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thanks for the replies all! well it does seem that Mornington/Frankston by the beach is the go. maree_bradross the property for 330k has a decent size yard for a unit, but the one for 310k has bugger all. just a small courtyard out the back and out the front. also only has a carport space not a single car garage. but it does have the benefit of being on the beach side of nepean highway and you could walk to main street shops in 10 mins.
yeah i will be living at home with my mum. i could stay at home for as long as i want but i want to move out from pretty much 3 years ago so any longer than a couple more years i dont think that i can handle.
i did not know about this capital gains tax i have heard about it but never knew what it was. so how long do i have to live in it as my PROR to avoid the tax? i would assume at least 6 months? at least then i can still get the first home buyers grant.
thanks for all the help guys
i have been looking a little at frankston i to have looked a bit at frankston north it is probably a good buy seeming as eventually it will most likely be brought out good on ya blair for being in such a great situation
