heehee there's no comeback for that!
Let's hope the council does a helluva good job with the station precinct clean-up
Is it time for Frankston?
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heehee there's no comeback for that!
Let's hope the council does a helluva good job with the station precinct clean-up
heehee there's no comeback for that!
Let's hope the council does a helluva good job with the station precinct clean-up
They've got a big job ahead of them given the 'interesting' retail mix, eg:
https://www.google.com.au/maps/@-38...m4!1e1!3m2!1swAuZBi2nIzu6bR2xOoXhXQ!2e0?hl=en
Three for sale on the one building: https://www.google.com.au/maps/@-38...m4!1e1!3m2!1ssrXQbF-KyIJVayfXpmyoJw!2e0?hl=en
Cash store: https://www.google.com.au/maps/@-38...m4!1e1!3m2!1sKmHHgoL2Ufdt6Xz6Q_mnwg!2e0?hl=en
It's next door to a methadone dispensing pharmacy (one of seven in a small area) http://healthengine.com.au/interest/Methadone_Treatment_Program/VIC/Frankston-3199/ with some council views at: http://www.theage.com.au/victoria/stop-honey-pot-of-drugs-in-frankston-council-20140623-zsjc6.html
Shops: https://www.google.com.au/maps/@-38...m4!1e1!3m2!1sqq-RmfGbXbmg7UeMgS-WVg!2e0?hl=en
https://www.google.com.au/maps/@-38...m4!1e1!3m2!1sqyi18S9fVMSEJpiAeszFOg!2e0?hl=en
The office of the (in)famous local MP:
https://www.google.com.au/maps/@-38...m4!1e1!3m2!1s3tNag1P4C2sBQKGSf43SEA!2e0?hl=en
Although some say that the low rent places have been priced out of central Frankston, nothing much has moved in to take their place.
Eg the old Savers (now closed): https://www.google.com.au/maps/@-38...m4!1e1!3m2!1sgXGIbrg8H7xmb70p35Yexg!2e0?hl=en
The old Dick Smith (empty for >5 years)
https://www.google.com.au/maps/@-38...m4!1e1!3m2!1skp5hDVa_SWta9ZsUDCE5bA!2e0?hl=en
In contrast, here's the main street of Berwick:
https://www.google.com.au/maps/@-38...m4!1e1!3m2!1siCzxlBey6yQrq6XhJ3AuJw!2e0?hl=en
Well Spider, the main shopping drag in Geraldton, where you own property, was a real dive a scant 7 years ago. Tattooists, massage shops, graffiti. It's changed quite a bit hasn't it?
One day we'll look back on it and reminisce about the old place and the weirdos and whoever - we'll laugh about the MP who fought for Franga. We'll laugh at the stuck-up toffs who pay ridiculous prices for tiny parcels of land.
We'll wonder whether it's lost its character.
Stayed at the Best Western when I was in Frankston a few weeks ago. I loved it. The old 80's building is holding up well and the layout is really smart - great airflow.
We'll wonder whether it's lost its character.
The median strip is really nice. The buildings look nice until ... oh yuk! They're just a cheap recent echo of some past architectural style.
Stayed at the Best Western when I was in Frankston a few weeks ago. I loved it. The old 80's building is holding up well and the layout is really smart - great airflow.
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Who says you can't find value in Frankston? In any case, take a look at these solid houses for $265,000 -$275,000. (Perhaps they are bait-adverts, I cannot be sure)
http://www.realestate.com.au/property-house-vic-frankston-118390879
http://www.realestate.com.au/property-house-vic-frankston-118300643
If you are a quant investor, you will note that the two links are priced almost $100,000 below the Frankston median. If you are not into medians, that's fine - think of the 5%-6% potential yield.
If you are a buyer, the people at Ray White Frankston are your friends. They are notorious underpricers with zero loyalty to vendors. Make a good cash offer and you are in at a bargain-basement price. Obviously, you would not want to be selling your house thru these clowns.
The 2nd link is especially good. According to the agent the house at 16 Wave St, Frankston central is a single residential site. In reality, if demolished, its almost certainly a dual occ site. Too good to demolish. Best rented out for a few years.
Am I spruiking Frankston? Not really. Zero bragging rights if you buy either of these. That said, decent capital gain is pretty assured if you get 'em at the right price.
http://www.realestate.com.au/property-house-vic-frankston-118390879
http://www.realestate.com.au/property-house-vic-frankston-118300643
If you are a quant investor, you will note that the two links are priced almost $100,000 below the Frankston median. If you are not into medians, that's fine - think of the 5%-6% potential yield.
If you are a buyer, the people at Ray White Frankston are your friends. They are notorious underpricers with zero loyalty to vendors. Make a good cash offer and you are in at a bargain-basement price. Obviously, you would not want to be selling your house thru these clowns.
The 2nd link is especially good. According to the agent the house at 16 Wave St, Frankston central is a single residential site. In reality, if demolished, its almost certainly a dual occ site. Too good to demolish. Best rented out for a few years.
