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Despite the downturn on the World market, house prices in Frankston have not suffered due to the Housing shortage Melbourne wide. The current data indicates that it is almost cheaper to Buy than to rent in several areas. 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.
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Links
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Try these Links for more information about South Eastern Bayside suburbs, Frankston, and the Mornington Peninsula Links that tell you what's happening and what's Planned -
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