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Well, Frankston does have plenty of cheap development sized blocks. Good value for money if you plan to develop or sell to a developer in the long run. Its also a beachside suburb which is a plus. But as the above poster said, Frankston is nothing worth bragging about if you are a status...

The median price in Frankston is $363,000, here are some pics of a mortgagees sale in frankston that went for $318,000. All of this on a subdivisable block! Someday (if you are mad enough to bulldoze this gem) you could fit two new houses on the block It will be hard to get the same deal...

After years of false starts Frankston has reappeared on Terry Ryder's list of 10 hot spots.It appears that the low prices and multitude of old houses on large redevelopable blocks seems compelling. Some people say the area is a bit rough. But it IS by the beach and someone did say on another...

Everyone has shown a lot of courage in sharing their problems with the rest of the forum. Depression is clearly something that affects us all. I appreciate and can relate to some of the things said and suggested here. Thanks for sharing. Jenny

I noticed the neighbour managed to squeeze 3 units on a similarly sized site ie. 630sqm. If so, then the block is outstanding value - a town planning precedent has been set. I am curious as to why you don't like it? Please share

I messed up that link....here it is again http://www.realestate.com.au/property-house-vic-frankston-113904583

Can anybody post some links here as to what may be good value in Frankston? I'm especially interested in the low end. If you are buying in the area you needn't show us what you are bidding for, just what you think is good value. This link, which I got from another thread ...

To the person who started this thread: I am a newbie investor and I am interested in capital gain rather than yield. Can you please post links to any properties that you think may be good value and perhaps explain why? I am not interested in paying too much, as you say