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    Purchasing in VIC - Frankston Area #2

    I settled on a place in Frankston yesterday and spent the afternoon collecting keys , having a look through 2 new listings and meeting with my Property Manager. My PM had several applicants wanting to become the lucky tenant.
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    Purchasing in VIC - Frankston Area #2

    IMHO Meister good buys don't present themselves to people sitting behind computers. Good buying comes from looking at properties, attending auctions and making offers/bids until the cards fall your way. Oh and I gave up fortune telling years ago when I realised I wanted to make things...
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    Purchasing in VIC - Frankston Area #2

    Heres the story.. The vendor has already refused an offer of $325,000
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    Purchasing in VIC - Frankston Area #2

    I'm different to you Meister. I look through properties for myself and let my own eyes tell me the story.
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    Purchasing in VIC - Frankston Area #2

    Meister, have you actually had a look through the place?
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    Purchasing in VIC - Frankston Area #2

    Friendly realestate agent says the place needs renovating however it is tenanted at the moment for $250 a week.
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    Purchasing in VIC - Frankston Area #2

    Buzz you could over analyse every suburb and find things wrong with it. IMO it comes down to are the reasons to invest in an area more convincing than the reasons not to invest. I think Frankston will continue to return capital growth.
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    Purchasing in VIC - Frankston Area #2

    Gee Buzz, sounds like you should sell the place in Frankston STH to me for a song and put the money into a worthwhile investment some where else.
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    Purchasing in VIC - Frankston Area #2

    I have recently bought a property in Frankston and heres my opinion for what it's worth. 1: Those who jumped into an ex commission house in Frankston NTH 2 or 3 years ago got a bargain however the tidier 11 1/2 square bare bones houses in this area are now heading towards $300,000 and no...
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