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Frankston
Regional · VIC
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URBANOS SCORE
Our model12/100
Our proprietary model — yield, supply pipeline, price growth, infrastructure and CBD proximity for new build investors
↓ Below Melbourne average·more data may improve this score as imports run
KEY METRICS
Gross yield
3.26%
Median rent / wk
$350
1yr price growth
3.7%
Median unit price
$558k
Distance CBD
40.5km
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Data last updated: June 2026·Sources: CAV rent bonds, Valuer General, ABS Census, Victorian UDP·Stats reflect all properties in the suburb — new builds typically achieve higher yields and prices than the suburb median.
INFRASTRUCTURE & GROWTH DRIVERS
Level crossing removal (complete): Level crossings removed at Cranbourne Road, Overton Road; station precinct redevelopment.
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Active developments (17)
5-7 BRAGGE STREET
Under construction~ Likely Eligible
$ – $
33 of 33 available
22-24 SHERIDAN AVENUE
Under construction~ Likely Eligible
$ – $
23 of 23 available
446-450 NEPEAN ROAD
Off the plan~ Likely Eligible
$ – $
94 of 94 available
39-41 HASTINGS ROAD
Off the plan~ Likely Eligible
$ – $
52 of 52 available
79-83 BEACH STREET
Off the plan~ Likely Eligible
$ – $
13 of 13 available
424-426 NEPEAN HIGHWAY
Off the plan~ Likely Eligible
$ – $
73 of 73 available
438-444 NEPEAN HIGHWAY
Off the plan~ Likely Eligible
$ – $
94 of 94 available
7 MELVA COURT
Off the plan~ Likely Eligible
$ – $
11 of 11 available
35 PLAYNE STREET
Off the plan~ Likely Eligible
$ – $
86 of 86 available
11 BEACH STREET
Off the plan~ Likely Eligible
$ – $
62 of 62 available
345 NEPEAN HIGHWAY
Off the plan~ Likely Eligible
$ – $
26 of 26 available
347 NEPEAN HIGHWAY
Off the plan~ Likely Eligible
$ – $
69 of 69 available
3-5 MEREWEATHER AVENUE
Off the plan~ Likely Eligible
$ – $
10 of 10 available
347 NEPEAN HIGHWAY
Off the plan~ Likely Eligible
$ – $
69 of 69 available
3-5 MEREWEATHER AVENUE
Off the plan~ Likely Eligible
$ – $
10 of 10 available
347 NEPEAN HIGHWAY
Off the plan~ Likely Eligible
$ – $
69 of 69 available
3-5 MEREWEATHER AVENUE
Off the plan~ Likely Eligible
$ – $
10 of 10 available