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Gussman, good to hear that you are as optimistic as me when it comes to IP's near Mount Eliza village. What do you think about buying a two unit site in Colstan Court? You can still pick up two unit sites for around low $400k and townhouses are going for $550-$600k.

I agree that both Frankston and Mount Eliza are great value for money and have strong capital growth potential if you buy in the right areas. For example, for investment purposes in Mount Eliza I suggest buying as close to the village shopping centre as possible because I believe there is and...