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Hi Sabitor, I do not own any IP's, however I am a keen follower of property and shares. The more I research now, the better off I'll be when I'm ready to purchase an IP! I do own a town house in Seaford as mentioned earlier - actually, I'll own it after settlement!

Definitely Toni, I agree. I'm just posting information that I think is important to the thread. Theres too much spruiking here...

double post

According to the graph only up from $218K to $225K which is 3.2%. Dont see how that is "up considerably". Even though they are up this quarter, they are -5.5% since the Mar 08 quarter so nothing to be excited about. Up considerably, LOL...

"that which rises in bad times keeps rising when the good times return" What, you mean like just across the road? Seaford units up 15.3% in the Dec 08 quarter, and up 24% since the Jun 08 quarter...

Sorry, I should have posted a link. http://realestateview.com.au/portal/propertydata?rm=propertydata&search=1&suburbname=frankston%20north&state=vic

Frankston North's median price may have gone up during the last quarter, but it is still down 5.5% from the March 08 quarter. But hey, don't let that get in the way of a good story... Also consider the following: FRANKSTON NORTH: House Median $ 225,000 Monthly Loan Repayment $ 771...

Sorry but I'd have to disagree with the same type of ppl living in Seaford as Frankston North. Definitely a difference IMO. Of course your wants/needs are different. You are looking at an investment, I bought because thats where I see myself living for 10+ years.

Well I just bought a 4 year old brick town house with 3 bedrooms (all with built in robes), 2 bathrooms, double lock up garage in quiet no through road in Seaford for $275K. I have rented in Carrum and Carrum Downs for a few years now, no way in hell I'd want to buy a house in Frankston North...