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  1. J

    Is it time for Frankston?

    Doveton, Dandenong, Noble Park etc. None of them really, if I was going for capital growth I'd probably settle with Noble Park or Dandenong maybe Ferntree Gully. For growth Sunshine or reservoir area's. The outer south east has been stagnant for years, it's too far out and full of endless...
  2. J

    Is it time for Frankston?

    Everything in Frankston is extremely overpriced for what it is currently. Found an exception: http://www.realestate.com.au/property-house-vic-frankston-119056247. Could make some money through development, but appears to be a good buy regardless. Perhaps underquoted? Another goodie that...
  3. J

    Is it time for Frankston?

    Frankston was good value 1-2 years ago but I don't believe it's going to grow much further in the short term. I searched the entire suburb and only found a few that were reasonably priced. This one here is worth a look. http://www.realestate.com.au/property-house-vic-frankston-119056247 If I...
  4. J

    Is it time for Frankston?

    I was looking at that one in Queen St it seems rather central yet awfully far from the beach (over 2km). I'm currently looking for a PPOR with good short term growth prospects, without moving to far from family and friends in Berwick. It's either Frankston or Noble Park. Noble Park looks far...
  5. J

    Is it time for Frankston?

    Thought this thread hasn't received enough attention and required a bump.
  6. J

    Is it time for Frankston?

    True, I thought this as well. However I've noticed almost every brick home in the Orwill/Spray st block is potentially under 300k! I've been looking at these blocks for months, If every house is so cheap in the same area there is clearly something wrong with the area (commercial housing/meth...
  7. J

    Is it time for Frankston?

    Berwick is marginally nicer than even Frankston South and has a superior rail line in every way (closer, express, 2 fully functional stations etc). Frankston in comparison to Berwick is effectively Dandenong on the beach (and Frankstons rep arguably worse than that of Dandenong/Doveton)...
  8. J

    Is it time for Frankston?

    I've started to think about Frankston from another perspective. We've lived in the south east for 17 years (Berwick) I'm not saying Frankston won't go up but the median price is currently not far below Berwick which is ridiculous, the median simply can't go above these suburbs. It's a dive in...
  9. J

    Is it time for Frankston?

    Karingal is a little too on the fringe for my liking but I don't mind this one http://www.realestate.com.au/property-house-vic-frankston-118107747 It's on a 844sqm subdividable block, near a station/other things and in the high school zone it's probably under-quoted though. Auction is today...
  10. J

    Is it time for Frankston?

    I cant even find a wooden home under 300k anymore let alone a brick unless it's in Frankston North, they've shot up huge already, the same ones that were 260k only 18 months ago are now fetching around 330k-350k. I don't see any capital growth/profits in these properties unless you develop...
  11. J

    Is it time for Frankston?

    For reference this one went for $327500. It's only a block or two back from the other and over 100k less. In my opinion the house looks in far better condition also. I understand it's not as central or close to the beach but there's no way there's over 100k difference between those two...
  12. J

    Is it time for Frankston?

    Damn this one will go quick http://www.realestate.com.au/property-house-vic-frankston-117730151
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