Recent content by thetruth

You should also look at the new apartments in Olympic Park (Australia Towers). Much more accessible in terms of transport with Olympic Park station next door and buses to Strathfield station, although it would be stretching the said budget

I'm interested in buying my 3rd IP there (have one already in Karingal)... Frankston has been pretty stagnant over the past few years but I agree with granddad it seems the time is now for prices to move. South east water and other large developments I'm sure will boost business and activity...

The stigma surrounding Frankston may be bad now, however that doesn't correlate to prices going up in future. I'm talking 5-10 years. Frankston has all the right factors for growth, ie. Education, hospital, shopping centre, beach, train, and a lot of government interest with infrastructure...

I've had a small 4 bed IP in Frankston (Karingal) for 3 years now. Have increased the rent to 365 pw, purchase price was 320k. Tenants have been good and no issues with rent or house condition. As with any area it really depends on who you get, obviously some common sense is required when...