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    Is it time for Frankston?

    3 Unit development site for 350k http://www.realestate.com.au/property-house-vic-frankston-117248947
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    Is it time for Frankston?

    Please show me a property on Orwil or spay st that is sub dividable and under 300k, I want to buy them ( and by the way the Bradshaw st property only sold for the price it did because there are major structural issues, it was initially knocked back by the bank until the price was lowered)...
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    Is it time for Frankston?

    Hello to you to neighbor, which part of the lakes are you at (without giving the exact address of course)
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    1 PPOR or 2 IP and keep renting

    Why would you take out an interest only loan at 5.3% when you can get a principal and interest loan for under 5%? Me personally I would buy two properties rather than one. I believe you are correct Frankston will play catch up with the rest of the state its only a matter of time, that is...
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    Our Night Of Terror

    If they are drunk they would most probably say shoot me and keep harassing you (first hand experience)
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    Is it time for Frankston?

    Hi James You are talking about buying a house to live in I am talking about buying a house for an investment, you really cant compare Berwick to Frankston , one is a beach side suburb the other is not. That would be like me comparing Patterson lakes (where I live) to Ivanhoe and say...
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    Is it time for Frankston?

    We can debate over Frankston until we are blue in the face, some will like the suburb others will not. All i know is over the last 10 years I have invested 1.3M in Frankston and in today's market if I were to sell everything up I would get over 4 Mil. for all the properties combined. From...
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    Is it time for Frankston?

    You are absolutely correct, houses are not as cheap as they use to be however, if you are willing to work at it and have patience you can still grab a bargain, it is still the cheapest bay side suburb in Australia. I do not believe it will hold that title for too much longer, in fact I am...
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    Is it time for Frankston?

    I don't think you have missed the boat at all, there are still bargains in Frankston as long as you are prepared to look and wait. Only last night a property at Bradshaw st was signed up for 285k with a potential rental return of 16kp.a ( the tenant pays for your house) older house on 623...
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    Is Frankston Going to Boom?

    Hi Lord Shanghai There is a 3 unit site advertised at the moment, I have an offer in on this property however I am in two minds if I want this property or another property have my eye on. Unfortunately I cannot buy both at the same time. 345k will buy this property, it currently has a...
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    Is Frankston Going to Boom?

    Hi tristanv The property in question was advertised, albeit at a higher price than i paid, however , we are now making inquiries for next door (door Knocking)the owner wants to sell but because we asked rather than he list he thinks his property is worth 50k over its true value. So now the...
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    Is Frankston Going to Boom?

    I Believe you need to choose the agent carefully some are helpful in securing bargains, a lot are not. The one I am currently using is in the middle somewhere, he tries to get an fair deal for both parties. He is currently negotiating another deal for me for a 3 unit site for 330k, ( has an...
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    Is Frankston Going to Boom?

    At the end of the day an Vendor is the agents client, however the purchaser will possible be the agents new client especially in an investment property. It has been my experience that any agent worth his salt is aware of this and runs a fine lien between vendor and purchaser., they tend to look...
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    Is Frankston Going to Boom?

    Errr nope there are still bargains close to Frankston CBD, I just signed on a house in Orwill st for 300k, on 663SQ metre of land, currently tenanted for 298 per week, I see that as a bargain....
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    importing raw materials -- viable?

    As someone that imports other products from China (not building related) I would not advise buying material from China unless you really know what you are talking about, go over and see the finished product and watch it be loaded into a container. You have to remember Chinese way of thinking is...
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    Michael Yardney's Property Development and renovation 3 day course

    He thinks people on here are all talk and no action??? I know a couple of people on here that would make a lie of what he is saying to you. Good idea to give him a miss if he is so narrow minded.
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    Tree - cut or not

    You do not need council permits if the tree is within 10 meters of the house irrespective of how big the tree is
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    Is Frankston Going to Boom?

    Both of these properties have been under quoted . the one in Minster has sold for 325k ( not worth that given its a small house on an irregular shaped block) the one on Parer they want over 340k Here is another, they are quoting 350+ yet they have valued the property for the owner at 430-450...
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    Thoughts on Frankston South

    Well done Bludger thats what is all about,
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    Is it time for Frankston?

    Well I guess we have been dealing with the Chinese for over 20 years now so maybe it has rubbed off on us. Not a bad way to be
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