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Calling chippy - Frankston!!

Calling chippy - Frankston!!

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Old Jun 11th 2004, 11:54 am
  #1  
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Default Calling chippy - Frankston!!

Chippy

Further to you asking about Frankston, the Herald Sun of May 17 had this article:

$300m pours into bay city - Families flock to Frankston

"Frankston is where dreams are made for new home buyers, research has revealed.

Young families and first home buyers have made a flood of applications to build homes in the Frankston area.

A report by property research company PRDnationwide found twice as many homes were planned for Frankston than any other outer municipality.

More than 3,700 new homes were in the pipeline for the Frankston area, which includes Carrum Downs, Langwarrin and Seaford. The boom is worth about $300 million."

More to follow later!

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Old Jun 11th 2004, 1:23 pm
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And it continues:

"But the report showed the home-building hub was destined to move to Whittlesea where 15,000 homes or $2.7 billion worth of planned subdivisions were expected to translate into a flurry of building activity in its suburbs which included South Morang, Mernda, Doreen and Yan Yean.

PRDnationwide GM Tim Storey said affordability and access to the city fuelled the area's popularity.

The report found subdivisions made up 75% of all residential projects planned for Melbourne's outer areas. Overall, there were 47,000 subdivisional lots worth more than $5.1 billion and 62,000 homes worth more than $7.28 billion in planning for outer Melbourne.

Frankston had the lion's share of home building, but its more upmarket neighbour, the Mornington Peninsula development was worth about $790 million. This accounted for almost half the value of new homes planned across Melbourne's suburbs.

Mr Storey said Mornington Peninsula developments were more exclusive. There's a lot of infrastructure going in behind the subdivisions. They are creating whole communities with parks and canals and golf courses. The more infrastructure you put into it the more valuable it is.

The report also found that Mornington Peninsula was the number one region for retirement and special needs accommodation projects, with $134.5 million of work on the drawing board.

The top 10 residential projects planned for the outer suburbs are:

1 Aurora Estate - $18 billion subdivision of 8,500 lots in Wollert
2 Eynesbury Development in Melton South, $1 billion subdivision of 2,000 lots
3 Mernda Residential Community - $800 million subdivision of 2,000 lots in Mernda
4 Martha Cove - $600 million residential development of 640 homes at Safety Beach
5 Tarneit Gardens - $729 million subdivision of 1,135 lots at Tarneit
6 Wyndham Waters Estate - $200 million subdivision of 1,077 lots at Truganina
7 Caroline Springs Town Centre - $155 million residential development at Caroline Springs
8 Sandhurst Golf Estate - $144 million residential development of 2,050 homes at Skye
9 Botanic Ridge Golf Development - $100 million subdivision of 520 lots at Cranbourne
10 National Golf Lodge - $70 million residential development of 54 homes at Cape Schanck."

I dare say the odd 'chippy' will be needed!!

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Old Jun 11th 2004, 1:27 pm
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OT
I thinks it ohippy not chippy who wants the Frankston info?
H.
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Old Jun 11th 2004, 1:31 pm
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Originally posted by helinuk
OT
I thinks it ohippy not chippy who wants the Frankston info?
H.
Helen

(thanks for that) B****r haven't got the reading specs on

They'll probably need hippies as well

OzTennis

So its calling ohippy, I can't edit the title!
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