & Yield graphs.

Get the Professional Subscription to see trends for advanced property market metrics that indicate real estate demand and supply in this LGA.

Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart

Property Market in Frankston City, VIC

What other property markets are there near Frankston City, VIC?

Frankston City is surrounded by 4 other council areas – Casey, Greater Dandenong, Mornington Peninsula, Kingston.

Suburbs/localities in this Local Government Area: Langwarrin 3910, Langwarrin South 3911, Sandhurst 3977, Seaford 3198, Skye 3977, Carrum Downs 3201, Frankston 3199, Frankston North 3200, Frankston South 3199

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