VIC Could Franga finally be coming into its own?

Discussion in 'Where to Buy' started by Pins, 11th May, 2016.

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  1. Natedog

    Natedog Well-Known Member

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    Frankston has shot off already mate, talking specifically Frankston South as the area I focus attention on. Based on comparable auction and sales results a property I purchased would sell 20% more than I paid for it in July last year....it's a bit nuts....but I like it :)
     
    Natedog, 28th Jun, 2016
    #61
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  2. Small_investor

    Small_investor Active Member

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    What you guys think about 2 bedroom unit will fare in future? any chances of CG?
     
    Small_investor, 29th Jun, 2016
    #62
  3. WattleIdo

    WattleIdo midas touch

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    Units have done surprisingly well in the past. I would try to get something close to city centre, however. Not saying a unit is better than a house though.
    They have their pluses, for sure.
     
    WattleIdo, 29th Jun, 2016
    #63
  4. Small_investor

    Small_investor Active Member

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    You are right, houses are better but my budget fits the units
     
    Small_investor, 29th Jun, 2016
    #64
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  5. Lisa Parker

    Lisa Parker Well-Known Member

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    Demand, ripple effect (affect!?!? Always get confused on that one) and price point. Seaford and Frankston are the last remaining suburbs you can get into for under $600k bayside.
     
    Lisa Parker, 29th Jun, 2016
    #65
  6. larrylarry

    larrylarry Well-Known Member

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    Sigh.
     
    larrylarry, 29th Jun, 2016
    #66
  7. WattleIdo

    WattleIdo midas touch

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    When I say city centre, I mean Frankston city. It was only a year or two ago that Frankston units were out-performing many other areas and sometimes they do better than houses. I quite like units - so little to worry about ... except the Executive committee!
     
    WattleIdo, 29th Jun, 2016
    #67
  8. Benson

    Benson Active Member

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    What's everyone's thoughts on Franga Nth?
    Not in FHS zone, however still reasonable entry price but can't shake that stigma ..?
    Any signs of future growth?
     
    Benson, 29th Jun, 2016
    #68
  9. Now or never

    Now or never Active Member

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    Hi Lisa,
    Was it a buy & hold or develop scenario? If develop, did the numbers work out in this hot market?
    I think you did great in anticipating the sold price :)
     
    Now or never, 30th Jun, 2016
    #69
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  10. S.T

    S.T Well-Known Member

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    S.T, 30th Jun, 2016
    #70
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  11. Lisa Parker

    Lisa Parker Well-Known Member

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    Lisa Parker, 30th Jun, 2016
    #71
  12. Lisa Parker

    Lisa Parker Well-Known Member

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    I'm so excited about this project and the future of Frankston. We've all been watching and waiting for such a long time to see the tipping point. I believe that's now!
     
    Lisa Parker, 30th Jun, 2016
    #72
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  13. Dwalsh

    Dwalsh Well-Known Member

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    I ended up purchasing in Carrum downs last week. Paid 345 k 3bed two bath. Lucky it has side access of 10 metres and 25 metres deep so hope to do somthn with that later on down the track.
    There is pretty much nothing for sale in Carrum downs ATM
     
    Dwalsh, 1st Jul, 2016
    #73
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  14. Natedog

    Natedog Well-Known Member

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    That's a really good price mate, you did well!
     
    Natedog, 1st Jul, 2016
    #74
  15. WattleIdo

    WattleIdo midas touch

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    If this is what it's like in the heart of winter, I can't wait to see spring!
    Ash Martin and Aaron Froling should be able to retire soon! Those youngsters have worked very hard over the last few n years. Their smiles look genuine. :)
     
    WattleIdo, 9th Jul, 2016
    #75
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  16. johnmteliza

    johnmteliza Well-Known Member

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    johnmteliza, 12th Sep, 2018
    #76
    WattleIdo likes this.
  17. sauber

    sauber Well-Known Member

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    Get me down to funky town!
    Frankston still hot but not as it was....
     
    sauber, 18th Sep, 2018
    #77
  18. Xiao Hui

    Xiao Hui Well-Known Member

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    Xiao Hui, 19th Sep, 2018
    #78
  19. sauber

    sauber Well-Known Member

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    Get me down to funky town!
    sauber, 20th Sep, 2018
    #79
  20. Xiao Hui

    Xiao Hui Well-Known Member

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    Yes. The above Lewis St should sell for at least $650,000 if put to the market 6 months ago.
     
    Xiao Hui, 21st Sep, 2018
    #80
    sauber likes this.
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