Side by sideSuburb comparison

Frankston South vs Baxter.

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

Baxter (median $740,000) is roughly 61% 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, 61% 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 questionsFrankston South vs Baxter

Common questions

Is Frankston South or Baxter cheaper to buy in?

Baxter has the lower median house price at $740,000, roughly 61% below Frankston South ($1,190,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Frankston South or Baxter 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, Frankston South or Baxter?

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

Frankston South
Metric
Baxter

Price & Market

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

Rental

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

Lifestyle & Demographics

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

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1031
Avg ICSEA
1041

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).