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So far the feedback indicates that Laverton - dodgy area, larger blocks Altona Meadows - nicer but trainstation issues, smaller blocks Fawkner - tough to sell Resevoir - easier to sell Thomastown - good development sites Any new feedback?

Interesting to see the mixed opinions on Laverton and Altona Meadows. I'd stick to the basics of property and focus on which area has better infrastructure, potential CG and gives the highest profit margin. Great point. How would you tell if it is hard to sell in an area? Look at the time a...

Hi One World, I've noticed you are a strong advocate of Frankston and perked up when I saw your posts. I bought a 650m2 IP in FN 3-4 yrs ago for $268k, selling it right now for $280k. Selling because it is basically doing nothing and the funds can be more profitably used in a curent...

West Sunshine is too isolated with no nearby train stations or decent shopping centers. Could not find many good sized sites in North Sunshine for less than 400k and Braybook is the same. With the exception of West Sunshine, all that area looks good with Albion having the cheaper large...

Oops, wrong section of forum :eek: Maybe mods can move this to "where to buy"

Planning on buying a 3 unit/townhouse development site S.T.F. (subject to finance) early to mid 2014 in sunny Melbourne. Listed a wish list of requirements of a good development site below. Must Haves -allow a profit margin of at least the magical 20% -maximum price of $400,000 -at least...