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Guys, I think that my views on Frankston are well know with regards to, "Don't be fooled into thinking it's the next Cottlesloe" or whatever. Frankston North is not the most desirable area to live but, as pointed out, no worse than any other lower socio-economic area in Melbourne. I want to...

BTW, as far as value (seeing you asked): First property seems good value - depending what it sold for. Maybe why it's under offer. 2nd & 3rd properties are pitched at investors, who are pretty thin on the ground at the moment. Whereas 18 mths ago a vendor could ask for a higher price based...

Mindmaster, it's not unusual in current climate for sales to be "under offer" for a long time before going unconditional. It's due to the backlog at the major banks. Agents have told me that vendors are continually being asked to extend finance clauses for 2 weeks at a time. The market is...