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I know a little about worthy sales figures in Glen Waverly, but it's all relative. But half a million bucks for Frankston? My point is that you just don't associate $500K with a run down, ready to demolish property in central Frankston. But obviously the bar has been raised and the...

Hehehe, no. But this is massive for Frankston. It's a sign of higher prices for sure - it's setting a benchmark whether we like it or not. I think the rules of investing are starting to pay off. Don't go with your gut, go with facts and history of what has happened in other areas with time...

It's happening folks - hold onto your hats. Get in quick before it's too late. Check out this place. Mouldy and run down to bits, but yet it sold for $563,000! In Frankston, yes in Frankston. http://www.realestate.com.au/property-house-vic-frankston-118942695 I can already feel myself...