VIC Gentrification possible?: frankston, ambassador

Discussion in 'Where to Buy' started by TMNT, 7th Mar, 2016.

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  1. TMNT

    TMNT Well-Known Member

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  2. Gockie

    Gockie Sydney Airbnb superhost and Database talent. Premium Member

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    I looked at the complex in 2010.... glad I didn't buy there. I wouldn't touch it with a 10 foot pole.
    Best thing to do would be to knock it down and start afresh but to try to get all owners on the same page would be impossible.
     
  3. melbpropinv

    melbpropinv Member

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    I saw that article on news.com too, there are too many units in the complex (previously motel) and the place will need renovation. The main issue is quality tenants will not live there. The appeal and history of the place will affect resale value.
     
  4. Spiderman

    Spiderman Well-Known Member

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    Ambassador is in the news again Category: | Herald Sun

    Not far away - is the Young St works (back in August)
     
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  5. Spiderman

    Spiderman Well-Known Member

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  6. strongy1986

    strongy1986 Well-Known Member

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  7. WattleIdo

    WattleIdo midas touch

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    With all the FHB's moving into the area, The Ambassador's days are numbered, I'd say.
    Ridiculous. Clean it up!
     
  8. Spiderman

    Spiderman Well-Known Member

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    However it's seen as 'affordable rental housing' and there's big problems with homelessness
     
  9. Gockie

    Gockie Sydney Airbnb superhost and Database talent. Premium Member

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    I thought there might have been some strata rule that tenancies in the complex couldn't be longer than 6 months?
    Or maybe just the fact OOs can't live there... that's bad enough.
     
    Last edited: 21st Apr, 2018 at 12:23 PM
  10. Jamesaurus

    Jamesaurus Well-Known Member

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    I'd say is possible... but going to take say 20+ years and a handful of cycles to flush out the ghetto demographic. Given the proximity to Melbourne, why couldn't it be a Newcastle or Wollongong equivalent in due course?
     
  11. Gockie

    Gockie Sydney Airbnb superhost and Database talent. Premium Member

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    Frankston is really part of Melbourne. I don't think it would stand in its own right like Geelong, Wollongong and Newcastle does. I don't think local jobs are sufficient.
     
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  12. Jamesaurus

    Jamesaurus Well-Known Member

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    Yep good points.

    Maybe say Parramatta and Campbeltown better analogies of somewhat gentrified areas compared to past decades?
     
  13. WattleIdo

    WattleIdo midas touch

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    Fair enough but affordable housing has to be safe, clean and stable at the very least. No owner occupiers - sounds like some hairbrained idea from the 70s?
    For such a good council and with all the new work going on and lovely young people moving into the area, this sort of thing sticks out like a sore thumb.
     
  14. WattleIdo

    WattleIdo midas touch

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    The Hills. Previously known as Baulko.
     
  15. Gockie

    Gockie Sydney Airbnb superhost and Database talent. Premium Member

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    Maybe. But I've been a local for over 40 years and never considered Baulkham Hills to be a bad area.
     
  16. WattleIdo

    WattleIdo midas touch

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    Not sure what your point is.
    Anyway, if it's true that you've been there for 40 years, you would've seen some of the massive changes to the area that I've seen. Including cleaning up bikie hang-outs, druggie drop-ins, enormous distance from cbd, etc, etc. I thought you were only 26 or something. :p
    Back to the point of the thread: Frankston undergoing massive changes.
    Not really wanting to engage with you thanks Gockie as I find you a bit trollie. Maybe just keep your posts generally on-topic and not specifically directed towards me. o_O cheers
     
  17. rook2017

    rook2017 Well-Known Member

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    Nothing to miss out on in this ambassador...
     
  18. Gockie

    Gockie Sydney Airbnb superhost and Database talent. Premium Member

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    I'm definitely not targeting you by any means... just commenting that I grew up not far from there (actually in high school I used to play tennis and my team's home courts were courts at Ted Horwood reserve in Baulkham Hills).... I never found Baulkham Hills to be a bad area.
     
  19. WattleIdo

    WattleIdo midas touch

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    That's great Gockie. Yes, Baulkham Hills has always been a good area, I couldn't agree more - despite the bikies, drugs, unemployed, distance, complicated transport systems, etc. In fact, only 20-30 years ago, it was referred to as the Bible Belt. Very conservative. Working class.
    15 years ago, when people advised, "Don't go too far out", it's the kind of place they were talking about. How times change!
    A lot of my friends grew up in the area. Now there's a pressure to conform but from a different source - perhaps you're familiar with it?
    I wonder why your parents chose to live so far out? There certainly weren't many people of Chinese background 40 years ago. Your family would've been one of the first to move to the area. I wonder why?
    But this thread isn't about you and your extra curricular activities. Let's remember we're talking about Frankston here - and specifically, The Ambassador. ;)
     
    Last edited: 24th Apr, 2018 at 5:25 AM