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Welcome to the Club! With the Frankston median at $360,500 I think its still possible to find dual occ sites for around that price or even below if one chooses to look hard enough. I think the future of Frankston will be in subdividing older style homes and replacing the older weatherboard...

You got yourself a good deal there. Can you plse post some pics so we can take a look & compare? The proof is in the pudding & you've made money; they knockers haven't.

According to the respected property guru Terry Ryder, Frankston is a safer bet for price outperformance than inner Melbourne - and that includes prestigious areas like Brighton and Toorak. He says that Frankston has shown consistent growth over time and has not had the stops and starts of other...