how much will you go for this Frankston house

Dear all the rich in money and knowledge Somersofter.

I confess I've been a stalker of this forum , but this is my 1st post.

we are currently looking at 1st IP, esp in Frankston ( arent we all?), but i havent attend much inspection yet.

so my question: how much you think this go for?
 
Dear all the rich in money and knowledge Somersofter.

I confess I've been a stalker of this forum , but this is my 1st post.

we are currently looking at 1st IP, esp in Frankston ( arent we all?), but i havent attend much inspection yet.

so my question: how much you think this go for?

Welcome to the forum, I hope you will find your answer (may not be the house) in one of the following threads.
I guess everybody loves F'ton

http://www.somersoft.com/forums/showthread.php?t=55947

http://www.somersoft.com/forums/showthread.php?t=55385

http://www.somersoft.com/forums/showthread.php?t=51940

http://www.somersoft.com/forums/showthread.php?t=47180

http://www.somersoft.com/forums/showthread.php?t=54984

http://www.somersoft.com/forums/showthread.php?t=54279


KK
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Trust your hopes, not your fears
 
The important thing when investing in Frankston is to buy a cheaper, rentable house on a dual-occ potential block. Most of these dual occ potential blocks are over 600 sq metres in size. In the future, with such blocks, you will be able to put two buildings where there was once one.

In Frankston you can get such sites for around $320k, maybe less if you hunt around. In North Frankston, they are available for much less - around $250k.
Be aware North Frankston is not as close to the beach and still has some public housing. That said, it is a cheap suburb and prices can only go up from here.
 
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