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Errr, never heard anyone use that term. We actually call it "Franga." Of course, that's probably even worse.:D

Hey wigwam, Sorry - I'm not Harris but IMO you are definitely on the right track. Frankston Heights gets my vote after Frankston South - It's just on the other side of the highway but still close to amenities, very close to Monash, excellent little shopping strip of its own and much appeal as...

Agree totally that right now you should be trying to buy into a more desirable area due to the cheaper areas moving first. Of course, there will always be good deals in any area so I'm generalising. I'm not CONVINCED that a unit is the way to go for 2 reasons: a) Small component of land value...

TAG, you'd be hard pressed to go wrong with a LT investment in Frankston North. It was always going to move a lot over the past 5-7 years coming off such a low base. There was intrinsic value even 3-4 years ago when houses were selling for 100-130k (if memory serves me), as you couldn't build...

It sounds ridiculous, you're right - but don't discount the value of the "right" suburb name. Prahran is smack bang next to Toorak and over 100 years it's getting further away in value rather than closer. People are so fickle! long88, if you go down there I think you'll see that Frankston Nth...

My goodness Harris, I certainly was not expecting that tirade. I didn't know that I was having an argument and certainly that was not my intention. As I stated, I was just giving my opinion - however "ill formed" you deem it to be. It's obvious that I am not a sophisticated investor, unlike...

:eek: I hesitated before posting this, but can't help it. I have lived in the area for 7 years and own properties here too. I know that Frankston "looks cheap" compared with other areas in Melbourne, and I agree that fundamentals (infrastructure, transport, beach, freeway) are sound. HOWEVER...