Frankston

VIC 3199

Frankston is a suburb in the City of Frankston, about 39 kilometres from the Melbourne CBD. Young Street forms the transport-focused heart of the commercial centre, with Frankston railway station and a public transport terminus on the street. The suburb fronts Port Phillip and is known as a gateway to the Mornington Peninsula.

Frankston has an office and consulting market, with office suites and floors alongside medical or consulting suites. The stock serves a substantial administrative, health, education and retail centre on Melbourne's southern edge. Leasing comparisons extend to Seaford, Langwarrin and Mount Eliza.

75

Active lease listings

commercial properties

$40,000

Median annual rent

asking rent across all listings

248

Median days on market

across all active listings

Listings by sector

38

Offices

active lease listings

21

Medical / Consulting

active lease listings

11

Retail and Shops

active lease listings

3

Industrial, Warehouse and Factories

active lease listings

1

Other

active lease listing

1

Showrooms / Bulky Goods

active lease listing

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Last updated 15 August 2026