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Was on the Market for a week and sold. A week later back on. Maybe the buyer couldn't get finance or there's a big dirty main sewer pipe in the middle of the yard lol:)

For roypropertyinv just thought this one might be of interest for you http://www.realestate.com.au/property-house-vic-frankston-118822011

SK what do you think that one will sell for? Do you think it will go before Auction?

Yep I agree for my level of experience I'm a buy and hold and I would be looking here and central Frankston.

I am thinking about it. Not that I can any input (newbie) it would be more just show my face and says thanks to everyone that gives their time for free giving advice. Yourself? I do have starting from the 19th of Jan a week off which I was planning to go to Frankston but I don't think my...

Hi Roy where abouts are you in Sydney? I'm in Mascot myself. Hey neeko when are you planning the meet up?

Thanks Roy that's makes it a lot clearer for me. How did you go with Aleppo Crescent did you make any offer?

I noticed there's a lot of odd shaped blocks and houses on angles in Karigal and Frankston Nth area. It would make it hard to keep the existing house and subdivide. Do you thinks there's a market to buy a large block that the house needs to knocked down and sell the subdivision and plans for a...

Thanks gran dad for the post. I'm watching the area every day some good deals going on:)

I think what Lord Shanghai is saying he wouldn't recommend these glitzy overpriced units to a investor. Most people will buy not knowing that they maybe paid to much but for most its the life style thing to live in a apartment.

Thanks I'm trying.:)

I'm just thinking can a private town planner do everything for you when it comes to subdividing? So I can just pay them and they handle all the paper work DA's and so on.

bbmick nice link. Even the Karingal area big push for development. I think it said 740 lots with potential for subdivision if I'm reading it right:) antistar With south east water moving to the area must be good.

Spiderman, neeko, Lord Shanghai.:) Looks like Frankston north could be for the more experienced investor. I could be wrong (I'm a newbie) but I think its buy and start your subdividing ASAP I don't think its buy and hold for years later. That's why I was looking at this Karingal area the...

I forgot to add I'll be putting in low offers with this Ray white. They seem to have a lot way under median price EDIT. Isn't population growth a factor in CG. Frankston has a 13.02% population growth estimate for the next 20 odd years that can't be good.

Thanks Guys. LOL that's why I couldn't find any stats because its not a suburb. I don't know the first thing about to develop, but I want the potential to develop in the future. I think as Australia's population grows anything with a nice size parcel of land even undeveloped is going to be...

Im looking at Frankston. Now a lot of good buys in Karingal, is that a suburb of Frankston? and is that housing commision area?. Or if possible is it better to stay between Nepean HWY and Frankston FWY.