$356 ▲ +34.3%
Higher than 50% of sub-region (sa3) areas.
- 2011: $265
- 2016: $306
- 2021: $356
Median weekly rent paid by households renting their home.
Frankston · Sub-region (SA3)
Where and how people live — the homes, how they are held, and what they cost.
Typical weekly rents in Frankston have risen by $91 since 2011, reflecting a decade of growth in housing costs. The area is dominated by large family homes, with nearly 80% of dwellings having three or more bedrooms. While costs have climbed, they remain about the same as the Victorian and national figures.
All sub-region (sa3) areas, 2021. The marker is Frankston — higher than 50% of areas.
| Frankston | $356 |
|---|---|
| Greater Melbourne | $390 |
| Victoria | $370 |
| Australia | $375 |
Rents, mortgages and crowding.
The typical weekly rent is $356 and the usual monthly mortgage payment is $1,800, both of which are about the same as the figures for Victoria and Australia. Monthly mortgage payments have risen by $153 since 2011.
$356 ▲ +34.3%
Higher than 50% of sub-region (sa3) areas.
Median weekly rent paid by households renting their home.
$1,800 ▲ +9.3%
Lower than 53% of sub-region (sa3) areas.
Median monthly mortgage repayment for households with a mortgage.
In Frankston, $350–$549 is the majority at 50%; $200–$349 is next at 35%.
In Frankston, the largest group is $1,800–$2,999 at 39%, followed by $1,000–$1,799 (33%) and Under $1,000 (16%).
How homes are owned or rented.
Around 41.3% of homes are owned with a mortgage, while 28% are rented. The proportion of homes owned outright is 27.5%, which is well below the state figure of 32.2%.
28.0% ▲ +2.0%
Higher than 50% of sub-region (sa3) areas.
Share of occupied private dwellings that are rented.
27.5% ▲ +0.9%
Lower than 71% of sub-region (sa3) areas.
Share of occupied private dwellings owned outright (no mortgage).
In Frankston, the largest group is Owned with a mortgage at 41%, followed by Rented (28%) and Owned outright (27%).
Houses, townhouses, apartments and bedrooms.
Detached houses are common in Frankston, making up 79.8% of homes, which is well above the national figure of 72.3%. This helps explain why the area has a higher than usual share of homes with three or more bedrooms at 79.7%.
0.80 ▼ -27.3%
Lower than 71% of sub-region (sa3) areas.
Average number of usual residents per bedroom — a crowding measure.
79.8% ▼ -3.1%
Lower than 57% of sub-region (sa3) areas.
Share of occupied private dwellings that are separate houses.
79.7% ▲ +0.3%
Higher than 61% of sub-region (sa3) areas.
Share of occupied private dwellings with three or more bedrooms.
In Frankston, Separate house is the majority at 80%; Townhouse / semi-detached is next at 17%.
In Frankston, the largest group is 3 bedrooms at 50%, followed by 4 bedrooms (26%) and 2 bedrooms (16%).
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/sa3/21401/frankston/topic/housing-dwellings