VIC3200· Pop. 5,711Frankston

PINES FOREST

MaturePremium-priced suburb — lower upside but defensive and liquid

Investor score

60

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

$700,000

VIC Gov · 2025

Rent yield

2.3%

computed from govt data

Annual growth

10.4%

annualised from govt data

Vacancy rate

2.6%

modelled estimate

AI insights for PINES FOREST

Investment analysis, risks & comparisons

PREMIUM

PINES FOREST shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Median price sourced from VIC Gov · 2025 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$315/wk

DFFH Moving Annual Rent · Sep 2025

Demand change

+3.7%

annual shift

Yield × growth index

6.4

combined signal

Net yield (est.)

2.72%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+9.2%

est. compound, long-run avg

10-yr growth (CAGR)

+7.8%

est. compound, long-run avg

Rental demand

63 / 100

Strong demand

Supply pipeline

Est.

3.9%

new dwellings approved / stock · Modelled estimate

High supply risk

5-year price history

2020
$450k
2021
$580k
2022
$610k
2023
$574k
2025
$700k

Source: VIC Gov · 2025 · all sources

Market overview

PINES FOREST is a metropolitan VIC suburb with strong capital growth momentum and lower rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.

Highlights

  • Metro VIC suburb with strong infrastructure and transport
  • Rental yield 2.3% with stable tenant demand
  • High annual growth of 10.4% — outperforming state average
  • Access to national transport network and amenities

Risk factors

  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$1,128/wk

$96k taxable p.a.

Renters

45.2%

52.1% owner-occupier

Median age

37.0 yrs

Unemployment

3.8%

Population growth

+4.4% p.a.

Investor-owned

5.0%

of all dwellings (ATO)

Houses

57%

31% apartments

Degree qualified

36.7%

bachelor's or higher (ABS)

Work from home

27.7%

of employed residents (ABS Census)

Median lot size

580 m²

Standard block

Household size

2.3 persons

avg per dwelling (ABS Census)

Short-term rental

6.9%

Some Airbnb activity

Market activity

Distance to CBD

38.7 km

Regional

Days on market

23 days

Fast-moving market

Auction clearance

72.2%

Strong demand

Walkability

29 / 100

Some errands walkable

Coastal proximity

10.3 km

Coastal fringe

NBN technology

FTTP

Fastest — full fibre to premises

Population density

1,007/km²

Suburban

Schools in postcode 3200

🏫2 Primary🎓1 Secondary
ACARA 2025

🏫Primary (2)

Aldercourt Primary School

Government · Yrs Prep-6

ICSEA 918

Mahogany Rise Primary School

Government · Yrs Prep-6

ICSEA 909

🎓Secondary (1)

Monterey Secondary College

Government · Yrs 7-12

ICSEA 927

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

High crime
3/ 100

13.1 offences / 100 persons

Source: VIC Crime Statistics Agency · Dec 2025

School quality

Below average
918ICSEA · national avg 1000

3 schools in postcode area

Source: ACARA My School 2025

Transit access

Limited
35/ 100
🚆 5 train🚃 22 tram🚌 51 bus

Source: State GTFS feeds

Gentrification signal

31

/ 100

Early signs

Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

low

Source: State GIS flood zone data

🔥

Bushfire risk

low

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

medium

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

Properties in PINES FOREST

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