Mark Burke
21 Longleaf Street, Frankston North, Vic 3200
$635,000 - $698,000
3 1 1
Open Saturday 27 June 10:45 am Auction Saturday 25 July 3:00 pm🏛️ About This Suburb (Last Updated Date: 2026-03-13)
History, Aboriginal heritage, and the story behind the name.
Frankston North — Bunurong Country
Originally developed by the Housing Commission of Victoria in the 1960s to provide affordable housing for the growing manufacturing workforce. It was designed as a self-contained estate known locally as 'The Pines' due to the surrounding Monterey Pine plantations.
Transitioning from a predominantly public housing estate to a mix of first-home buyers and investors attracted by large land holdings and proximity to the Peninsula Link.
Overall Score
5.8
Balanced by extreme affordability and high yields against social challenges.
Name Origin
Derived from the adjacent Frankston, which was likely named after settler Charles Franks or General Sir James Frank.
Established
Developed 1960s
The Pines
Locally known for the surrounding flora and the Pines Forest Flora and Fauna Reserve.
Lot Sizes
Characterized by generous 550sqm to 700sqm rectangular blocks.
Aquatic Hub
Home to the Pines Forest Aquatic Centre, a major regional recreational asset.
📊 Scorecard
12 key dimensions scored 0–10. Each score includes a one-line explanation.
Market Momentum
6.5
Steady demand from first-home buyers priced out of Frankston and Seaford.
Amenity
6.0
Good local recreation and parks, but retail is limited to small local strips.
Schools
4.5
Local schools are underperforming compared to state averages but improving through investment.
Transport
6.0
Excellent road access via Peninsula Link; bus-dependent for rail connections.
Risk Profile
4.0
High concentration of social housing and historical stigma impacts capital growth consistency.
Liveability
5.5
Improving with new families, though lacks the 'cafe culture' of neighboring suburbs.
Demographics
4.0
Lower median household income with a high percentage of rental and social housing.
Rental Demand
8.5
Extremely high due to the shortage of low-cost housing in the south-east corridor.
Growth Potential
7.5
Significant upside as a 'ripple effect' suburb from Seaford and Frankston.
Affordability
9.0
One of the most accessible suburbs within 40km of the Melbourne CBD.
Crime & Safety
3.5
Crime rates remain a concern for residents, particularly property-related offenses.
Walkability
5.0
Pockets near the Pines Forest shops are walkable, but most errands require a car.
⚡ Quick Snapshot
Key metrics at a glance, plus your top advantages and watch-outs.
Median House
$615,000
Highly affordable for the region
Gross Yield
4.6%
Strong returns for investors
Family Profile
Young Families
Increasing FHB presence
Transport
Bus/Road
Direct Peninsula Link access
✅ Key Advantages
- Exceptional affordability compared to neighboring Seaford and Frankston.
- Large, flat blocks of land suitable for future subdivision (STCA).
- Immediate access to the Peninsula Link for commuting to Melbourne or the Peninsula.
- Proximity to the Pines Forest Flora and Fauna Reserve and aquatic facilities.
- High rental yields and low vacancy rates attract consistent investor interest.
⚠️ Key Watch-Outs
- High concentration of former and current social housing properties.
- Lower-than-average NAPLAN results for local primary and secondary schools.
- Historical reputation for crime and anti-social behavior in specific pockets.
- Limited local shopping and dining options within the suburb boundaries.
- Presence of asbestos in many original 1960s-era timber and fibro dwellings.
🏘️ Suburb Overview
Character, property mix, price range and what drives value here.
🏙️ Character
Entry-Level Residential
How this suburb feels day-to-day.
🏠 Property Types
Predominantly 1960s weatherboard and brick veneer houses on large lots.
Dominant dwelling stock.
💰 Price Range
$540k – $720k
Typical entry to ceiling.
💡 Why It Matters
It serves as the 'release valve' for the Frankston market, providing a foothold for those who cannot afford the beachside or Frankston South prices.
💰 Price Guide & Market Trends
Medians, rental market, 5-year history and property split.
🏠 House Median
$615,000
$550k – $700k
🏢 Unit Median
$485,000
$420k – $520k
📈 Price Trend
+4.2% past 12 months
12-month movement
🔑 Weekly Rents
Houses $480pw, Units $410pw
Current asking rents
📉 5-Year Price History
🏘️ Property Type Split
Prices have stabilized after the post-COVID boom, making it a low-barrier entry point for long-term land banking.
🎯 Affordability
How this suburb compares to metro and state medians.
🏙️ vs Metro Average
35% below Melbourne metro median
Price comparison
📋 Income Ratio
6.8x annual income
Median price ÷ median income
💳 Gross Yield
4.6% gross yield
Estimated rental yield
More AffordableModeratePremium
Entry levelMid rangePremium
Frankston North remains one of the few suburbs in Greater Melbourne where a detached house on a full block is available for under $650,000.
