Mount Eliza vs Frankston South.
Comparing two suburbs with median house prices of $1,650,000 and $1,190,000. Frankston South edges out on more headline metrics in this comparison.
Frankston South (median $1,190,000) is roughly 39% cheaper to buy into than Mount Eliza ($1,650,000).
Frankston South scores higher on walkability (0/100 vs 14/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Mount Eliza (1060) sits above Frankston South (1031). Mount Eliza skews owner-occupied (90%), Frankston South runs more rental-dense (78% owner).
For buyers
Frankston South is the lower entry point at $1,190,000 median, 39% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Mount Eliza offers the higher gross rental yield (1.61% vs 1.53%), favouring cash-flow investors.
For families
Mount Eliza edges out on average school ICSEA (1060 vs 1031).
Common questions
Is Mount Eliza or Frankston South cheaper to buy in?
Frankston South has the lower median house price at $1,190,000, roughly 39% below Mount Eliza ($1,650,000). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Mount Eliza or Frankston South have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Mount Eliza scores 1060 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 is more walkable, Mount Eliza or Frankston South?
Frankston South scores 14/100 on walkability vs 0/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.
Which suburb has higher rental yield, Mount Eliza or Frankston South?
Gross rental yield on houses is 1.61% in Mount Eliza 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
Price & Market
Rental
Lifestyle & Demographics
Risk & Hazard
Schools
Climate
Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).
Compare Mount Eliza against another suburb