Where exactly is Whistlestop? Any links you can share? I agree with you about Frankston North houses being smallish - but its the block size that interests me; most Frankston North blocks are good for development whilst still allowing you to retain the existing house, in some circumstances.
Annie, Whistlestop is a smallish estate of approximately 600 houses which runs off Skye road. I have a place in Lakewood and made unsuccessful offers on a few places in Whistlestop back in december when vendors seemed to have things their way.
Currently I see properties such as 25 Dalpura Circuit listed at $347,500 after apparently being sold subject to finance.