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Thought I'd share something funny. My bank sent me a letter a while ago saying that the preapprovals I had for 2 properties in the Frankston area for up to $250k have now expired now that they are 18 months old. I bought something inner instead. Still, I felt I needed the diversification...

Agreed. There's a whole lotta 'white space' in the Melways around the area. I went to school in Cranbourne (near the Amstel golf course), and I can see the two areas joining up eventually. That's a huge amount of land...

G'day Harris. Thanks for reporting back from 'the field' :). Any idea if this growth is making it's way over to Carrum Downs?

I purchased my first IP in Carrum Downs in 2001. This was from Troy, who I believe is the founder of MPRE. I've interacted with three of their offices in the area (Frankston South, Beach Street and Carrum Downs) and the people I dealt with there were the only real salespeople I met in the...