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Apparently, respected property gurus Terry Ryder and Margaret Lomas have been buying in the area recently. Seaford and Frankston are both on their hotspots list. No mystery there. The cheapies in these suburbs are selling for around 40% below that of the general Melbourne median. But, like...

adding value to ultra-cheapies In relation to the above link- this house can more than pay for its mortgage costs, if done right. I'm told that the previous owner had a caravan at the back of the house that he rented out to a male student for $100pw. As it was tucked out the back the council...

a good cheapie Julie, it is outstandingly cheap, and all the potential negatives seem to have been priced in. A great investment, provided the title is clear of any government road reservations that may eat into your land (ask they lovely agents, they should be able to tell you the facts here.)...

* The lack of professionalism - I leave that to the real estate agents. * Being silent when elderly people are ripped off by local agents - I leave that to you Harris. As you say, we can't change the world by complaining. Nevertheless, I wonder how you'd feel if this happened to someone in...

shame shame shame :mad: It's easy Harris. I love making money. But not at any price, I have a sense of ethics (do you?). I don't like it when elderly or uninformed people are ripped off in the style of the videoclip I posted above. Please view it - you'd learn a lot. I went to some...

seaford warning Seaford is a great investment destination. But if you are buying/selling in Frankston/Seaford, you need to be aware about some of the practices of local agents. This video, from another state, is how many local real estate agents operate. Be prepared, so you don't get hurt...

share with others what you cannot afford to buy yourself? How about a few seasoned Seaford investors point out some of the better value situations for the rest of us. Theres kudos in sharing what you may not be able to buy yourselves. Please post a few cheapie links for the rest of us and point...

Called a few real estate agents in Seaford. They don't seem helpful. "Nothing's for sale mate. Why don't you buy elsewhere? I'd be buying uranium stocks meself" one said. Hmmm:mad: I have a low tolerance for fools. Imagine having to deal with these people when its time to sell.

Do tell !! How much did he buy for and what could he now sell for? We love hearing stories like these.

St Kilda Football club moving to Seaford after over over 100 years in inner Melbourne will definitely improve Seaford's profile. And that will be good for those who are chasing capital gain provided they buy intelligently. Given that the current Seaford median price is well below that of most...