Frankston East VIC Property Investment

Frankston · 3199

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Median House Price

$850K

Rental Yield

N/A

Vacancy Rate

N/A

Median Weekly Rent

N/A

Median Unit Price

N/A

Population (Census 2021)

56,127

New dwellings approved

New dwellings approved, Frankston council area, 12 months to Aug 2026: 727. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Frankston East.

Suburb Metric Thresholds

1 green5 yellow1 red

Population growth 2016–21, postcode 3199 (ABS Census)

0.66 high impact

Median Household Income

1522 medium impact

Public Transport Score

60 medium impact

School Zone Quality

7.2 medium impact

Distance to CBD

40 medium impact

SEIFA Advantage/Disadvantage

6 medium impact

Owner Occupier Rate

64.4 medium impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-08

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 3199

Most disadvantagedLeast disadvantaged

Decile 5 of 10 — Average

Population (suburb)

56,127

Education (IEO)

7/10

Econ. Resources (IER)

5/10

Schools

In your catchment

Frankston East Primary School

PrimaryGovernment

5/10

Frankston High School

SecondaryGovernment

7.3/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.