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In my opinion Seaford is really undervalued. Besides schools, I can't understand how Seaford can't nearly be on par with Mentone. Yes Mentone is closer to the city, however by car most of the time Seaford would be a quicker drive than Mentone because of East Link. Give it 10-20 years and...

Unless you are relying on capital growth in the short term, most property investors will actually beneifit in a drop of prices as it gives them a chance to get more property. It may bruise the ego a bit but if one isn't forced to sell, the investor has nothing to be worried about with a...

It's on a main road though.

I've also been wondering why the median prices in Dandenong is higher than Frankston for over a year now. I've decided that it has to be the proximity to the city. I've also wondered why the median prices in Frankston and Seaford are so low and the major issue I see is the proximity to the...

Give me a link to the property and I'll let you know. However from the info you have given and my quick reasearch, the vendors are dreaming.

Having a property in Frankston North, I would love the median house price of the area to be on par with Melbourne. Yes there are advantages of being near calm water rather than a surf beach, however due to the fact that it's so far away from the CBD, I can't see the median price being equal...

There are a few issues with Seaford and Frankston that may explain why the value of these areas are not as high as some people think it should be. a) Assuming there is little traffic it takes around an hour to drive to the city. b) To get to the city by car the quickest way is through 2...

Harris, The position isn't the best. I don't know how much it would cost to make that house nice, but say someone was to buy it for around $230,000 with a view to holding it for a year. Then spend $20k doing it up. Then try and sell it for $320k. If we add about $15K for holding...

http://www.realestate.com.au/cgi-bin/rsearch?a=o&id=105985700&f=0&p=10&t=res&ty=&fmt=&header=&cc=&c=39844924&s=vic&tm=1255752937 Now they are advertising for $245,000. Surely if someone was to offer $240,000 they would take the offer. GordonGekko, maybe they'll contact you if you made an...

Price is low. But it is behind a freeway. Will always be one of the cheapest properties in Seaford.