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.
84
Active lease listings
commercial properties
$37,500
Median annual rent
asking rent across all listings
240
Median days on market
across all active listings
Lease rate trend
$204/m² p.a.
Median advertised rate
Down 26.2%
Change over 12 months
Indicative only: advertised rates across all commercial listing types and sizes in Frankston. Drill down to individual listings in MarketBuddy
Listings by sector
39
Offices
active lease listings
28
Medical / Consulting
active lease listings
10
Retail and Shops
active lease listings
4
Industrial, Warehouse and Factories
active lease listings
1
Land and Developments
active lease listing
1
Other
active lease listing
1
Showrooms / Bulky Goods
active lease listing
Want to know more?
Explore commercial property insights for Frankston in MarketBuddy.
Last updated 7 November 2026