Frankston City Council
Five Ways
Five Ways at a glance
Median house
$420,000
Sales data pending
Median unit
$302,400
Sales data pending
Days on market
–
Average to sell
Walk score
2
Very car dependent
Population
117k
Median age 33
About
Welcome to Five Ways.
Five Ways is a suburb in Victoria.
Side by side
Compare Five Ways with a nearby suburb.
Median, growth, schools, walkability, all in one view.
Market
The price of a home here.
Median house price
$420,000
+0.0% over the past year. Median unit price $302,400.
Rental and ownership
Weekly rent (house)
$380/wk
Weekly rent (unit)
$323/wk
Owner occupied
–
Renter occupied
–
At a deeper level
$420,000
Sales data pending
$302,400
Sales data pending
–
Average days to sell
117,143
Median age: 33
Get property alerts for Five Ways
Be the first to know when new listings hit the market.
For investors
Investment overview.
Gross Yield (House)
Source: RTBA, Residential Tenancies Bond Authority (VIC)4.70%
Based on $420,000 median
Gross Yield (Unit)
Source: RTBA, Residential Tenancies Bond Authority (VIC)5.55%
Based on $302,400 median
Annual Growth (House)
Source: RTBA, Residential Tenancies Bond Authority (VIC)–
Year-on-year capital growth
Annual Growth (Unit)
Source: RTBA, Residential Tenancies Bond Authority (VIC)–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021–
Higher = more owner-occupier demand
Days on Market
Source: RTBA, Residential Tenancies Bond Authority (VIC)–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Who lives here
Demographics.
Population
117,143
Median age
33
Family households
–
Lone person
–
Safety
Crime and safety.
Crime data not available for this suburb.
Getting around
Walkability.
2
0
0
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Five Ways.
Local schools for Five Ways
View the catchment for each school to find out more.
Government School Catchment
Devon Meadows Primary School
Botanic Ridge Primary School
Clyde Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
639 mm
Hottest Month (avg max)
26.0°C
Coldest Month (avg min)
6.5°C
Monthly Rainfall (mm)
Weather data from BOM station Melbourne (Olympic Park) (65 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Five Ways.
- What is the median house price in Five Ways?
- The median house price in Five Ways, VIC 3977 is $420,000. The median unit price is $302,400. Annual growth is +0.0%.
- What is the Five Ways postcode?
- Five Ways is in the 3977 postcode, in VIC, in the Frankston City Council region.
- What is the average rent in Five Ways?
- The median weekly rent for houses is $380, for units it's $323.
- What schools are in Five Ways?
- There are 20 schools serving Five Ways on this page, including Devon Meadows Primary School, Lighthouse Christian College Cranbourne, Botanic Ridge Primary School.
- How walkable is Five Ways?
- Five Ways has a Walk Score of 2 out of 100, highly car-dependent. transit score 0, bike score 0.
- What suburbs are near Five Ways?
- Five Ways is close to Devon Meadows, Clyde, Junction Village, Cannons Creek, Botanic Ridge.
- What is the population of Five Ways?
- Five Ways has approximately 117,143 residents. The median age is 33.
Five Ways
Guides
Surrounding Suburbs
Side by side
Compare Five Ways vs a nearby suburb
See median prices, growth, schools, walkability and risk side by side in one view.
Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
Always dated
Every figure on this page carries its source and as-of date in a tooltip. If a figure looks off to you, tell us and we’ll fix it within a week.
No login
No paywall, no sign-up, no download form. The suburb data is the product. We earn from partner brokers and agents on the rare occasion you ask for one.
Want a real human to help with Five Ways?
If you’ve looked at the numbers and want someone to talk it through, whether that’s an agent, broker, accountant or conveyancer, we’ll find the right person for your situation. Free, no commitment.
Get connected