Blocks of units in Frankston present a lucrative investment opportunity, offering advantages like scale and rental yield. Frankston is an intriguing choice for property investors, given its potential for growth and development.

• Frankston’s median house price increased by 8.0% year-on-year to $810k as of April-June 2025.
• The median unit sale price in Frankston is $558k, with a quarterly increase of 3.7% in 2025.
• Frankston has a population of 37,331 with a median weekly rent of $342, according to ABS 2021 data.
• Investor demand for units and apartments in Frankston is notable in 2026.

What do the numbers say in Frankston?

The property market in Frankston has shown robust growth, with the median house price reaching $810k in the April to June 2025 quarter. This represents a year-on-year growth of 8.0%, according to DataVic/REIV data. Similarly, the median unit price is $558k, marking a 3.7% increase quarterly, although it saw a slight -0.4% year-on-year dip. High rental yield suburbs in Melbourne often reflect similar investment potentials, making Frankston an area ripe for investment.

What are the key considerations?

Investing in blocks of units in Frankston requires understanding several factors. The area’s demographics, with a population of 37,331, a median age of 39, and a median household income of $1,387 per week (ABS Census 2021), are crucial. These figures highlight a balanced, mature demographic ideal for stable rental investments. Additionally, the median rent being $342 per week indicates viable rental income potential.

Furthermore, the active demand for apartments, units, and houses for purchase in Frankston indicates a vibrant market. Investors looking for opportunities can also consider the strategic advantage of purchasing apartment blocks, which you can compare against options in North Melbourne.

How does Collings help?

Collings Real Estate offers comprehensive services to investors interested in blocks of units. Our agency specializes in providing insights and handling transactions, ensuring that every step is handled meticulously. With personalized services like our off-market portal, we connect investors to exclusive opportunities. You can register interest via our portal or contact us directly by phone at 03 9486 2000. Our office, located at 230 Waterdale Road, Ivanhoe, VIC 3079, is ready to assist your investment needs.

Frequently asked questions

Many potential investors have questions about Frankston’s real estate market. For instance, the rental yield in high-demand areas, such as Victoria, is often a concern. Moreover, understanding how Frankston’s market compares with South Melbourne can provide crucial insights into investing strategies.

In conclusion, investing in blocks of units in Frankston offers significant benefits, with potential gains from both rental income and property appreciation. By understanding the local market conditions and leveraging Collings Real Estate’s expertise, investors can make informed decisions that align with their financial goals.