Search results

Probably belongs to someone in the real estate agent's family. They probably don't ever want to sell it and are using it as a means of fishing for buyers that they can direct to their other listings. It happens a bit. Or maybe they are using it as some kind of mechanism to persuade other...

They are asking $290+ and haven't bothered to answer my calls. Although on a busy road, it is a dual occ site. Probably belongs to some poor granny who doesn't know better - the median is $80,000 over her asking price. Whoever gets this is in for a bargain.

Well, if the recent record price at http://www.realestate.com.au/propert...ston-107074802 is any indication, there are people out there who are prepared to pay good money for a place in Frankston. Nobody says Frankston is the next Cannes. That said, it is indisputably Australia's cheapest...

I hear what you say and I certainly don't want to be seen as some kind of starry eyed dreamer. But consider this: the catalysts for change were not in North Frankston back in 2003 when reasonably solid houses could be bought for barely $110,000. These same houses are now worth close to...

Someone paid a full price for an immaculate home, which is nevertheless on a dual-occ site and still priced well below the Melbourne median. This much is true. Many, many bargains out there. Personally I prefer cheap, average homes to expensive immaculate houses. I would not have paid the...

Back in 2003, had you bought an old house in North Frankston you could have gotten something decent for around $110,000, possibly less if you shopped around. Perhaps an old brick 3 br house on a dual occ site. Today it'd sell for around $300,000 if it was over 600sqm and had side access...

Tried calling them last week. Sold. One of the last of the real cheapies in Frankston. Pity it wasn't a development site but heck, regardless, it was cheap enough.

The above comment was written 18 months ago and scared me out of buying a property I was looking at. It's always interesting to look at things in retrospect. When the investment herd says price are softening, it's often the opposite that is the case. In the last 18 months, Frankston has...

Probably a bank auction or something of the sort. In any case, the firm handling the sale, Dawes 1st National, has a long history of underpricing properties, to the detriment of owners. Barely a year ago, one of their staff offered to buy one of my houses for $200k when it was worth 50% more...

Just so everyone knows, the latest REIV median figure for Frankston was just released and is at $360,500. Here's the link if you want to check in the future: http://data1.reiv.com.au/trendchart/ Frankston South had a massive gain lately and it may well be Frankston's turn to move sharply...

Frankston has risen off a very low base and remains one of Australia's cheapest beachside city suburbs. I'm not saying it's heaven on earth but it's hard to go wrong in Frankston