Why Surge Sustainable
A Real Estate agent believes
This part had me worried!
Essentially I agree with what the agent says, but this is hardly an objective source!!
Regards Jason.
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Why Surge Sustainable
A Real Estate agent believes
I am convinced (barring a tsunami or 4 interest rate rises in the next 4 months ) that Frankston is set to gain much better capital growth in 2008 than 2007 (achieved 20% in 07). Most of that growth should occur around the opening of the eastlink with massive publicity and media interest.
Hi Harris,
What % of growth are you tipping for the Frankston area over the coming year? (Difficult question, I know!)
I think you'll find that the only units on the market for a long time are the not-so-good ones in the bad positions.
Pretty sure Frankston has gone up around 19% since October/November last year! Quick gains. Funkytown is looking great...hence why i just bought a property, beach side of Kars St, last week. Bit of work needs to be done...but good spot.
Sorry Harris...no info on values etc here......just going off what a couple of agents (andrew milne) have told me thats all. Spose i should have said that in my 1st post.
I thought myself it was around the 15% just going on my house valuations...and when i mentioned it to Andrew...thats when he said the 19%. Mine was valued around the 410 last september and now is around the 480/490.
Im only new to all this anyway...so just still learning.
wriggles, they are probably new millionare from asia, just stashing their cash here.
and 16 mincha st, sold for $340k, any one been to the other mincha st today (9 feb) ? i am just curious whether or not it is sold ?
cheers.