Am I spruiking Frankston? Not really. Zero bragging rights if you buy either of these. That said, decent capital gain is pretty assured if you get 'em at the right price.
^^ Lord, median price comparisons dont represent a good deal or not from a specific comparison
would you pay $500k for an average house in western syd assuming its a good deal because the median of sydney is $700k?
would you pay $500k for an average house in western syd assuming its a good deal because the median of sydney is $700k?
Hello to you to neighbor, which part of the lakes are you at (without giving the exact address of course)
\
The median on its own is useless. The massive deviations from the median are what interest me (provided the houses are rentable). The bigger the deviation, the better IMHO.
Nobody rang a bell to announce the precise moment that Richmond or St Kilda would boom. Plenty of naysayers once decried these two low-status suburbs. "Drugs, prostitution, immigrants....it's too cheap.....who'd want to buy there?" Well, look who's laughing now!
Berwick is marginally nicer than even Frankston South and has a superior rail line in every way (closer, express, 2 fully functional stations etc). Frankston in comparison to Berwick is effectively Dandenong on the beach (and Frankstons rep arguably worse than that of Dandenong/Doveton).
Olivers Hill has some nice views/blocks but the quality of the beach itself is heavily overrated (I'd prefer any beachside suburb along the Great Ocean Rd
), however let's not forget Olivers Hill is an island in a sea of Dandenong! Even most of Olivers Hill itself is old and rundown with cheap floating low socioeconomic beach style homes, the area is not as well well maintained by the council. The houses, blocks, streets, public gardens, infrastructure etc all radiate that off putting low socio-econmic 70's look, that reminds you that you still live in Frankston no matter what area it is, dangerous cracks in the paving, roads patched with rubber etc. If they ripped up all the homes on Olivers hill, laid new roads, paving, nice commercial districts ie effectively started over it could be nicer than Berwick due to the rare views but the fact is the town was obviously built on a budget in comparison to other suburbs at the time There's no comparison for Berwick in Frankston, and I know where I'd much rather live if we're talking rich. Not one single street in Olivers Hill looks as nice as any of the richest streets in Berwick! You feel Dandenong in Olivers Hill the moment you leave your driveway, or begin your walk to the beach.. and not even building a 4 million dollar home will change that street demographic until the streets/nature strips/gardens are actually maintained/redone by a proper council!
http://www.realestate.com.au/property-house-vic-berwick-118354347
Yes wouldn't look bad with a beach but it's preference
I still prefer it to Olivers as I can't see a hundred aged/cracked Terracotta rooftops plaguing the view constantly reminding me my Olivers home is a million dollar view of centrelink rooftops every time I try to enjoy it Frankston is a funny area, very mixed demographics! However it appears richer people moving in ie building nicer homes in an unchanged town. Are the streets, shops, being made nicer along with it? In comparison Berwick is bombarded with upgrades such as Bryn Mawr Bridge, Casey Hospital, Clyde rd upgrade, Nossal, and trainline/station. Frankston looks no different than 20yrs ago and those roads/parks could really use a cosmetic upgrade!
True, I thought this as well. However I've noticed almost every brick home in the Orwill/Spray st block is potentially under 300k! I've been looking at these blocks for months, If every house is so cheap in the same area there is clearly something wrong with the area (commercial housing/meth labs?). Something I've missed and need to find out in regards to this little area. Every other adjacent block is a good 50k over this Orwill/Spray st area, I can't see how a subdividable brick so close to the beach side of the cbd for under 300k can be a bad buy, nor can be so cheap!
Which is why I think there must be something real cringeworthy with that area? That Orwill/Spray block is essentially cheaper than most of Karingal/Frankston North :S Must be weekly murders going on is the only way I can thinks to explain it.
Hi
Ok I am very impressed with streets in Frankston South such as Yamala Drive, Gulls Way and Alicudi Ave and believe the demographics in these areas to be very different to the general Frankston and Berwick demographic. I state this based on the number of Ferrari's and Lamborghini's in a large number of home owners garages and the odd helicopter landing illegally around Christmas time is a sight to see! I also like the people with there own 3 hole golf course in Sybil Avenue...that is impressive for me. I would be very interested to know of better streets than these in the Berwick Area so I can go and check them out first hand.
It is also great to compare Frankston to the Great Ocean Road as they are both seaside locations that can take advantage of the sea. However I think Frankston having multiple boat ramp facilities and a coastline suitable to build a marina makes it the more desirable location for me to live in simply due to it also been within metropolitan part of Melbourne and able to catch a train ride to the city. Frankston's beach is fantastic, it is very safe for swimming and has great million dollar views of the Oliver's hill cliff while you go for a dip.
Frankston's big let down at the moment is the shops and I find the Berwick shopping strip to be much safer and higher quality.
