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bronwynt, I have bought in Karingal recently, and have been offering on many more so learning about the area pretty quick :p A few points to consider: - Don't limit yourself to Karingal... if you are not limited by capacity then do consider more prime area's (refer to Harris/ Toni's posts...

SOLD 325k Passed In with 2 bids at auction. First was mine - 280k 2nd was auctioneers with VB of 350k Auctioneer mentioned they had before auction offers of 370 & 360 k. Both were rejected but the 360k offerer was being contacted to come back to buy it... I received a call from auctioneer...

Your lifestyle and location requirements don't make sense with living in Frankston. If you are looking for investment, any type has it's merits, providing your outlook is realistic (ie: given current market conditions i estimate you may find no cap growth for a number of years) In terms of...

life is wealth, Study the transport routes to and from Frankston ... If you are happy with minimum of 3 hrs travel each day on public transport i'd say a great idea. Alternatively, you can transfer uni's to Monash Franskton and get a job in the region :) Another option (maybe more...

Damn, i'm too late. I guess the only explanation here is Frankston is a Metropolitan town ;) Toni, please take it easy on the positive news :p ... I'm still buying. When i'm complete, i'll add the 'i love franga' to my sig. Cheers guys.. great to see this thread going.

Guan, [I see Traralgon has pretty good yield upon a quick check ... 7% looks achievable based on listed prices, looks like limited rental stock and plenty of homes for sale... but the airiel view of where it is does not do any justice, and what is the impetus for growth in the future? :)]...

agree with Southsider on the transport side. not unlike anywhere 20kms + out. throw a bus, waiting time/ drive to a rail station and you have close to 60mins travel time from most areas in the old zone 2 to city. adding another 15-20mins on that can't hurt if you are paying close to half...

ching8, the agent is supposed to act in the best interests of their clients (the vendor) on this basis, they agent will come back to you if they think they can negotiate a better deal with you. that may be price / terms/ faster decision making ;) i have only signed 1 contract on 1 house...

while your looking up beaumaris ... take a look at this fancy place ;) http://en.wikipedia.org/wiki/Frankston%2C_Victoria

Noooo!! :) This is a 'classic' example of the something so 'simple' being perceived in different ways. Let me clarify. Beaumaris Beach is IMHO one of the best beaches in Melbourne Metro. Beaumaris is so unique even the weather is different there (by way of the bay exposure to the east, west...

interesting to hear of the mentone to frankston move toony :) i've spent the last 15 years in beaumaris ... and there is not much more than travel time (+25mins on a city train ride) holding me back from moving into my first purchase in karingal! speaking of infrastructure ... what other...

do not underestimate the power of the sea. combine that with transport & other positive infrastructure and you have a special combination. for example .. put yourself if kerry packers shoes for a moment ... you are so much closer to the beach house in portsea! ... i wonder where i would want...

newhigh, please take it easy on the promoting frankston... i'm still looking to buy a few in the area :p having said that i agree with jingo on the activity the agents have. from my experiences (last weekend) the agents are very bullish on the area, promote the major infrastructure, and of...

thanks Bricks & Mortar, very helpful. i'm starting to see the 'light' behind the ability to negotiate well. having 2 open offers out there is helping speed up my learning a great deal! :p

thanks Harris. I learned this from speaking to agents this morning. I guess this does not take into account any 'subject to' conditions in this contract (ie: finance/ formal property inspection), however i gather it is rare contracts are cancelled as a result of unsatisfactory resolution...

Ok experts, i've been looking in frankston and still trying to determine the value of particular properties vs the mean. apologies for being unprepared without more than a median and a few monday age value's, however i'd like some opinions on the value's of following in karingal district of...