Chart Color Schemes
This analysis uses ABS Statistical Areas Level 2 (SA2) boundaries, which can materially differ from Suburbs and Localities (SAL) even when sharing similar names.
SA2 boundaries are defined by the Australian Bureau of Statistics and are designed to represent communities for statistical reporting (e.g., census and ERP).
Suburbs and Localities (SAL) represent commonly-used suburb/locality names (postal-style areas) and may use different geographic boundaries. For comprehensive analysis, consider reviewing both boundary types if available.
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ABS ERP | -- people | --
2021 Census | -- people
Sales Activity
Curious about local property values? Filter the chart to assess the volume and appreciation (including resales) trends and regional comparisons, or scroll to the map below view this information at an individual property level.
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Sales Detail
Population
Frankston has seen population growth performance typically on par with national averages when looking at short and medium term trends
Frankston's population was approximately 24,941 as of November 2025. This figure shows an increase of 1,355 people since the 2021 Census, which recorded a population of 23,586. The change is inferred from the estimated resident population of 24,792 in June 2024 and an additional 405 validated new addresses since the Census date. This results in a population density ratio of 2,146 persons per square kilometer, higher than the average across national locations assessed by AreaSearch. Frankston's growth rate of 5.7% since the 2021 census surpassed both the SA4 region (4.0%) and SA3 area, indicating it as a growth leader in the region. Overseas migration contributed approximately 73.8% of overall population gains during recent periods.
AreaSearch adopts ABS/Geoscience Australia projections for each SA2 area, released in 2024 with 2022 as the base year. For areas not covered by this data, AreaSearch uses VIC State Government's Regional/LGA projections from 2023, adjusted using a method of weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Future trends project an above median population growth, with the area expected to increase by 3,609 persons by 2041 based on latest annual ERP population numbers, reflecting a total increase of 13.9% over the 17 years.
Frequently Asked Questions - Population
Development
AreaSearch analysis of residential development drivers sees Frankston recording a relatively average level of approval activity when compared to local markets analysed countrywide
Frankston has received approximately 103 dwelling approvals annually over the past five financial years, totalling 515 homes. As of FY26122 approvals have been recorded. On average, 1.3 new residents per year per dwelling were added between FY21 and FY25. However, this figure has increased to 8.4 people per dwelling over the past two financial years. New properties are constructed at an average cost of $345,000.
This financial year saw $73.5 million in commercial approvals. Compared to Greater Melbourne, Frankston has slightly more development activity, with a 36.0% increase per person over the five-year period. New building activity consists of 25.0% detached houses and 75.0% townhouses or apartments. This shift from the area's existing housing (currently 66.0% houses) indicates decreasing availability of developable sites and changing lifestyles. Frankston has a mature market, with around 431 people per approval.
By 2041, Frankston is expected to grow by 3,460 residents, maintaining a reasonable pace of construction despite increasing competition among buyers.
Frequently Asked Questions - Development
Infrastructure
Frankston has strong levels of nearby infrastructure activity, ranking in the top 40% nationally
The performance of an area is significantly influenced by changes in local infrastructure, major projects, and planning initiatives. AreaSearch has identified a total of 21 projects that are expected to impact the area. Notable projects include Frankston Revitalisation Project, Bayside Mixed-Use Precinct Development, Harbour Frankston, and 35-41 Hastings Road Apartment Development. The following list details those projects likely to be most relevant.
Professional plan users can use the search below to filter and access additional projects.
INFRASTRUCTURE SEARCH
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Frequently Asked Questions - Infrastructure
Frankston Revitalisation Project
The Frankston Revitalisation Project is a multi-decade urban renewal initiative guided by the Frankston Metropolitan Activity Centre (FMAC) Structure Plan, approved in April 2025. Key components include the $60 million transformation of Nepean Highway into a pedestrian-friendly green boulevard, the 'Harbour' mixed-use development (currently rising), and the completed 'Horizon' tower. The plan targets the delivery of approximately 6,000 new dwellings and 2,800 jobs by 2045, focusing on 13 distinct precincts including the City Centre, Station, and Arts precincts.
Peninsula Link Freeway
A 27-kilometre toll-free freeway connecting EastLink at Carrum Downs to the Mornington Peninsula Freeway at Mount Martha. The project features 14 public art installations, innovative noise walls, and a 23km shared use path. In 2025-2026, the freeway underwent significant pavement reconstruction and maintenance works to ensure long-term road safety.
Peninsula University Hospital (Frankston Hospital Redevelopment)
The $1.1 billion redevelopment, now officially known as Peninsula University Hospital, reached practical completion and opened to patients on 20 January 2026. The project delivered a new 12-storey clinical services tower, 130 additional beds, 15 new operating theatres, and a rooftop helipad. Key enhancements include expanded women's and children's services, a dedicated paediatric emergency zone, and a new mental health and oncology hub. While the main tower is operational, minor refurbishment of existing hospital areas will continue throughout 2026, with a new community and childcare centre expected by 2028.
