Where to live in Melbourne
#16
Re: Where to live in Melbourne
Yes it did! Thanks
My only concern is that the property prices are going to go up the farther North towards to CBD we go. Are the property prices reasonable in Bayside area & Kingston areas? We also need to consider schooling. My two kids will be 3 1/2 & 2 1/2 by the time we make the move.
I've also been told that Frankston is going to get some substantial redevelopment, including a Marina. If that turns it into the next St. Kilda, the prices around there are likely to go up still further?
Of course, I imagine we'll probably have to rent initially. I can't see mortgage lenders wanting to take on newcomers that have no local credit history?
- CDM
My only concern is that the property prices are going to go up the farther North towards to CBD we go. Are the property prices reasonable in Bayside area & Kingston areas? We also need to consider schooling. My two kids will be 3 1/2 & 2 1/2 by the time we make the move.
I've also been told that Frankston is going to get some substantial redevelopment, including a Marina. If that turns it into the next St. Kilda, the prices around there are likely to go up still further?
Of course, I imagine we'll probably have to rent initially. I can't see mortgage lenders wanting to take on newcomers that have no local credit history?
- CDM
#17
South Yarra Sheila
Joined: Apr 2007
Posts: 1,078
Re: Where to live in Melbourne
Yes it did! Thanks
My only concern is that the property prices are going to go up the farther North towards to CBD we go. Are the property prices reasonable in Bayside area & Kingston areas? We also need to consider schooling. My two kids will be 3 1/2 & 2 1/2 by the time we make the move.
I've also been told that Frankston is going to get some substantial redevelopment, including a Marina. If that turns it into the next St. Kilda, the prices around there are likely to go up still further?
Of course, I imagine we'll probably have to rent initially. I can't see mortgage lenders wanting to take on newcomers that have no local credit history?
- CDM
My only concern is that the property prices are going to go up the farther North towards to CBD we go. Are the property prices reasonable in Bayside area & Kingston areas? We also need to consider schooling. My two kids will be 3 1/2 & 2 1/2 by the time we make the move.
I've also been told that Frankston is going to get some substantial redevelopment, including a Marina. If that turns it into the next St. Kilda, the prices around there are likely to go up still further?
Of course, I imagine we'll probably have to rent initially. I can't see mortgage lenders wanting to take on newcomers that have no local credit history?
- CDM
No offence but from what I have seen it is doubtful that Frankston will ever be the next St Kilda. I think you should look at Chelsea and Bonbeach-shops not gorgeous but huge new Safeway complex being built and beach one of the best and prices relatively reasonable.
#18
Re: Where to live in Melbourne
Property in Bayside is silly at the moment, but when you look at the auction results it's a different story. Almost as if the real estate agents and REIV want to inflate the market... but they would never consider that would they... Something like half of the auctions get passed in and a lot of developers are stepping back from them too. I would suggest waiting for the downturn.
Further south along the Nepean is fine, but a little sparse. Beach side of the track (Apendale, Edithvale, Bonbeach, Carrum) there doesn't appear to be much socially or commercially. That said I have only driven past there a heap of times, not visited (which may be the exact problem the areas face).
Frankston is being lauded as the next big thing after the Eastlink opens, but mostly by the commerce in Frankston and a lot of people are saying it's wishful thinking. What I know for sure is that the Eastlink will open up the Peninsula and the "proposed" extension to the Mornington Peninsula Fwy towards Sorrento will open up even more. About time too.
Al
Further south along the Nepean is fine, but a little sparse. Beach side of the track (Apendale, Edithvale, Bonbeach, Carrum) there doesn't appear to be much socially or commercially. That said I have only driven past there a heap of times, not visited (which may be the exact problem the areas face).
Frankston is being lauded as the next big thing after the Eastlink opens, but mostly by the commerce in Frankston and a lot of people are saying it's wishful thinking. What I know for sure is that the Eastlink will open up the Peninsula and the "proposed" extension to the Mornington Peninsula Fwy towards Sorrento will open up even more. About time too.
Al
#19
BE Forum Addict
Joined: Mar 2006
Location: Jeddah, Saudi Arabia
Posts: 1,717
Re: Where to live in Melbourne
Chap who sits next to me at work commutes daily by car to CBD in 1 hour. Wongstonn who used to post on here commutes from Langwarrin to CBD via Frankston railway station, takes 1.5 hours door to door.
The new road will not help you get to the CBD as it doesn't go there.
Buzzy
The new road will not help you get to the CBD as it doesn't go there.
