To quote Intrinsic Value "For value players this is the essential difference between picking up an asset cheap and catching a 'falling knife' (remember just because something is cheap doesnt mean it is value). Hope this helps those people looking at frankston".
I think that you and others on this forum are missing the point with Frankston as an investment. The key to investment in Frankston is it's future potential from the perspective of today and not say 10 years ago.
It is one of the cheapest suburbs in Australia
The new tollway has been completed allowing for faster access to other areas of Melbourne including CBD/Airport
There will be a new multi million dollar marina & railway upgrade
Government/local are spending on street beautification and confronting the issues of crime
$million properties already exist nearby
Yes there is risk here as there is risk in most forms of investment but please do not overlook what is occuring and is being planned to occur in this city; is this occuring elswhere?.
Zebop Perth
I think that you and others on this forum are missing the point with Frankston as an investment. The key to investment in Frankston is it's future potential from the perspective of today and not say 10 years ago.
It is one of the cheapest suburbs in Australia
The new tollway has been completed allowing for faster access to other areas of Melbourne including CBD/Airport
There will be a new multi million dollar marina & railway upgrade
Government/local are spending on street beautification and confronting the issues of crime
$million properties already exist nearby
Yes there is risk here as there is risk in most forms of investment but please do not overlook what is occuring and is being planned to occur in this city; is this occuring elswhere?.
Zebop Perth