🔥 Rental Demand
Vacancy rates, demand pressure, tenant profile, and investor outlook.
📊 Vacancy Rate
0.9%
Lower = tighter market
⏱️ Days to Lease
16 days
Avg time on market
📈 Rent Growth p.a.
+8.5% pa
Annual rental increase
Demand Level
Very High
👤 Tenant Profile
Young families, essential workers, and long-term social housing tenants.
💼 Investor Outlook
Strong cash-flow potential. The tight rental market in the south-east ensures minimal vacancy, though tenant selection is critical.
🚀 Growth Potential
Historical capital growth, infrastructure pipeline, and 5-year outlook.
+4.2%
1-Year Growth
+12.5% cumulative
3-Year Growth
+39.8% cumulative
5-Year Growth
📍 Growth Drivers
- Gentrification as older residents sell to young families.
- Spillover demand from more expensive neighbors like Seaford.
- Potential for medium-density rezoning near transport corridors.
- Ongoing council investment in local parks and community hubs.
⛔ Headwinds
- Interest rate sensitivity of the local buyer demographic.
- Slow pace of social change in high-density public housing pockets.
- Limited local employment opportunities requiring commuting.
🔮 5-Year Outlook
Moderate to high growth expected as the 'stigma' fades and the land value of large blocks becomes the primary driver for developers.
🛡️ Crime & Safety
Safety index, trend comparison, and what to check locally.
4
Safety Score
Below Average
📉 Trend
Stable
vs last 12 months
🏙️ vs Metro Average
22% above metro average crime rate
Relative comparison
Risk Categories
Property Damage: High
Burglary: Medium
Assault: Medium
📋 What to Check Locally
Review the Victorian Crime Statistics Agency data by postcode 3200 for specific street-level incidents before purchasing.
⚠️ Risk Profile
Natural hazards and planning risks to verify before buying.
📋 Summary
Primary risks involve socio-economic factors and property condition rather than environmental hazards.
🌊 Flood Risk
Low risk; mostly elevated or well-drained undulating land.
🔥 Bushfire Risk
Moderate risk on the eastern fringe bordering the Pines Forest Flora and Fauna Reserve.
🏦 Insurance Impact
Standard premiums apply, though some insurers may load for high-crime postcodes.
🗺️ Planning & Zoning
Development controls, overlays, and what's changing locally.
📐 Typical Zoning
GRZ1 (General Residential Zone - Schedule 1)
🔲 Overlays
Design and Development Overlay (DDO) in some sections.
🏗️ Development Hotspots
Corner allotments and blocks exceeding 650sqm near the Pines Forest shopping strip.
Zoning allows for dual-occupancy development, which is a key driver for land value.
🌳 Liveability
Day-to-day experience — transport, amenity, green space, schools and healthcare.
🚌 Transport
Good road connectivity via Frankston-Dandenong Rd and Peninsula Link. Bus routes 832 and 833 serve the area.
🛍️ Amenity & Retail
Pines Forest Aquatic Centre and local community center provide good recreational value.
🌲 Parks & Recreation
Excellent access to the Pines Forest Flora and Fauna Reserve and Eric Bell Reserve.
🏫 Schools
Mahogany Rise Primary and Monterey Secondary College are the main local options.
🏥 Healthcare
Close proximity to Frankston Hospital (approx. 10 mins drive).
👥 Demographics
Who lives here — income, age, ownership, and education levels.
A historically working-class community with a high proportion of one-parent families and rental households.
💵 Median Income
$58,500 pa
🏠 Ownership
38% owner-occupied, 58% renting
🎂 Age Profile
Median age 35
🎓 Education
Higher than average percentage of residents with vocational or no post-school qualifications.
📊 Age Distribution
The high rental population supports investor yields but can lead to lower pride-of-ownership in some streets.
🏗️ Major Developments
Infrastructure pipeline and what it means for values and liveability.
📋 Overview
Focus is on social infrastructure and road upgrades rather than high-rise commercial development.
📈 Positive Impacts
- Upgrades to the Pines Forest Aquatic Centre.
- Revitalization of the Monterey Community Park.
- Ongoing Peninsula Link maintenance improving commute times.
📉 Negative Impacts
- Construction noise from road widening projects nearby.
- Temporary disruption during community facility upgrades.
🗺️ Nearby Suburb Comparison
How neighbouring suburbs stack up on price, lifestyle and who they suit.
📍Seaford
Position
North-West
Price
40% more expensive
Lifestyle
Beachside lifestyle with higher-end cafes.
Best for
Lifestyle buyers with higher budgets.
📍Frankston
Position
South
Price
25% more expensive
Lifestyle
Major retail hub and transport interchange.
Best for
Urban dwellers wanting convenience.
📍Carrum Downs
Position
North-East
Price
15% more expensive
Lifestyle
More modern housing estates, less social housing.
Best for
Families seeking 1990s/2000s builds.
