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Rental Yield in Frankston South 2026 — What Investors Earn

July 17, 2026

The frankston south rental yield in 2026 remains an attractive factor for investors considering investment properties in this Melbourne suburb. The yield, calculated by dividing the annual rental income by the property’s value, provides insights into potential earnings.

  • Frankston South offers a median rental yield that aligns with Melbourne’s high-yield suburbs.
  • The median house price in Frankston South is $1.19 million as of Q2 2025.
  • The median rent in Frankston South stands at $420 per week per ABS 2021 data.
  • The unit market in Frankston South shows the strongest growth, with a QoQ increase of 4%.
  • Consulting Collings Real Estate ensures access to off-market investment opportunities.

What is the current rental yield in Frankston South?

In Frankston South, the rental yield is a crucial metric for investors evaluating the suburb’s market. As of 2026, using median figures, the gross rental yield for houses can be calculated based on a median price of $1.19 million and a median weekly rent of $420. This yield provides a snapshot of how lucrative Frankston South remains for investors.

How do the current demographics and numbers impact Frankston South’s property market?

Based on the ABS Census 2021, Frankston South has a population of 18,801 with a median age of 44.0 years. The median household income is $2,038 weekly, reflecting a stable economic backdrop that supports robust rental conditions. The median rent aligns with this economic strength, sitting at $420 per week, offering steady returns for property investors.

The increase in unit prices by 4% quarter-over-quarter highlights Frankston South as a growing hot spot, especially for units, which witnessed a significant year-over-year price increase of 11.9%.

What should investors consider when investing in Frankston South?

Investors should evaluate whether Frankston South’s property meets their investment criteria, such as projected growth, household income stability, and rental demand. Access to amenities and transportation are also key influencers for potential rental clients. Moreover, considering the suburb’s consistent growth in unit prices can provide a lucrative opportunity.

For more insights on identifying high rental yield suburbs, investors can refer to our comprehensive guides.

How can Collings Real Estate assist investors in Frankston South?

Collings Real Estate provides investors with detailed market analyses, access to off-market investment opportunities, and expert advice tailored to maximizing rental yields. Our team specializes in turning real estate prospects into high-yielding investments.

Investors are encouraged to talk to a Collings property strategist by contacting us at 03 9486 2000 or emailing info@collings.com.au for personalized advice.

Find your next property with Collings

Track suburbs, get matched to on-market and off-market listings, and manage your whole property search in one place. Access the Collings property portal.


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Estimate only — general information, not financial advice.

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