VIC3199· Pop. 56,127Frankston

FRANKSTON SOUTH

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

52

Liveability score

44

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

Real

$1,170,000

VIC Gov · 2025

Rent yield

Real

1.6%

computed from govt data

Annual growth

Real

0.9%

annualised from govt data

Vacancy rate

Est.

1.9%

modelled estimate

AI insights for FRANKSTON SOUTH

Investment analysis, risks & comparisons

PREMIUM

FRANKSTON SOUTH shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Investment analysis · Risk assessment · Suburb comparisons

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Median price sourced from VIC Gov · 2025 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$350/wk

DFFH Moving Annual Rent · Sep 2025

Demand change

+1.7%

annual shift

Yield × growth index

1.2

combined signal

Net yield (est.)

2.18%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+6.3%

est. compound, long-run avg

10-yr growth (CAGR)

+4.5%

est. compound, long-run avg

Rental demand

53 / 100

Moderate demand

Supply pipeline

Real

0.3%

new dwellings approved / stock · ABS 2024-25

Low supply pressure

5-year price history

2020
$860k
2021
$1150k
2022
$1200k
2023
$1150k
2025
$1170k

Source: VIC Gov · 2025 · all sources

Market overview

FRANKSTON SOUTH is a metropolitan VIC suburb with moderate capital growth momentum and lower rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.

Highlights

  • Metro VIC suburb with strong infrastructure and transport
  • Rental yield 1.6% with stable tenant demand
  • Access to national transport network and amenities

Risk factors

  • High entry price may limit buyer pool
  • Below-average growth — limited capital appreciation signal
  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,522/wk

$81k taxable p.a.

Renters

31.9%

64.4% owner-occupier

Median age

40.0 yrs

Unemployment

3.3%

Population growth

+2.6% p.a.

Investor-owned

11.0%

of all dwellings (ATO)

Houses

65%

22% apartments

Degree qualified

45.0%

bachelor's or higher (ABS)

Work from home

20.9%

of employed residents (ABS Census)

Median lot size

460 m²

Standard block

Household size

2.4 persons

avg per dwelling (ABS Census)

Short-term rental

7.3%

Some Airbnb activity

Market activity

Distance to CBD

41.7 km

Regional

Days on market

32 days

Normal turnover

Auction clearance

65.7%

Strong demand

Walkability

63 / 100

Very walkable

Coastal proximity

12.6 km

Coastal fringe

NBN technology

FTTC

Good — fibre to curb

Population density

1,470/km²

Suburban

Schools in postcode 3199

🏫12 Primary🎓4 Secondary3 Special
ACARA 2025

🏫Primary (12)

Derinya Primary School

Government · Yrs Prep-6 · Major Cities

ICSEA 1097(83%)
834 students16:1 student–teacher49% girls36% top SEA quarter

Overport Primary School

Government · Yrs Prep-6 · Major Cities

ICSEA 1058(71%)
680 students16:1 student–teacher46% girls26% top SEA quarter

St John's School

Catholic · Yrs Prep-6 · Major Cities

ICSEA 1053(69%)
270 students16:1 student–teacher47% girls19% top SEA quarter

St Augustine's School

Catholic · Yrs Prep-6 · Major Cities

ICSEA 1053(69%)
318 students12:1 student–teacher43% girls18% top SEA quarter

Frankston Heights Primary School

Government · Yrs Prep-6 · Major Cities

ICSEA 1043(65%)
458 students14:1 student–teacher46% girls20% top SEA quarter

St Francis Xavier School

Catholic · Yrs Prep-6 · Major Cities

ICSEA 1042(65%)
155 students13:1 student–teacher49% girls20% top SEA quarter

Kingsley Park Primary School

Government · Yrs Prep-6 · Major Cities

ICSEA 1027(58%)
382 students13:1 student–teacher49% girls14% top SEA quarter

Frankston Primary School

Government · Yrs Prep-6 · Major Cities

ICSEA 1015(54%)
241 students12:1 student–teacher55% girls14% top SEA quarter

Karingal Primary School

Government · Yrs Prep-6 · Major Cities

ICSEA 985(40%)
239 students14:1 student–teacher51% girls9% top SEA quarter

Ballam Park Primary School

Government · Yrs Prep-6 · Major Cities

ICSEA 963(30%)
156 students11:1 student–teacher46% girls7% top SEA quarter

Karingal Heights Primary School

Government · Yrs Prep-6 · Major Cities

ICSEA 950(25%)
93 students13:1 student–teacher41% girls3% top SEA quarter

Frankston East Primary School

Government · Yrs Prep-6 · Major Cities

ICSEA 943(22%)
160 students12:1 student–teacher46% girls5% top SEA quarter

🎓Secondary (4)

Frankston High School

Government · Yrs 7-12 · Major Cities

ICSEA 1067(74%)
1,964 students13:1 student–teacher47% girls27% top SEA quarter

John Paul College

Catholic · Yrs 7-12 · Major Cities

ICSEA 1055(70%)
1,300 students12:1 student–teacher47% girls18% top SEA quarter

Mount Erin Secondary College

Government · Yrs 7-12 · Major Cities

ICSEA 985(40%)
490 students11:1 student–teacher46% girls6% top SEA quarter

McClelland Secondary College

Government · Yrs 7-12 · Major Cities

ICSEA 981(38%)
1,089 students12:1 student–teacher47% girls7% top SEA quarter

Special (3)

David Scott School

Independent · Yrs 10-12 · Major Cities

ICSEA 987(41%)
129 students12:1 student–teacher54% girls11% top SEA quarter

Frankston Special Developmental School

Government · Yrs U · Major Cities

ICSEA 969(33%)
124 students4:1 student–teacher28% girls9% top SEA quarter

Naranga School

Government · Yrs U · Major Cities

ICSEA 945(23%)
159 students6:1 student–teacher30% girls6% top SEA quarter

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

High crime
3/ 100

13.1 offences / 100 persons

Source: VIC Crime Statistics Agency · Dec 2025

School quality

Average
1011ICSEA · national avg 1000

19 schools in postcode area

Source: ACARA My School 2025

Transit access

Limited
33/ 100
🚆 3 train🚃 10 tram🚌 34 bus

Source: State GTFS feeds

Gentrification signal

42

/ 100

Early signs

Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

none

Source: State GIS flood zone data

🔥

Bushfire risk

none

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

low

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

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