Buzzy
#20
Just Joined
Joined: Jul 2008
Posts: 6
Re: Where to live in Melbourne
Living in Frankston and commuting to the CBD is a nightmare, period. You'll want to slash your wrists after 1 week - guaranteed! EastLink does not help as it is a link to Ringwood from where you still have to take the Eastern Freeway into the CBD. Your other option would be EastLink up to the Monash Freeway into the CBD. The Monash is called the "car park" for a reason. Of course you could simply take the Nepean Highway all the way from Frangas to the CBD. In all the cases above you will not reach the CBD in under 60 minutes during peak hour. I'd say you'd be lucky to take 75 minutes. My suggestion move to Mordialloc / Parkdale / Mentone. Cuts commute time down to 40mins in peak (Neapean Hwy or Beach Rd are best options from here) and only 20 mins to Frangas.
#21
Re: Where to live in Melbourne
Living in Frankston and commuting to the CBD is a nightmare, period. You'll want to slash your wrists after 1 week - guaranteed! EastLink does not help as it is a link to Ringwood from where you still have to take the Eastern Freeway into the CBD. Your other option would be EastLink up to the Monash Freeway into the CBD. The Monash is called the "car park" for a reason. Of course you could simply take the Nepean Highway all the way from Frangas to the CBD. In all the cases above you will not reach the CBD in under 60 minutes during peak hour. I'd say you'd be lucky to take 75 minutes. My suggestion move to Mordialloc / Parkdale / Mentone. Cuts commute time down to 40mins in peak (Neapean Hwy or Beach Rd are best options from here) and only 20 mins to Frangas.
The areas you've mentioned are some of those that I am considering.
- CDM
#22
Re: Where to live in Melbourne
You've mentioned prices and schools which are obviously an issue.
Prices for properties auctioned last week are here:
http://www.domain.com.au/Public/week...AuctionResults
so if you can check back the property details in suburbs you like (if they're still on line) then you'll have a better idea than the original sale prices.
As for schools, we've found some excellent schools in all 3 categories - public (government), religious (usually catholic who will accept non-catholics if there are spaces, are fee paying but much lower than private) and private. Albeit these are in the Ringwood, Doncaster, Box Hill areas. I'm assuming a similar situation exists in all the suburbs.
Away from the coast and the city you get more for your money.
Finally I can't remember when you're thinking of coming but it may be worth waiting about 6 weeks till Eastlink has time to settle as some areas may become bottlenecks but no-one can be certain how traffic will settle once school holidays and the free introductory period are over.
Prices for properties auctioned last week are here:
http://www.domain.com.au/Public/week...AuctionResults
so if you can check back the property details in suburbs you like (if they're still on line) then you'll have a better idea than the original sale prices.
As for schools, we've found some excellent schools in all 3 categories - public (government), religious (usually catholic who will accept non-catholics if there are spaces, are fee paying but much lower than private) and private. Albeit these are in the Ringwood, Doncaster, Box Hill areas. I'm assuming a similar situation exists in all the suburbs.
Away from the coast and the city you get more for your money.
Finally I can't remember when you're thinking of coming but it may be worth waiting about 6 weeks till Eastlink has time to settle as some areas may become bottlenecks but no-one can be certain how traffic will settle once school holidays and the free introductory period are over.
#23
Re: Where to live in Melbourne
Out of interest, I just wondered if anyone could advise if the Eastlink has reduced commute times into the city (more specifically Preston) from areas such as Frankston South, Langwarrin etc?
#24
Re: Where to live in Melbourne
We are then 10 mins from CBD.
The east link is more busy from the monash north ie the tunnels near Ringwood.
#25
Re: Where to live in Melbourne
Would you imagine that other routes, instead of using the Eastlink, would be quieter too? Mind you, my husband will be starting work in Preston at 7am, so I'd hope it isn't too bad at that time?
#26
Re: Where to live in Melbourne
Personally if you already know he is going to work in Preston I would be looking for an area closer. Even at 7am - the return journey is going to be longer - rush hour starts from about 2.30pm.
#27
Re: Where to live in Melbourne
http://www.nowwhereroute.com/tourism...oButton=Create
Personally if you already know he is going to work in Preston I would be looking for an area closer. Even at 7am - the return journey is going to be longer - rush hour starts from about 2.30pm.
Personally if you already know he is going to work in Preston I would be looking for an area closer. Even at 7am - the return journey is going to be longer - rush hour starts from about 2.30pm.
#28
Re: Where to live in Melbourne
What looks good to you on paper may not be the same on the ground. And whats right for someone else may not be right for you and your family.
House prices are lot running away so time is not an issue.
The Basin does look like a good place but refer my points above.
#29
Re: Where to live in Melbourne
Thanks for your advice. We will definitely rent initially, I'm just worrying because I don't want to have to mess the kids about too much changing schools etc. after the big move. Will take your points on board though thanks a lot for your replies