I am hoping that this new thread for Frankston will provide a fresh outlook on the pros and cons for investing or living in Frankston. Approximately 3 years ago I invested in a house there and my reasons for investing there where:
• Some of the cheapest property values in Australia,
• Reported as one the best “ugly ducklings” in Australia by Terry Ryder (Hotspotting 2007).
• Bayside location (beach)
• Newly completed Tollway Eastlink for faster access to CBD/Airport
• Planned $multi-million Marina with ferry services
• Challenges to culture with strong potential for changing the existing social framework
• Budgeted money for rail station improvements, street scapes and crime prevention
Many bag this city as not presenting a good investment due to myths and strong narrow minded views stemming from its history. I believe that this sheep mentality may cause many would be investors to miss the opportunity noting that property prices have already increased in this area over the past year or so.
Zebop
• Some of the cheapest property values in Australia,
• Reported as one the best “ugly ducklings” in Australia by Terry Ryder (Hotspotting 2007).
• Bayside location (beach)
• Newly completed Tollway Eastlink for faster access to CBD/Airport
• Planned $multi-million Marina with ferry services
• Challenges to culture with strong potential for changing the existing social framework
• Budgeted money for rail station improvements, street scapes and crime prevention
Many bag this city as not presenting a good investment due to myths and strong narrow minded views stemming from its history. I believe that this sheep mentality may cause many would be investors to miss the opportunity noting that property prices have already increased in this area over the past year or so.
Zebop