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About as relevant as the crime figures continually quoted St Kilda's sorry Seaford sojourn St Kilda?s decision to relocate to Seaford remains, for all that club?s political posturing and diplomatic double-talk, one of the worst decisions in the club?s 117-year history. But the proposed...

As I understand it some Local Councils have implemented Victoria?s new and reformed residential zones, some are still in the process of doing this. Thus anyone buying should be very thorough with their DD as many areas are still in a state of flux. Perhaps Grand dad or others pushing...

Quick question, what and where are the new Residential Zones under the Vic. Govs. new planning scheme?

Naturally, they were running from Frankston:p:p

I would think that the link would be looking at the the future productivity of the asset. As you highlighted in the first line of Buffets quote "Focus on the future productivity of the asset you are considering." Which is what grand dad was doing "The big capital gain prospects lie...

Then what is the point of offering up a stupid example?

Focus on the future productivity of the asset you are considering. If you don't feel comfortable making a rough estimate of the asset's future earnings, just forget it and move on. No one has the ability to evaluate every investment possibility. But omniscience isn't necessary; you only need to...

Yes rentable at $290 PW not the median of $346PW($1500PM). Accentuates my point that you need to compare apples with apples which you are not doing. As a retired Valuer with all your Frankston experience what value do you put on this property?

Cheap old houses don't rent for median rents, try comparing apples with apples.. For a retired Property Valuer your reading of ads and comparisons of rentals leaves a lot to be desired.

grand dad Read the ad, it's an auction in March, quoted at $250k +