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Hi GD, where are the rents sky rocketing? Mine aren't. :(

Isn't that a town/suburb just out of Rockhampton? How is this comparable to Frankston, as a suburb in the second most populous metro city in Australia, a transit/activity centre/hub and the gateway to the Mornington Peninsula?

I'd put it at around the low 300K's..........circa 330K. Some comps include one on 254 Skye Rd similar block sold for $295,000 in Aug 2013 and another nearby (22 Santa Barbara Dve) slightly bigger block for $373,000 in Oct 2013. I'd buy it off the internet for $250,000.........but that's not...

This is my favourite type of agent to purchase from. :) It could only get better if they failed to return calls and communicate with me as a prospective buyer. The inept (read slack) rea is an investor's greatest ally. They are usually slack with everyone and this puts a lot of buyers...