📍Langwarrin
Position
East
Price
35% more expensive
Lifestyle
Semi-rural feel, larger family homes.
Best for
Upsizing families.
🔍 Similar Suburbs
Suburbs with a comparable profile — useful if this one is over budget or sold up.
Doveton
VIC
5.5/10
Former commission area with high yields and large blocks.
Corio
VIC
5.2/10
Industrial fringe suburb with significant social housing history.
Whittington
VIC
5.4/10
Geelong fringe with similar socio-economic profile and price point.
Heidke
QLD
5.0/10
High-yield, low-socioeconomic profile with large land components.
💬 Community Sentiment
Aggregated themes from resident discussions, forums and local feedback.
📊 Overall Community Sentiment
Residents appreciate the affordability and the sense of community among long-term locals, but acknowledge the need for better security and school improvements.
★★★★☆
Value for money
We could never have afforded a 600sqm block anywhere else. The neighbors are actually really friendly.
Affordability
Community
★★★☆☆
Safety
It has its rough patches and you need to lock your cars, but it's getting better as more families move in.
Crime
Improvement
★★★★★
Investment
The rental yield is fantastic and I've never had a week of vacancy in five years.
Yield
Demand
💡 Tailored Advice
Personalised guidance for every role in this market.
🧑💼 Buyer Strategy
- Prioritize properties on the western side closer to Seaford for better long-term capital growth.
- Look for 'renovator's delights' where cosmetic work can add immediate value.
- Check the percentage of social housing in the immediate street before committing.
- Negotiate hard on properties with original 1960s electricals or plumbing.
- Ensure the block is rectangular and flat to maximize future development potential.
❓ Questions to Ask the Agent
- What percentage of the houses in this specific street are owner-occupied?
- Has an asbestos audit been conducted on the property?
- Are there any known issues with the sub-floor or stumps?
- What is the current zoning and are there any restrictive covenants?
- How many offers have been received from first-home buyers versus investors?
- Is the property currently tenanted, and if so, what is the lease term?
🏷️ Seller Strategy
- Invest in high-quality fencing and front landscaping to improve street appeal.
- Highlight the proximity to the Peninsula Link in all marketing materials.
- Provide a clear building and pest report to alleviate buyer concerns about older structures.
- Target first-home buyer demographics with 'entry-level' price positioning.
- Ensure all asbestos issues are clearly disclosed or remediated to avoid deal-crashes.
📣 Positioning Tips
Position the property as a 'land-rich' opportunity with immediate livability and long-term development upside.
💼 Investment Case
High-yield play with land-banking benefits.
⚠️ Investment Risks
Higher management intensity due to tenant profile and potential for property damage.
📈 Action Plan
- Buy houses on 600sqm+ blocks.
- Install security screens and robust flooring.
- Use a property manager experienced in lower-socioeconomic areas.
- Focus on long-term capital growth through the gentrification cycle.
🔑 Renter Tips
- Check the proximity to bus routes if you don't drive.
- Look for properties with split-system heating/cooling.
- Verify the security features of the home.
🏘️ What Renters Love Here
Very low rent for the amount of space and land provided.
⚠️ Renter Watch-Outs
Older homes can be poorly insulated and expensive to heat in winter.
🏢 Landlord Strategy
- Conduct quarterly inspections without fail.
- Maintain the gardens to set a standard for the tenant.
- Screen tenants rigorously for stable employment.
📋 Compliance & Management
Ensure all 1960s switchboards are upgraded to meet current Victorian rental safety standards.
🤝 Agent Insights
- Stock turns over quickly if priced under the $600k mark.
- Buyers are increasingly coming from the inner-east looking for value.
- The 'Pines' stigma is slowly being replaced by 'Frankston North' branding.
🎯 Marketing Angles
Affordable Peninsula Living, Development Potential, High Yield Investment.
👤 Target Buyer Profile
First Home Buyers, Savvy Investors, Developers.
✅ Due Diligence Checklist
Tap items to tick them off. Don't skip these before signing anything.
✓
Verify the presence of asbestos in eaves, wet areas, and external cladding.
✓
Check the condition of the concrete or timber stumps.
✓
Review the Victorian Crime Statistics for the specific street.
✓
Confirm the proximity to the nearest bus stop and frequency of service.
✓
Assess the school catchment zones and latest NAPLAN results.
✓
Check for any Design and Development Overlays (DDO) that limit subdivision.
✓
Inspect the electrical switchboard for safety switches.
✓
Evaluate the fencing for security and privacy.
✓
Check for signs of dampness in the sub-floor.
✓
Review the Frankston City Council's future plans for the Pines Forest area.
📚 Government Sources & Disclaimer
Official council and government links only. Always verify independently before any property decision.
⚠️ Important Disclaimer
This report is based on data available as of March 2026 and is intended for informational purposes only. It does not constitute financial or legal advice. Buyers should conduct their own independent research and seek professional advice before making any property purchase.
