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  1. M

    Melbourne Hot Spots - Outer Melbourne

    Don't know about the rest - but i was working till 2+am and was waiting for some processes to finish - so i went online to post. Will be doing the same next week at frankston. Was impressed with the time it took to get back to the CBD.
  2. M

    Melbourne Hot Spots - Outer Melbourne

    hahaha yeah i am very impressed 42 minutes flat from Frankston to CBD. amazing!! i'm frankstenized now
  3. M

    Melbourne Hot Spots - Outer Melbourne

    Or people (factory slaves) working past 2am like right now
  4. M

    Melbourne Hot Spots - Outer Melbourne

    u're right - the extension eastlink/M1 to frankston.
  5. M

    Melbourne Hot Spots - Outer Melbourne

    That is a bit of a dangerous approach to take - mcdonalds in frankston has been around since early 90s before the extension of m1/eastlink was planned. and i wondering if mcdonalds and bunnings equates to being infrastructure if it is something u are indicating. Growing income levels that come...
  6. M

    Melbourne Hot Spots - Outer Melbourne

    OK forget rich or where extremly rich people buy how would an investor approach to buy a property in melbourne. i curios to find out how other investors would. i would approach this using use technical and fundamental analysis Say gold prices -------------------- technical analysis...
  7. M

    Melbourne Hot Spots - Outer Melbourne

    thanks jason - for the reasonably young comment. i started not that well off too as an "odinary australian" - if you know my history - i got retrenched from my job and only had $800 in my bank account with a mortgage of 200K at the young age of 21. i had to really think deep about how to get...
  8. M

    Melbourne Hot Spots - Outer Melbourne

    3 years ago 170K and only 300K? with the boom would have expected it to be 400K. You can buy in doncaster east landed units for 220K 3 years ago now and sell them 550K now. Your wealthy friend might be only 1 of 10000 wealthy people choosing to invest or live in franktson. The people with real...
  9. M

    Melbourne Hot Spots - Outer Melbourne

    there are some posts from other forum members that are having trouble selling their IPs in frankston even at the lower level end of scale. My workmate had an IP in langwarrin took him nearly 1.5 years to sell it even after reducing the price. it's more than an hour from frankston not to mention...
  10. M

    Melbourne Hot Spots - Outer Melbourne

    which is why it will not grow It's too far to get to the CBD for work, don't get me wrong mt eliza , mornington great places to live but distance wise - too hard unless you working in clayton or somewhere nearby.
  11. M

    Melbourne Hot Spots - Outer Melbourne

    Location plays a part too - where is port melbourne located and where is frankston located.
  12. M

    Melbourne Hot Spots - Outer Melbourne

    Frankston - nah - it's been predicted to grow but it's just been talk - there is a certain stigma associated with frankston being a rough neighbourhood. me being a old boy from peninsula school from mt eliza
  13. M

    Melbourne Hot Spots - Outer Melbourne

    Good point - i would even touch tarneit. although some families might want to find a place to stay rather than stressing on taking a long time to build. Also depends on the target market which this case would be middle to lower income families or people who work in TAC.
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