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Surprising results from Frankston last week: Due to 95% of the sales historically being achieved privately in Frankston rather than the auction format, the average success of the auctions is 50% at best. Last weekend half a dozen properties came to the market with 100% success rate. First for...

This is so because Frankston is almost 3 times the size of most suburbs. The larger the area the higher the number of trnsactions. If the activity in those 3 months was compared with activity in the preceding 3 months then we could have deduced any conclusions. In its current form it is a...

Frankston has excellent prospects for growth and I have a large exposure there however the factors that helped St Kilda 'gentirfy' are not all present in Frankston (mainly the distance from CBD, proximity to some of the best schools, transport access and in general being surrounded by very high...

Well... goes on to prove that there are good quality tenants there too but we have had more than our fair share of ordinary ones. Re the rental discrepancy, I will wait and get all the facts before concluding who is to fault and if I should name the agency managing our portfolio. Some...

Tenant quality in Frankston is mildly speaking "quite average". While I would not stereotype people into categories based on their demographics, I dont know how else to state the obvious... Some of them are feral.. although still manageable. From trivial issues that need plumber called 10...

http://business.theage.com.au/business/melbourne-in-housing-recovery-20090630-d3uk.html "A FIVE-MONTH surge in Melbourne house prices has undone the damage to the property market wrought by the global financial crisis, pushing the median house price to $469,357 and the median unit price to...

I agree with Toony. My units in Karingal have been quite easy to let and have never been vacant for more than a week, each year on average. Plenty of singles/ single parent/ retirees driving the rental market for units. Frankston Sth units are naturally more desirable and command higher rent/...