Frankston · Sub-region (SA3)

Housing & Dwellings in Frankston

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.

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📍 Frankston, Sub-region (SA3)

Where Frankston sits — Median rent (weekly)

$356 ▲ +34.3%
  • $100–$118: 3 areas
  • $118–$136: 1 area
  • $136–$154: 3 areas
  • $154–$171: 1 area
  • $171–$189: 5 areas
  • $189–$207: 11 areas
  • $207–$225: 8 areas
  • $225–$243: 16 areas
  • $243–$261: 18 areas
  • $261–$279: 8 areas
  • $279–$296: 22 areas
  • $296–$314: 24 areas
  • $314–$332: 18 areas
  • $332–$350: 15 areas
  • $350–$368: 30 areas
  • $368–$386: 28 areas
  • $386–$404: 37 areas
  • $404–$421: 22 areas
  • $421–$439: 14 areas
  • $439–$457: 15 areas
  • $457–$475: 10 areas
  • $475–$493: 6 areas
  • $493–$511: 8 areas
  • $511–$529: 2 areas
  • $529–$546: 1 area
  • $546–$564: 5 areas
  • $564–$582: 2 areas
  • $582–$600: 7 areas

All sub-region (sa3) areas, 2021. The marker is Frankston — higher than 50% of areas.

Median rent (weekly) compared with the state and national average
Frankston$356
Greater Melbourne $390
Victoria $370
Australia $375

Housing costs

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.

  • 2011: $265
  • 2016: $306
  • 2021: $356

Median weekly rent paid by households renting their home.

$1,800 ▲ +9.3%

Lower than 53% of sub-region (sa3) areas.

  • 2011: $1,647
  • 2016: $1,621
  • 2021: $1,800

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Frankston, $350–$549 is the majority at 50%; $200–$349 is next at 35%.

Monthly mortgage distribution

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In Frankston, the largest group is $1,800–$2,999 at 39%, followed by $1,000–$1,799 (33%) and Under $1,000 (16%).

Owning & renting

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.

  • 2011: 27.5%
  • 2016: 28.7%
  • 2021: 28.0%

Share of occupied private dwellings that are rented.

27.5% ▲ +0.9%

Lower than 71% of sub-region (sa3) areas.

  • 2011: 27.2%
  • 2016: 26.5%
  • 2021: 27.5%

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 Owned with a mortgage at 41%, followed by Rented (28%) and Owned outright (27%).

Types of homes

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.

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

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

79.8% ▼ -3.1%

Lower than 57% of sub-region (sa3) areas.

  • 2011: 82.3%
  • 2016: 79.1%
  • 2021: 79.8%

Share of occupied private dwellings that are separate houses.

79.7% ▲ +0.3%

Higher than 61% of sub-region (sa3) areas.

  • 2011: 79.4%
  • 2016: 78.6%
  • 2021: 79.7%

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 80%; Townhouse / semi-detached is next at 17%.

Bedrooms per home

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In Frankston, the largest group is 3 bedrooms at 50%, followed by 4 bedrooms (26%) and 2 bedrooms (16%).

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/sa3/21401/frankston/topic/housing-dwellings