VIC Frankston - Hold?

Discussion in 'Where to Buy' started by Btaylor, 2nd Mar, 2017.

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  1. rook2017

    rook2017 Well-Known Member

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  2. 14032

    14032 Member

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    Having lived in the area for 45 years and own several properties I'm more than happy with how F'ston has performed over the last few years. A long time overdue IMO. That said, there is no doubt things have flattened of late. Karingal is probably a bit of a gem though - values are lower than F'ston and with the recent boom in the Pines etc I think it will kick along just nicely even if other prices remain flat.

    With regard to the railway - don't count your chickens too quickly - going to be a 5+ year project at best
     
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  3. rook2017

    rook2017 Well-Known Member

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    Even if it's 5 years, it's now in the budget and having this electrification rather than not is a big win for the area. Time will pass very quickly.
    Baxter will also benefit.
     
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  4. sauber

    sauber Well-Known Member

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    Get me down to funky town!
    central frankston again with big number, reno'd weatherboards leading the way again,another sold PRIOR to auction 800k!!!!
     
  5. rook2017

    rook2017 Well-Known Member

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    Good. what's the address?
     
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  6. sauber

    sauber Well-Known Member

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    Get me down to funky town!
    21 stanley st frankston
     
  7. WattleIdo

    WattleIdo midas touch

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    100-year rail dream on horizon - Committee for Greater Frankston

    1929-map.png

    Improving existing services to boost rail patronage
    Extending the line to large populations at Karingal and Langwarrin (and neighbouring Langwarrin South) would reverse a disturbing trend – a decline in people using the rail line between Frankston and Aspendale.

    [​IMG]



    Patronage on stations between Frankston and Aspendale is declining, against the trend at most other stations.


    Latest Media Coverage: Federal Budget cash for Frankston to Baxter rail line extension - Committee for Greater Frankston

    Latest Media Coverage: Federal Budget cash for Frankston to Baxter rail line extension


    • [​IMG]
    THE federal government has committed funding of $225 million to extend the metropolitan electrified train line from Frankston to Baxter.
    The money will be announced in the federal Budget on Tuesday night 8 May by Treasurer Scott Morrison, part of $7.8 billion for new roads and rail lines in Victoria.
    The promise has been hailed by the Committee for Greater Frankston’s board and members.

    The committee’s CEO Ginevra Hosking said this was the first serious commitment to a vital regional project. “We have asked the federal and state governments to each contribute an initial $200 million prior to completion of the business case, expected early next year, so the federal Budget promise is a huge boost to the project. Now we need a state contribution to match it” she said.

    C4GF president Fred Harrison said a project many thought was a pipe dream had been brought into sharper focus by the Budget allocation. “The rail extension will radically transform public transport in our region, driving job creation, getting cars off congested roads, freeing up crowded car parks, improving prosperity, and making better use of public and private assets like Frankston Hospital and Monash University’s campus at Frankston.”

    Federal Dunkley MP Chris Crewther welcomed the announcement. “The extension of metro rail from Frankston to Baxter … has been discussed for more than 100 years and is sorely needed by the growing Dunkley community,” he said. “The … $225 million [will] get works underway on electrification and duplication … which is crucial for our local area.
    “This project will benefit our local community and is an example of the Coalition Government taking real action to better connect our community, provide growth and business opportunities, alleviate parking pressures in the Frankston CBD, improve education opportunities through better access to the Monash University Peninsula campus, and hopefully provide park and ride facilities at a number of local train stations.” He said the project would reduce commuting times for “many residents in Frankston City and the Mornington Peninsula”.

     
    Last edited: 9th Jun, 2018
  8. alicudi

    alicudi Well-Known Member

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    Hi

    To WattleIdo: I have never seen that proposed railway line between Frankston to Mornington via Langwarrin. I would have thought just adding a train station for Langwarrin on the existing Stony Point line would have been much easier, cheaper and locating it somewhere along Mclelland Drive which would be relatively close to Peninsula Private Hospital as well would have been good enough and get it done within a very short period of time.

    I suppose the benefit out of a separate Langwarrin railway line would be the part that it actually goes to Mornington and will probably go over some of the existing tourist railway tracks, I still remember the old Mornington train station and cannot believe it still doesn't connect to the Melbourne train network.

    Regards,

    alicudi
     
  9. WattleIdo

    WattleIdo midas touch

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    $225 million in funding. Want to know more about the Frankston rail extension? - Committee for Greater Frankston

    size-reduced.png

    MAY 11, 2018
    $225 million in funding. Want to know more about the Frankston rail extension?


