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Hi, I'm still looking into buying a IP in Frankston. Would you know how I would go about finding the vacancy rate for Frankston North? Also, how would I know how much rate a particular property can generate? Can I trust what the agents trying to sell the house is telling me? Thanks.

ha ha!! You just never know with those retirees! I guess people are still abit scared of the 'pines' because of the commission homes. Frankston north is more affordable to me than Frankston. I just hope its not like Noble Park and Keysborough, where Keysborough has gone up in price, but Noble...

Thanks everyone for your advice! I will surely keep my eyes on realestate and domain until I find a little gem of my own. Hopefully I dont have to wait too long. I should probably go see my bank as I havent really spoken to them about how much I can actually borrow! Thanks again. Oh one...

Thanks Meconium for the advice. I def will try and do the work. I just need someone to point me in the right direction. Do I just keep scouting houses on realestate and domain, or do you think I need to go to a few real estate places in Frankston and speak to them? Do I need to do many house...

Thanks for your reply Pickle. I already own a PPOR so this will be an investment property. Are you saying that I probably shouldnt buy in Frankston? Can you also elaborate on the 'interesting ride', I would like to understand what you mean? Thanks

Hi everyone, wow took me ages to read through this whole thread! I wished I had read this thread about a week ago when houses were really cheap. I'm looking at buying my first investment property, and I was thinking either Narre Warren area or Frankston area. Does anyone still think its worth...