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Frankston, Victoria - Wikipedia. This article is about the Melbourne suburb. For the encompassing local government area, see City of Frankston. Frankston is an outer- suburb of Melbourne in Victoria, Australia, in the local government area of the City of Frankston. It is located 4. 1 km south- east of the Melbourne city centre, above the Mornington Peninsula. Due to its geographic location, it is often referred to as "the gateway to the Mornington Peninsula".

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European settlement of Frankston began around the same time as the foundation of Melbourne in 1. Melbourne township.[2] Prior to its settlement, the Frankston area was primarily inhabited by the Mayone- bulluk clan from the Bunurong tribe of the Kulin nation.[3] The official village of Frankston was established in 1. May.[2][4] It has subsequently given its name to the broader Frankston local government area since 1. Situated on the eastern shoreline of Port Phillip, Frankston has been a popular seaside destination of Melbourne since the 1.

Frankston Beach is still one of the most frequented in Victoria,[7][8] and is recognised as one of the cleanest in Australia.[9][1. It is also home to one of the largest exhibitions of sand sculpting in the Southern Hemisphere.[1. Localities in the suburb (within its postcode 3. Frankston Central Business District (CBD), Frankston East, Frankston Heights, Karingal, Long Island, Mount Erin and Olivers Hill. The independent suburb of Frankston South also shares the same postcode as Frankston.

Frankston is an outer-suburb of Melbourne in Victoria, Australia, in the local government area of the City of Frankston. It is located 41 km south-east of the.

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At the 2. 01. 6 Census the suburb of Frankston recorded a population of 3. The demonym for someone from Frankston is a Frankstonian.[1. Toponymy[edit]. Frank Liardet, an early settler that Frankston is possibly named after. The toponymic origins of Frankston are subject to conjecture, and of which there are four popular theories. One of the earliest of these theories (published in the Victorian Historical Magazine in March 1.

Europeansettlers, Frank Liardet,[2][1. The Liardets were prominent pioneers of early Melbourne and arrived aboard the William Metcalfe from England in 1. Liardet's father, Wilbraham, founded what is now the Melbourne inner suburb of Port Melbourne and the family established and managed hotels around Melbourne as well as the first mail service of the early township.[1.

Frank Liardet settled in the Frankston area in 1. Frankston locality of Karingal.[2. During this time, Liardet built the first wooden house in the Frankston area—which would later become part of his Ballam Park estate after the formal land sales of 1. Prior to settling in the area, Liardet had also worked on the cattle run of the first Postmaster of the Port Phillip District,[2]Captain Benjamin Baxter, which was located over what are now the City of Frankston suburbs of Langwarrin and Langwarrin South.[2. Watch The Magic Of Belle Isle Online (2017). By the time Liardet had taken out his depasturing license for the Frankston area in 1. Considering Frank Liardet's early presence in the Frankston area, and his connections to the early mail services of Melbourne, it is plausible that "Frank's Town" became nomenclature for describing the area and its unofficial village.

As a consequence it is possible that the name of "Frankston" was further adapted from it when officially naming the village for its formal land sales in 1. However, in a letter to the editor of The Argusnewspaper (published on 3. May 1. 91. 6) a member of the Liardet family said that this was in fact not true.[1. In the letter was excerpts of correspondence between the Liardet family and the Victorian state Department of Lands and Survey which refuted the theory.[1. Instead, it puts forward the theory that Frankston was named after the Irish- born settler Charles Franks; who was the first European to be killed by Indigenous Australians in Melbourne.[1. Charles Franks arrived in Melbourne aboard the Champion from Van Diemen's Land in 1. Port Phillip near Mount Cottrel (northeast of what is now the Melbourne outer- western suburb of Wyndham Vale).[1.

Franks' land neighboured that of the early Melbourne explorer and surveyor. John Helder Wedge, which was managed by his nephew Charles Wedge—prior to him gaining a pre- emptive right to land license of his own for the Frankston area.[1. The correspondence with the Department of Lands and Survey states that, at the time of surveying the area for the land sales of 1.

Frankston" was probably suggested to honour the Wedge's deceased former neighbour.[1. Another theory—that has become folklore—is that Frankston was named after a pub named "Frank Stone's Hotel".[2][2. In 1. 92. 9 the author Don Charlwood, a student of Frankston High School at the time, compiled a history of Frankston using both local records and oral sources supporting the theory (published in The Frankston & Somerville Standard newspaper on 8 February 1. The pub to which Charlwood refers was originally named the Cannanuke Inn and was the first permanent building in the Frankston area.[4] It was built by the pre- emptive Frankston settler James Davey in the 1. The Victorian Heritage Database states that it was located on the present site of the Frankston Mechanics' Institute; at 1 Plowman Place in the Frankston Central Business District (CBD).[2. According to Charlwood, it was purchased by a "Mr. Stone" in the early- 1.

