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- Omnifashion wrote:Thanks very much for sharing your opinion with me.
I know quite a few good things about Frankston. But, I am not sure if Frankston North is as good as Frankston.
Just wondering if you know much about Frankston North? Thanks.This is not advise, but some information that may be of help regarding Nth frankston. I have been living in frankston/karingal for 15 years. And i have seen amazing consistant growth rates in the 7 years in most surround areas of frankston.
For many years, North Frankston has always been recognized as having the most down town low-down image. Especially the Pines. But there has been some significant improvements made to the areas that needed attention for many years, and i was suprised to hear the significant growth it has experienced in these last few years.
A friend of mine bought his home there 5 years ago at $70k, and after having helped him prepare his home for sale he told me his real estate agent had just evaluated it at $245k. Big jump, in comparison to karingal, frankson and sth frankston areas which growth rates have slown down. And I hear more improvements are in plans such as new shopping amenadies etc. Sounds like a good area to invest into. But my only concern is not getting the kind of tenants that will respect the property if you decide to rent it out. Just take care in scanning your prospect tenants.
Hope this may be of some help.
