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No Harris hasnt sold "most" of his holdings... Only offloaded 3 in Frankston and keeping rest of the frank portfolio intact. I had a few more in the market which didnt sell at the price I was demanding and pulled them off the market late last year. The reason I sold the 3 prop in Frank and a...

http://www.theage.com.au/national/likely-goahead-for-frankston-marina-20090308-8sg2.html

Not disappeared.. just on the fringe observing the changing nature of the market. I have been busy with my new work and traveling os non-stop hence not been able to get any latest updates from frankston and have not been there for ages myself. Have hadly had time to even read the forum...

Property investment is not a sprint.. more like a marathon. Currently the investing climate is overwhelmed with all things doom and gloom and frankston is no different. Whilst it did pretty well during 2006 and 2007, 2008 has literally put a stop in the growth in resi prop across Aus. I have...

great stuff JIT thanks for that very informative piece of info... That clearly establishes the very direct co-relation between an emergency hospital dept performance and viability of an area with relation to its investment potential...! cheers Harris

Didn't realise that anyone would take my predictions so literally Bludger..! :eek: Anything that I say is just "my opinion" and not a fact - Haven't checked the latest in Frankston myself lately however will do so on my return from my holidays overseas and post back. Harris

Frankston has had hysterical activity and swelling property values lately due to it suddenly appearing on radar as an affordable, beachside suburb with excellent infrastructure and great connectivity options with new Eastlink. Green tree lined streets are good for overall appeal however...

100 m is a fair distance and not close enough to get noise from the fwy considering sound barriers would be in place. If the place is very close (20-50m) then it becomes a problem. Taketa Cres in my opinion is one of the best location in Karingal due to its proximity to the shopping centre...

Eastlink to Open 29 June Finally... the wait is over ! Eastlink to open in around 6 weeks time - We will now see a significant increase in buyer activity around Frankston with "late" investors swarming in the area off the back of massive amount of scheduled media highlighting the "access...

Frankston median values up from $304k in Dec 07 to $318k in Mar 08 with the median jumping 23% in the past 12 months. Harris

I had a quick look thorugh all three features/ articles and there is a tonne of more stuff to appear in the mainstream press locally and interstate, so hold on for the ride. "The Age" has a number of prop related features on Frankston in the pipeline to appear immediately after Eastlink...

6 auctions yesterday between frankston and frankston south. All prop passed in ! Some good development blocks that I am surprised werent sold yesterday. Will be interesting to watch if they are sold in coming days. It definitely is a buyers market currently. Harris

There are more pointers in this thread than you can poke a stick at ! I would suggest reading the thread again. Also visit the area a few times and get a feel of different parts of frankston. Frankston is 3 times the size of an average suburb with hugely varying demographics and equally...

I am yet to see a single property example that clearly demonstrates that prices are actually dropping in Frankston. The values have stabilised. There is a lot more stock in the market currently off the back of a series of interest rate rises. This means that buyers have a lot more choice...

If one suburb has gentrified the most (relatively speaking) in entire melbourne region that would be Frankston North. Old stats from 2006 Peter. I would be interested to know what the income levels are now. 2 years ago, it was the cheapest suburb of Melbourne. Now the title has been passed on...

For a prop requiring reno at that price range in Frankston, you might still find the odd one around karingal. Talk to as many agents as possible and inform them about what you are looking for.. I have seen a few prop go at or just below $250k in karingal requiring some work in the last couple...

My guess is as good as yours Jom ! I am not too fussed about the actual percentage increase in values, although the higher the better. Investing in multiple areas(outer and inner) / states/ towns and cities at various times over the last 6 years, I have realised that regardless of the...

The only point that I have repeatedly made in my posts and I will reiterate it again. Compared to any other suburb at the moment in Melbourne, Frankston has the most going for it. Eastlink to open very soon and is getting major headlines almost every week around Australia and the impact it...

you beat me to it feihong..! I collected stacks of info from a BA and plenty of agents re a sudden influx of Asians buyers, buying on average 3 prop each. I thought I will get more refined info on that and sales activity before I add my latest update to the thread. Dr Paul (posts here...

Horses for courses.. any dwelling in general scheme of things bought well or at current market value - Personally, I would stay away from any property on main road, across the train line or very close to high tension power lines - otherwise any property in any part should technically increase...