    The Federal Government has just committed $225 million in funding to the Frankston- Baxter rail extension. For this project to become a reality, the State Government (- which owns the train line) now needs to match the funding.

    This article outlines the many benefits that the train line extension will bring to the Greater Frankston region.

    The benefits have been defined by Frankston Council as well as various advocacy groups past and present including the Committee for Greater Frankston. The top five will:

    1. Connect 37,000 people in Karingal and Langwarrin to Melbourne’s public transport network and jobs up the line.

    2. Free up car parking in Frankston’s Central Business District, much of which is taken by train commuters.

    3. Bring metropolitan rail access to Frankston Hospital’s and Monash Peninsula’s doorsteps.

    4. Get commuters out of cars, off congested roads and back onto our trains, reversing a decline in rail patronage at the southern end of the Frankston line.

    5. Create a reliable backbone for public transport in the Greater Frankston region.

    In 2018, the Committee for Greater Frankston are calling on both State and Federal governments to commit to the project by pledging an initial amount of $200 million each until, such time as a business case is finalised. We seek construction of the extension to start within the next term of the State Government.

    [​IMG]



    Benefits in Detail

    1. Connect Karingal and Langwarrin to Melbourne’s public transport network and jobs up the line.

    Connecting more than 37,000 residents of Karingal, Langwarrin and Langwarrin South to the metropolitan train network is crucial to improving prosperity in the region. In Greater Frankston we have fewer than 28 local jobs per 100 residents. Residents in the area can access less than 10 per cent of Melbourne’s job market in a reasonable commute time. The rail extension would better connect people to diverse job markets outside our region, giving people more employment choices, higher income alternatives and improved employment security.

    2. Bring metropolitan rail access to Frankston Hospital’s and Monash Peninsula’s doorsteps.

    A new station near Frankston Hospital would enable hospital staff, day patients and visitors to have easy access to the metropolitan train network for the first time. A station near Monash’s campus would greatly enlarge the catchment area of Monash students who don’t have a car. It would also free up parking space at the campus.
    The Committee for Greater Frankston is advocating for a station between Clarendon St and Moorooduc Highway, to service both the hospital and university. The existing, “bare bones” Stony Point line station at Leawarra should be relocated to Karingal. (Leawarra has just one short platform, a small shelter, and a myki ticket machine.)

    3. Free up car parking in Frankston’s Central Business District, much of which is taken by train commuters.

    Statistics show that 3000 passengers, more than 40 per cent of those who use the train each weekday (Hale 2015), access Frankston station by car. However Frankston station has only 416 commuter car spaces. Some passengers are driven to the station by relatives or friends, but many park informally in the cheapest all-day parking within Frankston CBD and in side streets up to 500 metres away from the station.
    Frankston workers, shoppers and visitors use whatever parking is left over after the weekday commuter rush. Paid parking in central Frankston can cost up to $13 a day- $65 for a five-day week- an impost for people earning a moderate income; people on a low fixed income such as retirees and students; in addition to welfare recipients. With more parking available, shoppers who previously avoided central Frankston could be enticed back to the city centre.
    A new station at Langwarrin should include a 1000-plus car parking spaces to provide an affordable option for train travellers from the eastern parts of Greater Frankston as well as the Mornington Peninsula. As many as 70 per cent of the 3000 commuters who get to Frankston station by car each day would consider using one of the new stations on the proposed rail extension. This would enable shoppers, workers, TAFE students and visitors to more easily find an affordable car park.

    4. Get commuters out of cars, off congested roads and back onto our trains, reversing a decline in rail patronage at the southern end of the Frankston line.

    New stations at Karingal and Langwarrin would provide access to the metropolitan train network for Karingal’s 13,500 residents (including 6144 workers) and Langwarrin and Langwarrin South’s 24,000 residents (13,300 workers). More people would be able to catch trains in their own suburbs, or park easily at a station nearby, making the Frankston train line more attractive for commuting. This would reduce the number of people driving on arterial roads and the region’s freeways such as the congested Monash Freeway as well as EastLink and Peninsula Link.
    The number of people using stations on the Frankston line between Frankston and Aspendale has declined 44 per cent in the past 9 years due to a number of factors. Yet the number of people using other parts of Melbourne’s rail network is increasing. A rail extension, with adequate and affordable commuter car parking, is critical for public transport usage. We need to fill commuter trains and run them fast.

