My family & I are keen on investing in Frankston because it is Australia's cheapest beachside suburb with marina approval and infrastructure (including a university) in-situ. This thread is specifically for people like us: people who have bought or are hoping to buy in Frankston.
I'm especially keen on Frankston because it has many established homes on redevelopable dual-occ sites: many older houses can be replaced with two or more new ones. The median price for a house in Frankston is a scant $290k, well below the current Melbourne median of around $430k. The marina has been approved at all levels of government and it is just a matter of time before it is built, there is no longer any question that this is going to happen. Frankston will eventually be home to one of Australia's larger major-city marinas, according to high-level local government officials.
If you are a Frankston owner or are keen on buying, please share your views here. Please, no off-topic posts: lets share information and benefit from the mispricing of what must be one of Australia's cheapest beachside suburbs. Salesmen need not post here, thank you.
I'm especially keen on Frankston because it has many established homes on redevelopable dual-occ sites: many older houses can be replaced with two or more new ones. The median price for a house in Frankston is a scant $290k, well below the current Melbourne median of around $430k. The marina has been approved at all levels of government and it is just a matter of time before it is built, there is no longer any question that this is going to happen. Frankston will eventually be home to one of Australia's larger major-city marinas, according to high-level local government officials.
If you are a Frankston owner or are keen on buying, please share your views here. Please, no off-topic posts: lets share information and benefit from the mispricing of what must be one of Australia's cheapest beachside suburbs. Salesmen need not post here, thank you.
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