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Looking forward to having you back Harris. I am sure your venture has been highly successful - being the positive and proactive person that you are. Agents are telling me that Frankston is in demand again - and that prices have risen! Regards Jason.

Investment activity has dropped off significantly. Houses are taking a lot longer to sell in Frankston now. Not sure if there are distressed sales just yet. Perhaps you could go and make some low ball offers! :D You may just succeed! Agents need their commissions and they haven't been able...

Thanks Toni, Regards Jason.

Hi Toni and Harris, Do you think these new planning rules have the potential to saturate the market with too many properties, and potentially devalue existing stock? (Especially stock that is sitting on land that cannot be subdivided?) Regards Jason.

Taketa Crescent look to be fairly close to where the proposed Freeway will go in. I know when I was originally looking to buy in Frankston in 2005 I investigated Taketa Crescent. I decided not to buy there because I thought it would be too close to the proposed freeway. The real estate agent...

Real Estate Agent contacts me regularly Hi all, I have toyed with the idea of selling my Frankston IP's. In the process I contacted some agents (as one does) to get an idea of what they would sell for. This was some months ago. However every second week I receive a follow up call (latest...

Just to add, if you had bought into Frankston two years ago your quote above could read: "Frankston has had a high level of growth over the past two years, prices have reached a higher level than many people have thought possible." It really depends on your perspective Guan. Many who...

He may not be a BA, but Harris would be a great first point of contact. He knows the Frankston market extremely well, and would give a BA a good run for their money. Regards Jason.

I shall begin by saying that I have 2 IP's in Karingal. I invested in Karingal as opposed to other areas of Frankston because I was attracted by the amenities the area offers. The shopping centre is large, with the usual supermarkets, and speciality shops. There is also a fairly new Hoyts...

Hello Ms Jade, I have just had two very favourable valuations come back from Karingal in Frankston. I hold fairly ordinary properties there, but the prices you mention above are certainly being recognized by the valuers - at the moment anyway. You could take advantage of the situation now...

Buying and Selling in Frankston. The agents in Frankston are having a field day. To obtain listings they have the rising interest rates on their side to 'scare' potential sellers, and pressure them to list before the demand for properties weakens. Then on the other side of the fence they...

Hi Harris, What % of growth are you tipping for the Frankston area over the coming year? (Difficult question, I know!)

This part had me worried! :eek: Essentially I agree with what the agent says, but this is hardly an objective source!! Regards Jason.

Hi long88, I have two IP's in Karingal. The location, in my opinion, is very attractive - close to the Hub, cinemas, parks, Schools, and only a short drive to the beach and Frankston Central. I have had probems with tenants, but mainly due to mismanagement by a previous agent. Since I...

Toony, do you mind expanding on your troubles with your IP's in Frankston? From what I read you are an advocate for Frankston, and I would be interested to hear of any 'problems'/'difficulties' you may have encountered. I have two IP's in the area, so I am interested to learn of your...

Monique Wakelin is a Buyer's Agent! She will talk up the inner eastern property market at all times! I also read the article, and know for certain that Monique Wakelin would talk down the Frankston market at any given opportunity. She stands for the blue chip suburbs in Melbourne, and...

I would agree with you there! I have also had a less than satisfactory experience with tenants and property managers. I hope you keep a close eye on your rental payments with that many IP's in the area! Good luck, Regards Jason.

I do have IP's in the area, but still found this very amusing! Regards Jason.

Thanks Harris Thanks Harris, Such an objective and comprehensive report. It is contributions such as your's Harris, that make SS an excellent source of up to date information that is not readily available. Thanks so much. Regards Jason.

Hi DonkeyKong, If you cant hang on to it, then I would wait. I was speaking with Andrew Milne of Andrew Milne Real estate two weeks ago. He is anticipating another 10% increase in property prices in the lead up to the completion of the freeway. Regards Jason.