South Melbourne / Bayside · 3199 · 45 km from CBD

Buyer's Agent in Frankston

Frankston is our highest-growth suburb with $118K average capital gain across tracked properties. The $1B hospital expansion is a once-in-a-generation catalyst driving employment, population growth, and property demand. Combined with council rezoning for density and beachside lifestyle appeal, Frankston offers the best growth-plus-yield combination in our portfolio at 6.0% average yield.

Avg Purchase

$796K

$665,000 – $880,000

Avg Rent

$1140/wk

$800 – $2,000/wk

Avg Yield

6.00%

5.19% – 8.12%

Avg Land

731 sqm

607 – 1,100 sqm

Avg Capital Gain

$119K

Per property

Properties Tracked

4

In our portfolio

Why Invest in Frankston?

1

$1 billion Frankston Hospital expansion — massive employment catalyst

2

Council rezoning for higher density (HCTZ1 zones available)

3

Frankston train line with direct CBD access

4

Beachside lifestyle appeal driving demand

5

Healthcare sector job creation accelerating population growth

6

Highest average capital gain in our portfolio ($118K)

Case Study: Frankston — Hospital Expansion Play

Purchase Price

$730K

Current Value

$850K

Weekly Rent

$850/wk

Land Size

700 sqm

Purchased at $730K in the hospital expansion catchment zone. Bank valuation hit $850K as hospital construction accelerated. Rented at $850/wk with rooming house conversion potential pushing income to $1,200+/wk. HCTZ1 zoning allows future multi-unit development.

Living in Frankston

Transport

Frankston station (Frankston line) — 60 min to Flinders Street. EastLink tollway access. Peninsula Link to Mornington Peninsula.

Schools

Frankston High School, John Paul College, multiple primary options. Monash University Peninsula campus nearby.

Infrastructure & Amenities

Frankston Hospital ($1B expansion), Bayside Shopping Centre, Frankston Waterfront, Frankston Arts Centre, Centenary Park.

Demographics

Mix of young professionals, healthcare workers, and established families. Growing population due to hospital expansion. Beachside lifestyle attracting CBD downsizers.

Ready to Invest in Frankston?

Our team has sourced 4+ properties in Frankston. Book a free strategy call to discuss your investment goals.

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Important Information

PremiumRea Pty Ltd is a licensed Victorian real-estate buyer's agency. We are not a licensed financial adviser, tax agent, credit provider, or lawyer. Information on this website — including portfolio data, yields, capital gains, testimonials, suburb statistics, and guides — is general in nature only and does not take into account your objectives, financial situation, or needs. Past performance is historical and is not a reliable indicator of future results. Obtain independent professional advice before acting on anything you read here.

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