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    Purchasing in VIC - Frankston Area

    okie, Ill send you a message with a few on there please!
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    Purchasing in VIC - Frankston Area

    unfortuantely, my knowledge of frankston central is not as good as north/south, however the potential of this area, I don't need any convincing however, I'm sure you know that you can find proprerties in the north for about $220, and south for about $300k, I just did a re.com.au search, and...
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    Purchasing in VIC - Frankston Area

    I'm not sure if its the same agent again, but if you talk to the agent, he gave me a background of what is happening with the vendor, tenants and the sale process, and it sounds like an ABSOLUTE DISASTER!!!
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    Purchasing in VIC - Frankston Area

    thanks for the link,have contacted the agent, waiting for the reply. just on first impressions, its quite nice, but I think its quite far out from the seaside and it does seem over priced at $260k unless the land is massive.... unless I have missed something
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    Purchasing in VIC - Frankston Area

    oh ok. do you know of a map that shows the bypass in greater detail, I just want to get a feel of what to avoid, do you have any other no go streets??? lucky you told me.... also, I have surprisingly found a property in north selling for between $215k-$225k but is currently renting for $250...
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    Purchasing in VIC - Frankston Area

    someone mentioned that one recently.... apparently its been confirmed that its too loud, however even if the noise wasn't there, what are your reasons for $350k, the house looks nice, maybe neater then others, its a little closer to the beach, land is 571sq m and on the small size, from...
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    Purchasing in VIC - Frankston Area

    thanks bayside, I love talking to locals, maybe Ill be one soon :D im having a look at those properties at the moment, they both seem to be 2bdr units, wouldn;t you think 3bdr houses have more potential for growth and subdivision due to the land component??? also, when you say...
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    Purchasing in VIC - Frankston Area

    Hi Toni, Thanks for your input, keep up the good work! As for potential for frankston, north, south and centre as suburbs, I have already made my mind up on what I think of them and I am happy with them so no need to try and convince me:D:D:D anyways, seeing you own more then one in this...
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    Purchasing in VIC - Frankston Area

    Toni and sabitor84 maybe one or both of you could tell me, I am quite happy with Frankston South and North atm. but what I have realised that the yields in the North are much better then the South. eg properties 3bdr run down houses that are selling for about $220k, are getting close...
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    Purchasing in VIC - Frankston Area

    sabitor84, thats exactly what I have been thinking, however don't quote me on this, but I would say a good development site MAY NOT be a good passive investment, because Ive found a property with large land component, the house is bad, so you would be paying more to buy the entire...
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    Purchasing in VIC - Frankston Area

    ok, can I confirm what you are saying, I think we are thinking on the same wavelength. yes, maybe Im letting emotion or my logic getting involved but I also don't think its right to develop something only to tear it down a few years later, but if its going to get you a better return I guess...
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    Purchasing in VIC - Frankston Area

    hey Matt, can I assume that you are 24-25 years old, if so congrats on starting young, so can I ask if you had the equity/cash, would you develop now, I am just curious if you think the timing is not so great, also, if there are developers out there, do good potential development sites...
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    Purchasing in VIC - Frankston Area

    hey sabitor, thanks for your input, you've raised some interesting and what I would say are valid points. I did have a look at both sides, there are a few F.North 3 BDR for between $195-$220k, pretty shabby good potential for CG and subdiviion, obviously the lower end , and we looked at a...
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    Purchasing in VIC - Frankston Area

    hey bayside I sent you a message before!:p anyways, I used the RE map, and it seems that South is a bit closer to the beach, but it may be the maps badness... so based on the above comment, you think that south doesn't need to change, while the north should or needs to, I also agree...
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    Purchasing in VIC - Frankston Area

    hello sabitor, Id be honest, I think that geelong and corio are too far out for my personal liking (nothing personal!) all I did to find properies in F. South to get $280k was I avoided anything apartment or 1 BDR, as I don't think the CG potential for IBDR in this area would be too crash...
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    Purchasing in VIC - Frankston Area

    Ok, everybodies I'd thought I'd share some experience of Frankston, maybe I'm the first one to do so who is not an agent:D:D:D so basically never been to Frankston before I went down to have a look, I was aware of the big increases say in the late 1990s to early 2000s before I went there, I...
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    Purchasing in VIC - Frankston Area

    Im thinking of buying an IP in frankston in the near future, I am happy with the prospects, and everyones feedback on it, can anyone suggest how I go and research the suburb + some pointers, based o nthe fact that I live 1 hours+ drive away...... and I very rarely go through the area....
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