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Frankston North

POSTAL CODE: VIC, 3200
HOUSE

Property investors have seen a 2.56% gain in FRANKSTON NORTH based on an increase in median home prices for the past three months.

Homeowners and real estate investors betting on FRANKSTON NORTH, 3200 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 16.28%.

Based on its average 5-year and quarterly capital gains FRANKSTON NORTH, 3200 saw average growth in the long term.

The VIC suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $700,000

Profits averaged 5.67% per annum over a 3-year period, due to an upward trend in home prices in FRANKSTON NORTH, 3200.

This means, real estate investors could earn a rental income of $500 based on current median home prices for the suburb.

The gross rental yield in FRANKSTON NORTH, 3200 is 3.71%.

An average of 12.5 real estate transactions take place per month in FRANKSTON NORTH which translates to 150 per annum.

Surburb overview

Frankston North is a suburb in Melbourne, located about 38 kilometres south-east of the central business district within the City of Frankston. It sits inland from the Port Phillip coastline and is bordered by suburbs such as Seaford, Carrum Downs, and Langwarrin, with a primarily residential layout and local services.

The suburb has a population of approximately 6,000 residents, with a demographic profile that includes families, older residents, and a higher proportion of lower-income households than the broader region. Housing in Frankston North is predominantly detached, with many properties developed during post-war expansion, alongside some unit and public housing developments.

Public transport access is available via nearby Seaford and Kananook railway stations on the Frankston line, providing connections to Melbourne’s CBD. Bus services operate throughout the suburb, linking residential areas to surrounding commercial and transport hubs. Major road connections include the Frankston–Dandenong Road and EastLink, supporting regional travel.

Local retail facilities are centred around neighbourhood shopping strips, while larger commercial centres are located in Frankston and Carrum Downs. Essential services such as schools, healthcare facilities and community centres are available within the suburb and nearby areas.

Frankston North includes several parks and recreational spaces that support local sport and outdoor activities. It is also within proximity to the Edithvale-Seaford Wetlands, which provide environmental value and opportunities for walking and cycling. Nearby coastal areas, including Seaford Beach, offer additional recreational options.

The suburb developed largely during the mid-20th century, with planning and infrastructure shaped by public housing initiatives and suburban growth. Ongoing development focuses on community services, infrastructure upgrades and maintaining residential amenity.

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