Frankston South (VIC 3199): property prices & suburb profile
Frankston LGA · Latest published data October 2025 · Page updated August 2026 · Public government records
Frankston South property prices
The typical Frankston South house sold for around $1,207,000 in the year to 2025-Q4, +105.4% over 10 years and +40.7% over 5 years.
Change in medians published by the Victorian Valuer-General · rolling year to 2025-Q4 for recent horizons, yearly medians to 2024 further back
View as table
| Period | Houses (yearly + recent quarters) | Units (yearly + recent quarters) |
|---|---|---|
| 2013 | $535,000 | $405,000 |
| 2014 | $560,000 | $425,000 |
| 2015 | $620,000 | $430,000 |
| 2016 | $690,000 | $466,000 |
| 2017 | $815,500 | $547,500 |
| 2018 | $855,000 | $665,000 |
| 2019 | $817,500 | $612,500 |
| 2020 | $860,000 | $685,000 |
| 2021 | $1,150,000 | $765,000 |
| 2022 | $1,200,000 | $750,000 |
| 2023 | $1,160,000 | $746,500 |
| 2024 | $1,150,000 | $735,000 |
| Apr 2024 | $1,187,500 | $762,000 |
| July 2024 | $1,165,000 | $688,000 |
| Oct 2024 | $1,125,000 | $725,000 |
| 2025 | $1,200,000 | $710,500 |
| Apr 2025 | $1,220,000 | $792,500 |
| July 2025 | $1,210,000 | $765,000 |
| Oct 2025 | $1,200,000 | $882,000 |
- Medians are published by the Victorian Valuer-General per suburb; we do not have individual sale records for this state, so there is no street-level breakdown on this page (our New South Wales pages have one).
- The headline figure is a sales-weighted average of the last four quarterly medians, not a median of individual sales, because one quiet quarter in a single suburb can move a quarterly median by more than the market did. The chart below plots each quarter as published.
- The Victorian Valuer-General yearly file currently ends at 2024; newer points on the chart and the short-horizon changes come from the quarterly file.
- Change over time reflects what sold in each period, not the value of any one home: a run of large or small homes moves it.
- Periods with fewer than 5 recorded sales are excluded.
Frankston South medians by quarter
The most recent quarter on record for Frankston South is 2025-Q4.
| 2025-Q4 | Unit | $882k | 26 |
| 2025-Q4 | House | $1.20M | 85 |
| 2025-Q3 | Unit | $765k | 13 |
| 2025-Q3 | House | $1.21M | 77 |
| 2025-Q2 | Unit | $793k | 25 |
| 2025-Q2 | House | $1.22M | 69 |
| 2025-Q1 | Unit | $711k | 13 |
| 2025-Q1 | House | $1.20M | 67 |
| 2024-Q4 | Unit | $725k | 9 |
| 2024-Q4 | House | $1.13M | 80 |
| 2024-Q3 | Unit | $688k | 15 |
| 2024-Q3 | House | $1.17M | — |
- Sale counts are shown so you can judge how solid each median is.
Who lives in Frankston South
Frankston South has a median age of 44 and a median household income of $2,038 a week.
- Figures labelled Frankston South are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Frankston South" and postcode 3199 both extend beyond Frankston South.
- SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.
Schools in Frankston South
The 3 schools in Frankston South sit at the 69th percentile nationally on ACARA's socio-educational index.
| Derinya Primary School | Government | Primary | 1,097 |
| Mount Erin Secondary College | Government | Secondary | 985 |
| St Augustine's School | Catholic | Primary | 1,053 |
- ICSEA is ACARA's socio-educational index (average 1000). It describes the family backgrounds of the students enrolled, NOT how well a school teaches: a lower ICSEA means a less advantaged intake, not a worse school.
- Percentiles are ACARA's own national ranking, so the Australia bar is a published figure rather than our arithmetic. Each area shows the median of the mainstream schools sitting inside it; special schools are listed in the table but excluded from the medians.
- Public school intake zones are not published in our dataset for this state, so confirm catchments with the school.
Suburbs near Frankston South
Frankston South's typical house price of $1,207,000 is the 26th highest of the 59 Melbourne South East suburbs we cover.
Aspendale 3195
$1,427,000 typical house price
Beaconsfield 3807
$969,000 typical house price
Beaumaris 3193
$2,125,000 typical house price
Bentleigh 3204
$1,710,000 typical house price
Bentleigh East 3165
$1,539,000 typical house price
Berwick 3806
$897,000 typical house price
Bonbeach 3196
$1,139,000 typical house price
Botanic Ridge 3977
$921,000 typical house price
Frankston South: common questions
- How much does a house cost in Frankston South?
- About $1,207,000 across the 12 months to 2025-Q4, from 298 recorded sales. That is a sales-weighted average of the four quarterly medians published by the Victorian Valuer-General: a single quarter in one suburb can swing on a handful of sales.
- Have Frankston South prices gone up?
- Prices have risen 105.4% over 10 years and moved +40.7% over 5 years, comparing the latest rolling year with the same window a decade earlier. These movements reflect the mix of homes sold, not the change in value of a specific property.
- What do units cost in Frankston South?
- The typical unit price was around $804,000 across the 12 months to 2025-Q4: a sales-weighted average of the quarterly unit medians, from 77 sales.
- Can I see Frankston South prices street by street?
- Not yet. VIC publishes suburb-level medians rather than individual sale records, so street-level medians are only available on our New South Wales pages.
- Which schools are in Frankston South?
- Frankston South has 3 ACARA-registered schools: Derinya Primary School, Mount Erin Secondary College, St Augustine's School.
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Data sources
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This page summarises public government datasets for general information. It is not financial, legal or property advice, figures can contain source errors, and postcode or SA2 statistics cover a wider area than the suburb itself. Flood and bushfire overlays are not yet loaded for VIC pages, so the absence of a risk section is a data gap, not an all-clear: always check the vendor statement and planning certificate. Verify anything material independently before acting on it.