Frankston Metropolitan Activity Centre Structure Plan
A 20-year strategic framework implemented via Amendment C160fran, approved on 11 April 2025. The plan guides the transformation of Frankston into a regional waterfront city, targeting 7,500 new dwellings and 2,800 new jobs within the centre by 2041. Key features include building heights ranging from 3 to 16 storeys in the core, revitalisation of Nepean Boulevard into a green pedestrian-focused corridor, and the creation of six distinct precincts. The plan integrates with the state-led Activity Centre Program to unlock housing diversity and streamline development assessments.
Bayside Mixed-Use Precinct Development
Major ongoing transformation of Bayside Shopping Centre into a contemporary mixed-use precinct by Vicinity Centres. Includes retail reconfiguration with elevated precincts, enhanced dining/entertainment offerings, activated laneways, completed Level 2 office suites (2023), and a planned 8-storey A-Grade office tower at 12 Balmoral Walk (14,000 sqm PCA A-Grade office space with ground-floor retail, designed by Lyons Architecture, targeting 5-Star Green Star). The office tower remains subject to securing an anchor tenant pre-commitment and has not commenced construction as of late 2025.
Harbour Frankston
A 14-level luxury apartment development by Urban DC designed by Elenberg Fraser. Features 94 luxury apartments with cascading greenery, ground floor retail spaces including wellness centre and gymnasium, 25-metre rooftop pool, jacuzzi, gym, sauna, wine room, and private dining facilities. Located alongside Kananook Creek with expansive water views. Construction commenced May 2025.
Frankston Station Precinct Redevelopment
A $63 million redevelopment that transformed the Frankston Station Precinct into a safe, modern, and thriving place with a brand new station, improved accessibility, new platforms, waiting rooms, landscaping, and upgraded pedestrian facilities.
Frankston Tech School - Chisholm Institute Frankston Campus Stage 3
Single storey tech school of nearly 1,000 sqm for up to 95 students, delivering hands on STEM programs for secondary students in partnership with local schools and industry. Part of Stage 3 of Chisholm Frankston campus redevelopment (which also references a Defence Centre), following Stage 2 facilities completed in 2024. Target opening Term 3 2025.
Employment
Employment performance in Frankston has been below expectations when compared to most other areas nationally
Frankston has a skilled workforce with essential services sectors well-represented. The unemployment rate was 7.1% in an unspecified past year, with estimated employment growth of 2.8%. As of September 2025, 12,427 residents were employed, and the unemployment rate was 2.4% higher than Greater Melbourne's rate of 4.7%.
Workforce participation in Frankston lagged at 64.2%, compared to Greater Melbourne's 71.0%. According to Census responses, 22.5% of residents worked from home, considering Covid-19 lockdown impacts. Employment was concentrated in health care & social assistance, construction, and retail trade, with notable concentration in the former at 1.3 times the regional average. Professional & technical employment stood at 5.6%, compared to the regional average of 10.1%.
The worker-to-resident ratio was 0.8 as of the Census, indicating above-normal local employment opportunities. In the 12-month period ending in an unspecified date, employment increased by 2.8% while the labour force grew by 3.0%, raising the unemployment rate by 0.2 percentage points. This contrasted with Greater Melbourne, where employment rose by 3.0%, the labour force grew by 3.3%, and unemployment rose by 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from May-25 project overall growth of 6.6% over five years and 13.7% over ten years, with varying rates across industry sectors. Applying these projections to Frankston's employment mix suggests local employment should increase by 6.7% over five years and 13.9% over ten years, though this is a simple weighting extrapolation for illustrative purposes and does not account for localised population projections.
Frequently Asked Questions - Employment
Income
Income levels sit below national averages according to AreaSearch assessment
Frankston SA2's median income among taxpayers was $53,164 in financial year 2023. The average income stood at $63,915 during the same period. These figures are lower than Greater Melbourne's median and average incomes of $57,688 and $75,164 respectively. By September 2025, with an estimated Wage Price Index growth of 8.25%, Frankston SA2's median income is projected to be approximately $57,550, while the average income is expected to reach around $69,188. Census data shows that household, family, and personal incomes in Frankston rank modestly, between the 27th and 41st percentiles. The largest income bracket comprises 31.3% of residents earning between $1,500 and $2,999 weekly (7,806 residents), which is consistent with broader trends across the broader area showing 32.8% in the same category. Housing affordability pressures are severe in Frankston, with only 80.3% of income remaining after housing costs, ranking at the 22nd percentile.
Frequently Asked Questions - Income
Housing
Frankston displays a diverse mix of dwelling types, with a higher proportion of rental properties than the broader region
In Frankston, as per the latest Census, 65.9% of dwellings were houses, with the remaining 34.1% comprising semi-detached homes, apartments, and other types. This is compared to Melbourne's metropolitan area, where 67.9% of dwellings are houses, and 32.1% are other types. Home ownership in Frankston stood at 24.7%, with mortgaged properties at 31.9% and rented dwellings at 43.4%. The median monthly mortgage repayment in the area was $1,733, lower than Melbourne's metro average of $2,000. The median weekly rent in Frankston was $335, compared to Melbourne's $390. Nationally, Frankston's mortgage repayments were below the Australian average of $1,863, and rents were substantially lower than the national figure of $375.
