Frankston · 3200
Frankston North, VIC
listings tightening 6.0% YoY, population +7.8% (5y).
NextSuburb scoreTier C
57Average
Median house
$591k
5y growth
6.9%/yr
Gross yield
2.8%
Vacancy
1.3%
Stable entry · room to scaleMedium confidence
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)6.9%/yr69/100
- Population growth+7.8% (5y)78/100
- Supply tightening-6.0% YoY80/100
- Rental yield2.8%55/100
- Rental demand1.3% vacancy68/100
- Income growth+16.0% (5y)64/100
- Construction pipelineno nearby pipeline0/100
- Affordability61% under cap61/100
Why this score
Frankston North scores 57/100 (Average). The two strongest signals: 7.8% population growth over five years and 6.9%/yr capital growth over five years. The standout watch-out: no major construction project was found within the suburb's catchment.
Drivers
- Supply tightening-6.0% YoY
- Population growth+7.8% (5y)
- Capital growth6.9%/yr
- Tight rentals1.3%
Risks
- No major construction project in this state
Nearest infrastructure
Suburban Rail Loop East — Cheltenham19.7 km away
Construction · $5.0bn · completion 2035
Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.
Comparable suburbs
Three VIC suburbs in the same budget band with the closest NextSuburb scores.
See the full VIC ranking60-month score history
Backfilled — live history begins May 2026Watch this suburb
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