Frankston · Statistical Area 2 (SA2)

Housing & Dwellings in Frankston

Where and how people live — the homes, how they are held, and what they cost.

Far more people rent in Frankston than in most similar areas, with 42.4% of households renting. This high rental rate is a standout feature of the area, which also has a lower proportion of outright home ownership than the state and national figures.

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📍 Frankston, Statistical Area 2 (SA2)

Where Frankston sits — Median rent (weekly)

$335 ▲ +34.0%
  • $100–$121: 37 areas
  • $121–$143: 11 areas
  • $143–$164: 27 areas
  • $164–$186: 32 areas
  • $186–$207: 63 areas
  • $207–$229: 57 areas
  • $229–$250: 59 areas
  • $250–$271: 158 areas
  • $271–$293: 106 areas
  • $293–$314: 178 areas
  • $314–$336: 149 areas
  • $336–$357: 207 areas
  • $357–$379: 179 areas
  • $379–$400: 182 areas
  • $400–$421: 312 areas
  • $421–$443: 103 areas
  • $443–$464: 158 areas
  • $464–$486: 69 areas
  • $486–$507: 85 areas
  • $507–$529: 38 areas
  • $529–$550: 32 areas
  • $550–$571: 45 areas
  • $571–$593: 19 areas
  • $593–$614: 34 areas
  • $614–$636: 8 areas
  • $636–$657: 11 areas
  • $657–$679: 5 areas
  • $679–$700: 28 areas

All statistical area 2 (sa2) areas, 2021. The marker is Frankston — lower than 62% of areas.

Median rent (weekly) compared with the state and national average
Frankston$335
3199, VIC $350
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Weekly rents are a little below the national figure at $335, though this has risen by $85 since 2011. Typical monthly mortgage payments are about the same as the rest of the country at $1,733.

$335 ▲ +34.0%

Lower than 62% of statistical area 2 (sa2) areas.

  • 2011: $250
  • 2016: $286
  • 2021: $335

Median weekly rent paid by households renting their home.

$1,733 ▲ +14.2%

Lower than 57% of statistical area 2 (sa2) areas.

  • 2011: $1,517
  • 2016: $1,517
  • 2021: $1,733

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Frankston, the largest group is $200–$349 at 46%, followed by $350–$549 (41%) and Under $200 (9%).

Monthly mortgage distribution

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Frankston splits fairly evenly between $1,800–$2,999 (39%) and $1,000–$1,799 (35%), with Under $1,000 at 17%.

Owning & renting

How homes are owned or rented.

Renting is far more common here than in Victoria and Australia, at 42.4%. In contrast, the share of homes owned outright is well below the national average and has fallen by 3 points since 2011.

42.4% ▲ +3.5%

Higher than 82% of statistical area 2 (sa2) areas.

  • 2011: 41.0%
  • 2016: 43.4%
  • 2021: 42.4%

Share of occupied private dwellings that are rented.

24.1% ▼ -11.1%

Lower than 75% of statistical area 2 (sa2) areas.

  • 2011: 27.1%
  • 2016: 24.7%
  • 2021: 24.1%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Frankston, the largest group is Rented at 42%, followed by Owned with a mortgage (31%) and Owned outright (24%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses are much less common here than in most areas, making up 65.8% of homes. This helps explain why the share of homes with three or more bedrooms is far below the state and national figures.

0.80 ▼ -27.3%

Lower than 71% of statistical area 2 (sa2) areas.

  • 2011: 1.10
  • 2016: 0.80
  • 2021: 0.80

Average number of usual residents per bedroom — a crowding measure.

65.8% ▼ -2.4%

Lower than 76% of statistical area 2 (sa2) areas.

  • 2011: 67.4%
  • 2016: 66.4%
  • 2021: 65.8%

Share of occupied private dwellings that are separate houses.

63.0% ▼ -1.3%

Lower than 81% of statistical area 2 (sa2) areas.

  • 2011: 63.9%
  • 2016: 62.4%
  • 2021: 63.0%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Frankston, Separate house is the majority at 66%; Townhouse / semi-detached is next at 25%.

Bedrooms per home

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In Frankston, the largest group is 3 bedrooms at 44%, followed by 2 bedrooms (29%) and 4 bedrooms (17%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Frankston

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Frankston [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/214011371/frankston/topic/housing-dwellings