Frank", renamed it "Frank Stone's Hotel" and around which the village developed and also had its name adapted from for its formal land sales in 1. As there appear to be no licensing records for the Cannanuke Inn, it is difficult to determine if this is in fact true. However, Charlwood does mention that Stone had purchased the Cannanuke Inn from "a man named Standring".[2. Licensing records state that Benjamin Standring was the owner of the Frankston Hotel from 1.

Also, according to the terms of his pre- emptive right to land licence,[2. Davey did not have the right to sell or sub- let the Cannanuke Inn.[2. It is therefore unlikely that Stone purchased or leased the Cannanuke Inn from Davey or Standring before the formal land sales for Frankston in 1. Frankston" was already in use.[3. A more recent theory, put forward by the author and historian Michael Jones in his local history book Frankston: Resort to City (published in 1. Frankston was named after the heroic British armygeneral Sir Thomas Harte Franks.[2] The theory is strengthened by the fact that a number of places near Frankston also have names that are derived or adapted from those of British army generals and statesmen (such as Cranbourne, Hastings, Lyndhurst, Mornington and Pakenham).

Jones states that the Surveyor General of Victoria from 1. Sir Andrew Clarke, named all of these places.[2]Pre- history[edit]Indigenous history[edit]Prior to the foundation of Melbourne by Europeans in 1. Port Phillip was originally populated by Indigenous Australians of the Kulin nation for an estimated 3. Particularly, the Frankston area was inhabited primarily by the Mayone- bulluk clan from the Bunurongtribe of the Kulin nation.[3][3.

The tribes of the Kulin nation were a nomadic people with no sedentarysettlements.[3] As a result, there is minimal physical evidence of their past.[3] The Bunurong tribe in particular were mainly hunter- gatherers that maintained an ecologicallysustainable tradition of travelling between areas of seasonally abundant resources.[3] For the Mayone- bulluk clan; Kananook and Sweetwater creeks and the former swamps and wetlands of the Frankston area were rich sources of fish and eel as well as summerfruit and vegetables.[3][3. An important meeting place for the Bunurong tribe clans of the greater Mornington Peninsula region was the present site of the Frankston Mechanics' Institute, at 1 Plowman Place in the Frankston Central Business District (CBD), which was used for corroborees and as a trading place.[3.

The Great Wall of Money. Monday 1. 2th October 2. Whether it's waterfront trophy homes or apartments off the plan, or even massive commercial developments, Chinese investment in our real estate has surged by more than 4. A$1. 2 billion spent in the previous financial year alone. Property is now the number one Chinese investment in Australia. So who are these investors and what do they see in Australia?

On Four Corners you'll meet members of China's super rich, the new generation of global property investors who call Australia home: "I think this is the best period of time in Australia's history. The vast capital from China, including entrepreneurs like us, have been looking for investment opportunities worldwide."Chinese multi- millionaire property investor. And they're clear about what they want: "The priority is view ..

You know, it's something money cannot buy in China."Real estate agent. There are also Chinese middle class buyers looking for a holiday home, a place to retire to, or just a good investment: "Compared to Shanghai property, Sydney property is not that expensive."Chinese investor. And developers: from a billion dollar megaresort on the Gold Coast; to Melbourne's tallest residential tower; marquee sites in Sydney and whole city blocks in Perth - they're shaping our city skylines."I came over 1.

After my graduation I fall in love with the country, loved the lifestyle, decided to stay, make something good out of it."Chinese property developer. Some are the progeny of China's political elite, known as 'princelings', whose links here begin with an Australian school or university: "You'll find at the top universities across this country, a whole influx of young people of Chinese background who have been sent here by parents.

Safe investment, they don't live in fear of the State taking their assets from them."Former Australian Federal Minister and China business specialist. But there are hidden dangers in doing business with China: endemic corruption; a lack of transparency in both business and the legal system, and questions about where the money is coming from and whether ill- gotten gains are being laundered."China (is) by far the biggest exporter of illicit capital."International money laundering expert. With billions of dollars flowing out of China, international money laundering experts are warning that some of it is making its way into Australia: "Real estate is recognised internationally as one of the means by which people will launder money." Former money laundering investigator. THE GREAT WALL OF MONEY, reported by Linton Besser and presented by Kerry O'Brien, goes to air on Monday 1. October at 8. 3. 0pm.

It is replayed on Tuesday 1. October at 1. 0. 0.

Wednesday 1. 4th at midnight. It can also be seen on ABC News 2.

