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Fair enough Pete, but let's say prices hadn't increased or had increased very little. The person selling this property would have made a significant loss on his investment. When it comes to property, after having to bare buying and selling costs, they have done extremely well not to lose money...

Sheez, you can cut the negativity with a knife it's so thick around here. Anyway, yes Frankston prices on the rise most definitely. A house I just missed out on in September got sold for $330k. Two bedroom house on a block of around 620 sqm. In hindsight, good thing I missed because I...

You're comparing apples to oranges. How can you compare underperforming stock to limited land supply? I can't see the similarity.

Deltaberry\Aazar, noticed you didn't comment about Northcote and Brunswick? Those that lived there 20 years ago were considered poor and those out in Templestowe\Doncaster rich. How the tables have turned hey? And I won't even go down the Port Melbourne\South Melbourne path... Time and...

It doesn't really matter how much Franga's is slagged. The truth is some day it will prosper because that's just the nature of Melbourne and it's trends over the years. Look at Glenroy, Broadmeadows and Sunshine for example. A few years ago, one would frown upon you if you lived there. Just...

I bought in Frankston South about 6 weeks ago and settle on Monday. Purchased for $345K in the High school zone(walking distance), close a primary school(walking distance), shops at end of street, hospital 2 minute drive and the uni not too far away either. It's a corner block, so has some...