16 Mercer Road, ARMADALE
DECEMBER 3RD 2011
At 6pm on Saturday, the James Clearance Rate for $M+ was 46% on the 24 auctions we attended. The Weekly Review Bidderman, our demand indicator, was 1.3. This Weekend's Market It was a weekend that exemplified what 2011 has mostly been about - big enough crowds, and even spirited bidding in... Show Full Story
BUYER TESTIMONIAL
Your system of clarifying our needs and getting to know us made us feel very comfortable working with you and putting our trust in you. It was very comforting to know that we had an expert really looking after OUR interests instead of real estate agents (of very high quality and repute of course) who are obliged to look after vendors' interests..On the day of the auction we were so g...
Nathaniel & Nicki
hawthorn
We are government licensed Buyer Agents.
BOUGHT* - $6,240,000
6
4
2
1,680sqm
Auction - 1:30pm Mar 27 2010
16 Mercer Road ARMADALE
RATED
Mar 10 2010
Mar 10 2010
Adam WoledgeAdam 's Comments on 16 Mercer Road, ARMADALE
"This house offers great potential. About 1700 square metres on Mercer Rd with a large well pedigreed house all ready to be modernized. The ceilings and hallways are to write home about but the flow in the family area requires some major updating and some of the bedrooms may not survive the new plans. There is plenty of space to keep the extensive gardens and the cottage out the back would always be a good place to print the money required for this renovation."
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Property Analysis Summary of 16 Mercer Road, ARMADALE
Suitable For
Families with Teenagers
Families with Young Kids
Families to Grow
Big Space Buyers
Garden Lovers
Close to Everything
Major Renovator
Period Home Buyer
Position Buyer
Investors - Growth
Good Bones Buyer
Concerns
Poor Cash Characteristics
South Facing Rear
Benefits
Good Area Growth 25 years
Excellent Land Content
Rail Transport Distance
Coffee/Eateries Close By
Land Size
Car Access
Quiet
Outdoor Access and Flow
27th Mar 2010 - Auction Report - 16 Mercer Road, ARMADALE
BOUGHT* - $6,240,000
Forming a horseshoe within the picturesque front garden of this homestead, the expectant crowd saw auctioneer John Bongiorno open proceedings with an authoritative vendor bid of $5,000,000. This was hastily followed by a genuine bid of $5,300,000 then a series of increments from 4 bidders until reaching a sale price of $6,240,000....
Crowd Numbers: 200 people
Bidderman: 4 bidders
Crowd Numbers: 200 people
Bidderman: 4 bidders
Property Characteristics of 16 Mercer Road, ARMADALE
Price
Bought*
$6,240,000
Selling Agent
Heather Elder
Agency
Marshall White
Initial Agent Quote
$5,000,000+
Price Imp.Sqm
$3,714 /isqm
(bought price)
(bought price)
Quote Comment
Confused about price? Arrange an appointment.
Property
Land Size
1680 sqm *Approx
Rear Light
East
Style
Period
Cladding
Brick
Storeys
Single
Position
Area
STONNINGTON
Suburb
ARMADALE
Location map of 16 Mercer Road, ARMADALE
Imp Sqm
Land Size
Rear Light
Beds
Baths
Cars
Flow
Street
791
UNDISCLOSED BOUGHT PRICE
$0
2,347sqm
5
3
2
Above Average
Typical (Area)
779
UNDISCLOSED BOUGHT PRICE
$0
1,909sqm
4
5
5
Average
Quiet, Leafy, No Traffic
746
AGENT DECLINED QUOTE
$0
1,970sqm
4
3
4
Above Average
Quiet, Leafy, No Traffic
Explanations & Disclaimers
Bought* - Indicates property has been bought. We are a buyer rating company and a buyer advocate company only, and we use the word bought instead of sold to give the website a buyer flavour. We do not buy all the properties listed on this website, therefore we often rely on an advertised price or the selling agent to indicate the bought price and occasionally the result may be inaccurate.