Melbourne’s lower-profile suburbs are now high on buyers’ wish lists, selling three times faster than the rest of the city. Most houses sell privately in Frankston North, but local agents say properties there are generating so much interest that it is now ready to embrace the auction culture. Outer suburbs including Croydon South, Kilsyth and Bonbeach are also more in demand as buyers continue to be priced further out from the city.
The transformation of Station Street Mall into a bustling “eat street” with restaurants, cafes and outdoor dining has begun. Frankston Council and the State Government are offering three stakeholders grants of up to $50,000 to help transform the mall into a hospitality thoroughfare. One vacant property is now up for grabs and two more will be available in 12 to 18 months.
Station Street Mall is set to be transformed to become Frankston’s new ‘eat street’ under a bold plan to attract restaurants and hospitality outlets to the area. The Victorian Government are offering grants of up to $50,000 to transform tenancies into bustling hospitality outlets, with outdoor dining down the centre of the pedestrian mall.