Saturday at 8. 0. ABC iview and at abc. Transcript. 12 October 2. The Great Wall of Money. KERRY O'BRIEN, PRESENTER: Tonight on Four Corners: China's massive shopping list for Australian real estate. Who's buying it and where does their money come from? LULU PALLIER, SOTHEBY'S INTERNATIONAL REALTY: They come to this country, they want to buy something special..

So waterfront with a view, with a nice house on it: it's something money cannot buy in China. Yeah. MATTHEW KHOO, FINANCE DIRECTOR, ICD PROPERTY: A- at the time it was actually the, the fastest, ah, tower to sell. We sold 1. 00 per cent of the, the tower within eight months.

LULU PALLIER: This is sold two years ago to a Chinese businessman, Mr Wong, for $5. RAYMOND BAKER, GLOBAL FINANCIAL INTEGRITY: A lot of governments don't want to ask the questions. Watch Urban Cowboy Online Fandango. They simply want the money flowing in. Well, I'm sorry. You do that and you expose yourself to a great many risks, not only in your own country but you're also damaging the countries out of which that money is coming.

KERRY O'BRIEN: Whether it's waterfront trophy homes, apartments off the plan or massive commercial developments, Chinese investment in Australian real estate has surged by more than 4. Property has now eclipsed mining as the number one Chinese investment in Australia. It's part of an extraordinary flight of capital out of China, estimated in the trillions of dollars, which may be the biggest exodus of money from a single country in financial history. While Chinese investment has been a boon for Australia - and much of it is legitimate - according to money laundering agencies there are also billions of dollars in ill- gotten gains being illicitly siphoned offshore and Australian authorities are doing precious little to investigate the source or the destination of these funds. Our investigation has revealed that one source of investment is a Chinese firm involved in international arms dealing and another is the riches amassed by relatives of China's political elite, known as 'the Princelings.' You're about to meet some of them in this report by Linton Besser.

LINTON BESSER, REPORTER: Lulu Pallier is in Shanghai on business. It's China's financial capital, where bicycles have given way to Bentleys and revolutionary slogans have been replaced by designer labels. But what Lulu is selling is not here in China: it's on the other side of the world. LULU PALLIER, SOTHEBY'S INTERNATIONAL REALTY: I'm meeting potential clients who are willing to in- have investment in Australia.(Footage of Lulu holding meeting of potential investors around large round table)LINTON BESSER: Lulu Pallier is spruiking Sydney real estate. LULU PALLIER (translation): Feel free to ask me any questions about purchasing property in Australia.

LINTON BESSER: For Chinese buyers like Huang Cheng, an Australian property is the perfect investment. Watch Scorpius Gigantus Online Mic. HUANG CHENG, POTENTIAL INVESTOR (translation): Compared to Shanghai property, Sydney property is not that expensive.

JENNY HU, POTENTIAL INVESTOR (translation): I have not bought yet and am still looking. I want to have a house for my holiday in future. I like Australia as it has good weather and quality food. LINTON BESSER: Iris Huang is here to sign the contract on a Sydney apartment she has only ever seen on the internet. IRIS HUANG, INVESTOR: I haven't seen it. But I've been living Australia, so I'm kind of like familiar with that area, so I don't need to see.

I think most.. Most of the investment: if they trust somebody like Lulu, the real estate agent, I don't think they need to see. It's just sign and email it.

It's very convenient. Yeah.(Footage of Liu Qi leading Jenny Hu to a table at one of his restaurants)LINTON BESSER: Across town, Lulu visits another client. Liu Qi owns a chain of restaurants: a thriving business that celebrates the founder of China's communist state.

He bought his Sydney apartment in June with an eye to the future. LIU QI (translation): My daughter got her bachelor's degree in the US and she is studying her master's degree in Sydney. I asked her to study in Sydney as the time difference is two hours and the weather is good.

I think after I retire, I can live there. LINTON BESSER: Liu Qi's investment is part of a huge wave of Chinese money pouring into the Australian real estate market. In just five years, it's surged more than 4. Back in Sydney, Lulu Pallier is not just selling humble apartments. For the growing ranks of China's super rich, the aim is a trophy home.(Lulu Pallier is showing potential clients a large house overlooking Sydney Harbour)And there is nowhere more desirable than the waterfront suburbs around Sydney's world- famous harbour. POTENTIAL CLIENT: Fish tank.

Oh. LULU PALLIER: They want to buy something special. They come to this country, they want to buy something special. They want: the first priority is view. So waterfront with a view, with a nice house on it and, ah, preferably with a boat marina. You know, it's something money cannot buy in China. Yeah. LINTON BESSER: For overseas investors, there are strict rules about buying Australian real estate like this $2. It's become a hot- button issue amid a public crackdown on illegal sales launched by the former treasurer, Joe Hockey.