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Hope someone can help. A house I'm looking at has a 'protected tenant' that requires them to pay 1.00 per year rent and it is a life long lease? Can someone explain what this is?

Harris, Did you end up speaking to Andrew Milne about the growth of Frankston from September onwards last year till now? Just curious thats all. Cheers

Just come from 2 Auctions...1 in pratt ave frankston south....2nd in violet st frankston south. Pratt sold for 356k & violet sold for 730k. The thing that amazed me, was that it was a young asian couple (mid-late 20's) who bought both of them. Not a bad amount to go shopping with.

Actually sold my house this week....it was only signed up for about 2 days and sold for full asking price (near Rosedale Gve). So very happy. But yes..some agents do up the value in order to get the listing. I know sycamore really well...my parents live on Lawson Av.

I thought myself it was around the 15% just going on my house valuations...and when i mentioned it to Andrew...thats when he said the 19%. Mine was valued around the 410 last september and now is around the 480/490. Im only new to all this anyway...so just still learning.

Sorry Harris...no info on values etc here......just going off what a couple of agents (andrew milne) have told me thats all. Spose i should have said that in my 1st post.

Pretty sure Frankston has gone up around 19% since October/November last year! Quick gains. Funkytown is looking great...hence why i just bought a property, beach side of Kars St, last week. Bit of work needs to be done...but good spot.