    5. Create a reliable backbone for public transport in the Greater Frankston region.

    The Stony Point line is Metro Trains Melbourne’s least frequent and least reliable service. Consequently people don’t use it. Extending the Frankston line across our municipality would create a reliable public transport network. Residents will be able to access public transport in their own suburbs, at the three new stations, and disembark near destinations such as shops, hospitals and educational institutions.

    Minimum design requirements

    We are calling on both State and Federal governments to commit to the project by pledging an initial amount of $200 million each until such time as a business case is finalised. In the May 2018 Budget, the Federal Government announced its commitment of $225 million in funding to extend the Frankston train line to Baxter. For this project to become a reality, the State Government (- which owns the train line) now needs to match the funding. We seek construction of the extension to start within the next term of the State Government.

    Our preferred design solution includes, as a minimum:
    ✓ Duplicated and electrified track to Langwarrin.
    ✓ Providing metro-standard train timetabling on this track.
    ✓ Three stations at Frankston Hospital / Monash University, Karingal and Langwarrin.
    ✓ A 1000+ space commuter park and ride at Langwarrin.
    ✓ Three grade separations/crossing removals at Playne Street, Moorooduc Highway (McMahons Road) and Peninsula Link.
    ✓ Provision for a future rail service on to Baxter and the Mornington Peninsula.

    Show your Support
    If you agree that the extension of the Frankston train line to Baxter will bring great benefits to our region (outline above), please contact your State Government representative and urge him or her to help our community advocate for the additional $225 million that is required to build it. Here are the contact details of your State and Federal parliamentary representatives:

    Paul Edbrooke Frankston (State Lower House)
    phone: 9783 9822 email: [email protected] mail: 140 Young Street, FRANKSTON 3199

    Neale Burgess Hastings (State Lower House)
    phone: 5977 5600 email: [email protected] mail: PO Box 909 SOMERVILLE 3912

    David Morris Mornington (State Lower House)
    phone: 5975 4799 email: [email protected] mail: PO Box 2000 MORNINGTON 3931

    Sonya Kilkenny Carrum (State Lower House)
    phone: 9773 2727 email: [email protected] mail: PO Box 4, SEAFORD LPO 3198

    Michael Lamb Preselected candidate- Frankston
    Phone: 0455 341 258 email: [email protected] mail: PO Box 11087, Frankston 3199

    Chris Crewther Dunkley (Federal Lower House)
    Phone: 9781 2333 email: [email protected] mail: PO Box 501 FRANKSTON 3199

    Greg Hunt Flinders (Federal Lower House)
    Phone: 5979 3188 email: [email protected] mail: PO Box 274 HASTINGS 3915

    Inga Peulich South Eastern Metropolitan (State Upper house)
    Phone: 9772 1366 email: [email protected] mail: 376 Nepean Hwy CHELSEA 3196

    Peta Murphy Preselected candidate – Dunkley
    Phone: 8390 6166 email: [email protected]
     
    Last edited: 9th Jun, 2018
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  10. WattleIdo

    WattleIdo midas touch

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    Yeah, will make it another huge project and I assumed it would be on the old line too. I'm sure they already considered this though. My guess is that the line is so old and needs such major upgrade for electrification - either do all of it or none at all? Would love a little more info on it.
     
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  11. WattleIdo

    WattleIdo midas touch

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    @alicudi or is it just build 3 stations on existing line? That first map is from 1920's.
     
    Last edited: 9th Jun, 2018
  12. alicudi

    alicudi Well-Known Member

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    Hi

    The following map is of the existing Stony Point line and is what in my opinion should be used due to saving a huge amount of $$$'s by simply adding extra stations on the existing route. It would also mean that Mornington will most likely miss out for now which is also sad.

    1.JPG
     
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  13. alicudi

    alicudi Well-Known Member

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    Hi

    For clarification the following picture would not be using the existing Stony Point train line:

    1.JPG
     
  14. WattleIdo

    WattleIdo midas touch

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    Haha OK back to square 1. This is the current map which had not been posted when you made your first comment. So anyway, looks like they'll build three more stations on part of the existing line if State govt comes to the party. :)
     
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  15. rook2017

    rook2017 Well-Known Member

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  16. rook2017

    rook2017 Well-Known Member

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  17. WattleIdo

    WattleIdo midas touch

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    A couple of plain Jane's in the right place at the right time. Also interested in Coogee Ave results.
     
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  18. rook2017

    rook2017 Well-Known Member

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  19. TMNT

    TMNT Well-Known Member

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    Damn..... I waa looking at a not so run down house on Stanley St for about 220k in 2010.....
     
  20. Barny

    Barny Well-Known Member

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    Curious, why you walked away and not purchase it?