Despite the downturn on the World market, house prices in Frankston have not suffered greatly due to the Housing shortage.

The current data indicates that it is cheaper to Buy than to rent in several areas.

With the first Home Buyers Grant at an all time high ( until 30th June) it make real sense to make the move now.

Price will increase in the years ahead due to Population Growth combined with a decline in building approvals.

Rentals are also very strong and look like remaining that way for the foreseeable future.