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Aren't you are confusing him with the Claremont serial killer from WA. Yes, the fella from Claremont is still on the loose. However, if you are referring to the infamous woman hating trannie of 20+ years ago, then yes, he was caught many years ago. Google Paul Denyer. I'm sure he is getting...

Not if you shop around and patiently wait for value. A few people on this forum have gone in blindly, paid too much (often at the behest of Buyers Agents) and then complained that property prices have not risen. If you want capital gain, you should buy the cheap end IMHO. IF you merely want a...

An 8 unit development site on a block barely 650sqm? Obviously, the Frankston City Council's planning dept is being more generous than I ever envisaged. The sales agent for this one has a bit of a reputation.....forget what's on the advert, check with Council before making an offer.

Unlike many others in the area, the elderly sales agent concerned with this particular sale is a straight talker. Give him a buzz and he will mostly likely tell it like it is. I reckon you could pull it off for around $400,000 if you are persuasive enough ie. pay cash within 30 days. Make...

Only time will tell. Frankston is traditionally not a place where stuff goes to auction. Still plenty of value to be had for those who spend an hour a week looking.

Another steal at just $290,000. http://house.ksou.cn/p.php?q=Frankston&sta=vic&id=527790 This one is not on a dual occ site. Nevertheless, its a pretty good deal for a solid house. With a rent review, it should yield 5-6 percent, making it cash flow positive.

OK. This one is a beauty. A house on a dual occ site. Recently sold at auction for $190,000 . Can't beat that! It's the cheapest sale in several years http://house.ksou.cn/p.php?q=Frankston+North&sta=vic&id=513532

About odd-shaped blocks. North Frankston is still very much a buyers market. If you are patient, you need not necessarily pay more for a regular shaped block. The part of Frankston near the Karingal shopping centre is also good value for those who have a buy and hold strategy. Still plenty...

Thanks GD. An exceptionally good buy for $304,500. Someone has gotten themselves an exceptional deal. http://house.ksou.cn/p.php?q=Frankston&sta=vic&id=518214 In a few years time, when Frankston is fully priced, no doubt the buyers agents will move in and start promoting the place.

We are passive investors. Getting plans in place gives us options. If there is an economic slump, builders become a bit cheaper and easier to deal with so that's a positive for us; developing during building booms when builders are smug and extremely busy sounds stressful.

I have plans in place for a few of my acquisitions. Never had any problems with Frankston City Council. They are very happy that people want to do developments in the lower parts of Frankston and Frankston North. In my experience, they went out of their way to help and I found them to be...

Rather than commute, it's likely that at least a few of these professionals will actually move to Frankston or surrounding suburbs. Yes. But not blindly so. I would not be recommending that people buy new stuff in Frankston. There is little capital gain to be had in paying for glitzy...

Here are some pics of approved developments in Frankston, including Southeast Waters gleaming new office which will house several thousand employees and contractors. Clearly, the area is advancing and real money is pouring in. Looks more yuppie than bogan to me. As an aside, St Kilda...

The more money spent in the area the better. Tranquilo, Frankston North is supposedly a rough area. But Frankston City Council is determined to make good and, for this reason, are kinder to developers who want to build in Frankston North. It's one of very few suburbs where you can buy a...

Given that 40% of Frankston houses are sitting on development sized blocks, its a foregone conclusion that population density will eventually rise. This factor may not have been taken into account when forecasters were making future population growth forecasts.

Karingal is an area of Frankston near a shopping centre that bears the same name. It is not on the electoral or Australia Post maps as a suburb - there is no suburb called Karingal, despite what many realtors may claim. There is plenty of value to be had in 'Karingal' in the $300,000 plus...

Very good link, worth looking at. Plenty of new, modern high rise being approved in Frankston. The views of the bay from 16 floors must be great.

Had this forum existed in the 90s, I am sure that anyone 'spruiking' suburbs like Box Hill or Glen Waverly would have copped a walloping on this forum. "Box Hill, Glen Waverly have a crime problem: drugs, murder, increasing numbers of foreigners - you'd be mad to buy there. So much Baloney.

\ The median on its own is useless. The massive deviations from the median are what interest me (provided the houses are rentable). The bigger the deviation, the better IMHO. Nobody rang a bell to announce the precise moment that Richmond or St Kilda would boom. Plenty of naysayers once...

Who says you can't find value in Frankston? In any case, take a look at these solid houses for $265,000 -$275,000. (Perhaps they are bait-adverts, I cannot be sure) http://www.realestate.com.au/property-house-vic-frankston-118390879...