Side by sideSuburb comparison

Baxter vs Frankston South.

Comparing two suburbs with median house prices of $740,000 and $1,190,000. Baxter edges out on more headline metrics in this comparison.

Baxter (median $740,000) is roughly 38% cheaper to buy into than Frankston South ($1,190,000).

On school quality, the average ICSEA across schools serving Baxter (1041) sits above Frankston South (1031).

The takeWhich suburb suits which buyer

For buyers

Baxter is the lower entry point at $740,000 median, 38% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Baxter offers the higher gross rental yield (2.50% vs 1.53%), favouring cash-flow investors.

For families

Baxter edges out on average school ICSEA (1041 vs 1031).

Common questionsBaxter vs Frankston South

Common questions

Is Baxter or Frankston South cheaper to buy in?

Baxter has the lower median house price at $740,000, roughly 38% below Frankston South ($1,190,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Baxter or Frankston South have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Baxter scores 1041 vs 1031 in Frankston South. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which suburb has higher rental yield, Baxter or Frankston South?

Gross rental yield on houses is 2.50% in Baxter vs 1.53% in Frankston South. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Baxter
Metric
Frankston South

Price & Market

$740,000
Median house
$1,190,000
$684,000
Median unit
$792,500
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$356/wk
Rent (house / wk)
$350/wk
$360/wk
Rent (unit / wk)
$420/wk
80.0%
Owner occupied
78.0%
16.0%
Renter occupied
16.0%

Lifestyle & Demographics

14
Walk score
14
30
Transit score
0
100
Bike score
100
2,166
Population
18,801
40
Median age
44

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1041
Avg ICSEA
1031

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).