Frankston North · Suburb / Locality

Housing & Dwellings in Frankston North

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

Almost half of all households in Frankston North rent their homes, which is far above the national and state figures. This creates a distinct housing landscape where separate houses dominate the area, though typical home loan payments are well below those seen across Australia.

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📍 Frankston North, Suburb / Locality

Where Frankston North sits — Median rent (weekly)

$315 ▲ +40.0%
  • $0–$25: 37 areas
  • $25–$50: 86 areas
  • $50–$75: 199 areas
  • $75–$100: 214 areas
  • $100–$125: 525 areas
  • $125–$150: 343 areas
  • $150–$175: 699 areas
  • $175–$200: 597 areas
  • $200–$225: 1183 areas
  • $225–$250: 724 areas
  • $250–$275: 1277 areas
  • $275–$300: 787 areas
  • $300–$325: 1282 areas
  • $325–$350: 618 areas
  • $350–$375: 935 areas
  • $375–$400: 570 areas
  • $400–$425: 763 areas
  • $425–$450: 288 areas
  • $450–$475: 415 areas
  • $475–$500: 176 areas
  • $500–$525: 204 areas
  • $525–$550: 79 areas
  • $550–$575: 125 areas
  • $575–$600: 70 areas
  • $600–$625: 97 areas
  • $625–$650: 21 areas
  • $650–$675: 54 areas
  • $675–$700: 145 areas

All suburb / locality areas, 2021. The marker is Frankston North — higher than 61% of areas.

Median rent (weekly) compared with the state and national average
Frankston North$315
3200, VIC $315
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

The typical monthly home loan payment of $1,408 is well below the Victorian average. Meanwhile, weekly rent is $315, which is higher than most similar areas but still a little below the state and national figures.

$315 ▲ +40.0%

Higher than 61% of suburb / locality areas.

  • 2011: $225
  • 2016: $265
  • 2021: $315

Median weekly rent paid by households renting their home.

$1,408 ▲ +19.3%

Lower than 64% of suburb / locality areas.

  • 2011: $1,180
  • 2016: $1,205
  • 2021: $1,408

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Frankston North, $200–$349 is the majority at 54%; $350–$549 is next at 26%.

Monthly mortgage distribution

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In Frankston North, the largest group is $1,000–$1,799 at 47%, followed by Under $1,000 (25%) and $1,800–$2,999 (24%).

Owning & renting

How homes are owned or rented.

Renting is very common here, with 45.2% of households renting, a figure far above the Victorian average. Only 24.9% of homes are owned outright, which is much lower than most other areas.

45.2% ▲ +6.9%

Higher than 90% of suburb / locality areas.

  • 2011: 42.3%
  • 2016: 43.9%
  • 2021: 45.2%

Share of occupied private dwellings that are rented.

24.9% ▼ -7.7%

Lower than 86% of suburb / locality areas.

  • 2011: 26.9%
  • 2016: 25.7%
  • 2021: 24.9%

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

How homes are owned or rented

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In Frankston North, the largest group is Rented at 45%, followed by Owned with a mortgage (27%) and Owned outright (25%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 93.0% of the market, far above the national figure. These homes tend to be large, with 86.9% having three or more bedrooms, meaning there are more people per bedroom than in most areas.

0.80 ▼ -27.3%

Lower than 57% of suburb / locality areas.

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

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

93.0% ▲ +0.8%

Lower than 61% of suburb / locality areas.

  • 2011: 92.3%
  • 2016: 92.0%
  • 2021: 93.0%

Share of occupied private dwellings that are separate houses.

86.9% ▲ +1.9%

Higher than 70% of suburb / locality areas.

  • 2011: 85.2%
  • 2016: 83.5%
  • 2021: 86.9%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Frankston North, Separate house is the majority at 93%; Townhouse / semi-detached is next at 7%.

Bedrooms per home

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In Frankston North, 3 bedrooms is the majority at 78%; 4 bedrooms is next at 9%.

Sources

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

More for Frankston North

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Frankston North [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL20948/frankston-north/topic/housing-dwellings