Those sort of evaluations are all over the place
I had the same sort of results too, including $100K+ difference in my favour for an inner bayside unit. LOL I wish.
Is it time for Frankston?
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Those sort of evaluations are all over the place
I had the same sort of results too, including $100K+ difference in my favour for an inner bayside unit. LOL I wish.
It's Ground Hog Day.....again
Yes, it happened again
The lease for the rear unit is expiring in June and I received another nil increase recommendation. This is currently renting at $225 after being on a 12 month lease. After sharing my views, I offered the tenant a 12 lease with a $5 pw increase on commencement and another $5pw increase after 6 months....they accepted.
Yes, it happened again
The lease for the rear unit is expiring in June and I received another nil increase recommendation. This is currently renting at $225 after being on a 12 month lease. After sharing my views, I offered the tenant a 12 lease with a $5 pw increase on commencement and another $5pw increase after 6 months....they accepted.
There is still plenty of outstanding sub-$300,000 value in Frankston for persistent searchers.
A couple of dual occ sites with perfectly solid, rentable homes sold recently for below $300,000. Some useful information is here: http://house.ksou.cn/p.php?q=Frankston,+VIC
The money in Frankston will be made by those who buy right. There is no need to overpay as there are still many outstanding opportunities around if one bargains hard.
A couple of dual occ sites with perfectly solid, rentable homes sold recently for below $300,000. Some useful information is here: http://house.ksou.cn/p.php?q=Frankston,+VIC
The money in Frankston will be made by those who buy right. There is no need to overpay as there are still many outstanding opportunities around if one bargains hard.
im curious, what do you do for a job?
Any word on the marina from any official source?... Driving past during summer time, it's Boat City down there.
marina..
hrmm i havent heard anything as of yet. but i did find this article from a little while back.
need some investors for the project maybe...
http://mpnews.com.au/2012/12/02/frankston-back-on-marina-money-trail/
hrmm i havent heard anything as of yet. but i did find this article from a little while back.
need some investors for the project maybe...
http://mpnews.com.au/2012/12/02/frankston-back-on-marina-money-trail/
Just came from the auction for this place
http://www.realestate.com.au/property-house-vic-frankston-116238667
sold for $435K
http://www.realestate.com.au/property-house-vic-frankston-116238667
sold for $435K
woahh!!!! thats quite good, especially for 3 bedders in the area too.
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!!!
A few more projects should be good for the F-ton LGA.
http://www.realestate.com.au/property-house-vic-frankston-116613919?rsf=emailalert-propdetails
I had this under contract in original untouched condition for $280k about July 2009, Asking price $300k, just before I got gazumped
will be interesting to see how it goes
I had this under contract in original untouched condition for $280k about July 2009, Asking price $300k, just before I got gazumped
will be interesting to see how it goes