Frequently Asked Questions - Housing
Household Composition
Frankston features high concentrations of lone person households and group households, with a lower-than-average median household size
Family households account for 59.7% of all households, including 21.6% couples with children, 22.0% couples without children, and 14.9% single parent families. Non-family households make up the remaining 40.3%, with lone person households at 36.2% and group households comprising 4.0%. The median household size is 2.2 people, which is smaller than the Greater Melbourne average of 2.6.
Frequently Asked Questions - Households
Local Schools & Education
The educational profile of Frankston exceeds national averages, with above-average qualification levels and academic performance metrics
The area's university qualification rate is 24.1%, significantly lower than Greater Melbourne's average of 37.0%. Bachelor degrees are the most common, at 16.1%, followed by postgraduate qualifications (4.8%) and graduate diplomas (3.2%). Vocational credentials are prevalent, with 39.5% of residents aged 15+ holding them, including advanced diplomas (13.5%) and certificates (26.0%). Educational participation is high, with 29.3% currently enrolled in formal education.
This includes 8.9% in primary, 7.1% in secondary, and 5.6% in tertiary education.
Frequently Asked Questions - Education
Schools Detail
Nearby Services & Amenities
Transport
Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility
Frankston has 138 active public transport stops operating, all of which are bus stops. These stops are serviced by 28 different routes that collectively facilitate 8,925 weekly passenger trips. The accessibility of public transport in Frankston is rated as excellent, with residents typically located just 196 meters from the nearest stop. Most residents commute outward due to its primarily residential nature. Cars remain the dominant mode of transportation, used by 88% of residents. On average, there are 1.1 vehicles per dwelling, which is below the regional average.
According to the 2021 Census, 22.5% of residents work from home, a figure that may have been influenced by COVID-19 conditions. The service frequency averages 1,275 trips per day across all routes, equating to approximately 64 weekly trips per individual stop. A map accompanies the analysis, showing the 100 nearest stops to the location's centrepoint.
Frequently Asked Questions - Transport
Transport Stops Detail
Health
Health performance in Frankston is well below average with prevalence of common health conditions notable across both younger and older age cohorts
Frankston faces substantial health challenges, as per AreaSearch's assessment. Mortality rates and chronic condition prevalence are notable across both younger and older age cohorts. Private health cover stands at approximately 50% of Frankston's total population (~12,595 people), lower than Greater Melbourne's 56.7% and the national average of 55.7%.
Mental health issues affect 12.2% and asthma impacts 9.4% of residents, with 62.7% reporting no medical ailments, compared to 72.6% in Greater Melbourne. Working-age population faces notable health challenges due to elevated chronic condition rates. Frankston has 18.8% of residents aged 65 and over (4,693 people), higher than Greater Melbourne's 14.9%. Health outcomes among seniors present some challenges, generally aligned with national rankings.
Frequently Asked Questions - Health
Cultural Diversity
The level of cultural diversity witnessed in Frankston was found to be slightly above average when compared nationally for a number of language and cultural background related metrics
Frankston's population has a higher than average cultural diversity, with 13.5% speaking a language other than English at home and 24.8% born overseas. Christianity is the predominant religion in Frankston, comprising 40.0% of its population. Notably, Judaism is overrepresented in Frankston at 0.3%, compared to 1.0% across Greater Melbourne.
In terms of ancestry, the top three groups are English (29.3%), Australian (24.8%), and Irish (8.4%). These percentages are significantly higher than their respective regional averages of 20.1%, 18.4%, and not specified. Additionally, certain ethnic groups show notable differences in representation: Russian at 0.6% (regional average 0.4%), Dutch at 1.9% (regional average 1.2%), and Hungarian at 0.4% (regional average 0.3%).
Frequently Asked Questions - Diversity
Age
Frankston's population aligns closely with national norms in age terms
The median age in Frankston is 39 years, which is slightly higher than Greater Melbourne's average of 37 years and very close to the national average of 38 years. Compared to Greater Melbourne, Frankston has a notably over-represented cohort of 65-74 year-olds (10.3% locally) and an under-represented cohort of 25-34 year-olds (14.2%). According to post-2021 Census data, the 35-44 age group has grown from 13.8% to 15.2%, while the 75-84 cohort increased from 5.2% to 6.4%. Conversely, the 25-34 cohort has declined from 15.6% to 14.2%. Population forecasts for 2041 indicate significant demographic changes in Frankston, with the 75-84 group expected to grow by 68%, reaching 2,665 people from 1,586. This growth is led by residents aged 65 and older, who represent 60% of anticipated population growth. Conversely, the 5-14 and 0-4 age cohorts are expected to experience population declines.