But yes the Orwil St/Spray Ave parts of Frankston has traditionally been a poor looking and rougher sector of Frankston. These issues are reflected in the current asking prices, however the area has been getting better and I can see the light at the end of the tunnel as pro-active property development is happening in that little sector and the un-desirables are shifting out. Yes I am certain you will find some meth labs in those streets.
Regards,
alicudi
Ok I am very impressed with streets in Frankston South such as Yamala Drive, Gulls Way and Alicudi Ave and believe the demographics in these areas to be very different to the general Frankston and Berwick demographic. I state this based on the number of Ferrari's and Lamborghini's in a large number of home owners garages and the odd helicopter landing illegally around Christmas time is a sight to see! I also like the people with there own 3 hole golf course in Sybil Avenue...that is impressive for me. I would be very interested to know of better streets than these in the Berwick Area so I can go and check them out first hand.
It is also great to compare Frankston to the Great Ocean Road as they are both seaside locations that can take advantage of the sea. However I think Frankston having multiple boat ramp facilities and a coastline suitable to build a marina makes it the more desirable location for me to live in simply due to it also been within metropolitan part of Melbourne and able to catch a train ride to the city. Frankston's beach is fantastic, it is very safe for swimming and has great million dollar views of the Oliver's hill cliff while you go for a dip.
Frankston's big let down at the moment is the shops and I find the Berwick shopping strip to be much safer and higher quality.
But yes the Orwil St/Spray Ave parts of Frankston has traditionally been a poor looking and rougher sector of Frankston. These issues are reflected in the current asking prices, however the area has been getting better and I can see the light at the end of the tunnel as pro-active property development is happening in that little sector and the un-desirables are shifting out. Yes I am certain you will find some meth labs in those streets.
Regards,
alicudi
The Orwil/Spray block location is terrible. It's beyond walking distance of trains. It's not really a practical walk to the the beach. There's no high schools of note in the area.
Its local shopping strip (a couple of shops on Fairway) is uninspiring. It's a long, unattractive (and in some peoples view unsafe) walk to Frankston shops. For daily needs (eg groceries) I suspect that people value a good supermarket in a medium sized centre more than a large shopping centre in a larger town centre.
I think there's also a psychological thing about people not liking to be hemmed in by hemmed in by main roads (especially freeways) and railways. The Orwil St area has this on two sides. Whereas other parts of Frankston are more permeable, being away from these barriers.
It's not perfect but I think Walkscore is a pretty good measure of suburban amenity.
17 Bradshaw St (near Spray St) is 26 (car dependent). http://www.walkscore.com/score/17-bradshaw-st-frankston-vic-australia
Whereas a handy part of Karingal (like 80 Lucerne Cres) has a walk score of 72 (walk to most things).
Chalk and cheese. The vastly better location is probably worth the price difference.
You will also get that sort score in parts of central Frankston, eg off Beach Rd not too far east or closer parts to the south.
Very good points spiderman. That walkability app is excellent - though a little harsh. I just did a walkability on the place I'm living in now and it only came up as 68 even though I could easily walk to anywhere in town within 20 mins.
The other thing is, it considers a Dance School and an employment agency to be schools/educational institutions.
However, in general, it's very useful and I'll definitely be using it in my future on-line research.
The other thing is, it considers a Dance School and an employment agency to be schools/educational institutions.
However, in general, it's very useful and I'll definitely be using it in my future on-line research.
Frankston is definitely the kind of place where you need a car to get around. Unless its central Frankston (where much of the supposed crime takes place).
On the topic of crime, I googled "st kilda, crime" and came up with literally dozens of stories of murders, prostitution and drug busts. Prices in St Kilda are sky high, despite all the bad news. Heck, in the 80s, a large part of St Kilda was a no go area after dark.
Spiderman should google "geraldton, crime" - the results are not indicative of the massive capital gain he has made by getting in early. For him that was in 2003 or thereabouts.
On the topic of crime, I googled "st kilda, crime" and came up with literally dozens of stories of murders, prostitution and drug busts. Prices in St Kilda are sky high, despite all the bad news. Heck, in the 80s, a large part of St Kilda was a no go area after dark.
Spiderman should google "geraldton, crime" - the results are not indicative of the massive capital gain he has made by getting in early. For him that was in 2003 or thereabouts.
Please show me a property on Orwil or spay st that is sub dividable and under 300k, I want to buy them ( and by the way the Bradshaw st property only sold for the price it did because there are major structural issues, it was initially knocked back by the bank until the price was lowered)
If you look at sales figure over say the last 6 months you will find properties that have sold as high as 450k in this particular area, have a look at the amount of planning applications that are waiting in council for this area and you will also see this little part of Frankston is about to be upgraded, Prices will follow the upgrades.
Had this forum existed in the 90s, I am sure that anyone 'spruiking' suburbs like Box Hill or Glen Waverly would have copped a walloping on this forum.
"Box Hill, Glen Waverly have a crime problem: drugs, murder, increasing numbers of foreigners - you'd be mad to buy there.
So much Baloney.
