I think Frankston will be a winning long term including the north, Im just concerned about the quality of tenant in the short term. Some of these Melbourne areas like Sunshine St Albans Frankston, maybe Dandenong all have good growth potential in my IMHO
Hi Zenmaster,
I asked the guy I knew who lived in North Frankston as a kid about streets etc. He didn't know much because he left there when he was 9 and didn't really think about good/bad streets at that age.
However, he grew up in Ironbark Court which he says is in the Pines (houso). From what I've read on past theads, the Pines is pretty full-on - though on the map, his street looks well-located to me.
That's about as helpful as I can get with streets in North Frankston. Not sure if council is selling off ex-housing commission houses yet but it would be a good sign if they were.
I've thought about buying ex-houso in an area in Orange. The caveat is that you have to live in it for 7 years (or whatever's left over of the 7 years when you buy it from previous owner-occupier). The locals warned me not to. Sometimes it's still too early. Then again, sometimes it's the locals who are the harshest critics.
Living in a small town, I hear a lot from the HC locals about what goes on. Most people try to keep to themselves but there's been things like murder of ex-crim; children taken away by DOCS; hunting dogs attacking other dogs walking with their masters; parvo-virus; starving animals and ....
On the other hand, there are plenty of people who love their children and grandchildren, keep the garden nice, look after stray cats, call the police, call the rspca and pay their rent on time.
Would love to hear more about what you find and what you decide to do.
Good on you!!!