Average rent in Frankston South, VIC — 2026

Frankston South sits in the Frankston local government area, 43km from the Melbourne CBD, with a population of around 18,801 at the most recent ABS Census (2021). The typical renter pays $420/week — above the Victoria state median of $363/week. 16% of households rent, and the rest own outright or are paying off a mortgage.

$420/wk

ABS 2021 Census median

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Suburb at a glance

Population
18,801

ABS 2021

Median age
44
Distance to Melbourne
43 km
Households renting
16%
Separate houses
86%
Flats / apartments
2%
Born overseas
22%
Top occupation
Professionals
LGA
Frankston

Renting in Frankston South

Frankston South is one of the more expensive parts of Victoria to rent in — the typical renter pays $420/week, around 16% above the state median of $363/week (ABS Census 2021). Most households here own (around 78% are owners or paying a mortgage), and the suburb is mostly separate houses (86%) rather than units. That mix usually means a smaller, slower-turnover rental pool than in inner-city areas at a similar price. The suburb sits 43km from Melbourne, with a population of around 18,801 and a median age of 44. The biggest occupation category is Professionals. Renters often wait longer here, and inspections fill quickly when stock does come up.

Frequently asked questions

What's the median rent in Frankston South?+
Based on ABS Census 2021 data, the median weekly rent for households in Frankston South, VIC was $420. Where renters have submitted recent reports through RenterSay, the live figure shown above reflects post-2021 changes. State rent indices like CoreLogic and Domain suggest the 2021 baseline is now several years stale — treat it as the historical anchor, not the current asking price.
How does Frankston South rent compare to Victoria?+
The Victoria state median weekly rent was $363 at the 2021 Census, while Frankston South came in at $420 — 16% above. Frankston South sits 43km from Melbourne, and rent tends to scale roughly with CBD proximity, transit access, and dwelling type mix (which here is 86% separate houses and 2% flats).
Which suburbs near Frankston South have lower rent?+
Nearby suburbs with lower median rents than Frankston South's $420/week (ABS 2021) include Hughesdale, Kensington (Vic.), Lynbrook - Lyndhurst. Pascoe Vale South, Clyde North - North, Malvern East sit above. Bear in mind that lower nominal rent doesn't always reflect better value once you factor in commute time, transit access, and housing condition — the rent submission form below lets you contribute to the live picture for your area.

Nearby suburbs in VIC

Tarneit - Central

$380/wk

Beaumaris

$612/wk

Brighton East

$602/wk

Brighton (Vic.)

$600/wk

Port Melbourne Industrial

$585/wk

Balwyn North

$554/wk

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