27 Canterbury Road, MIDDLE PARK
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
Not having dealt with a buyers advocate in the past I was a little unsure as to the process and what to expect, but your communication, knowledge and impeccable negotiating skills helped us secure the property we wanted at a good price. ...
Matt & Sarah
canterbury
We are government licensed Buyer Agents.
BOUGHT* - Undisclosed
4
2
3
571sqm
Auction - 1:00pm Feb 27 2010
27 Canterbury Road MIDDLE PARK
RATED
Feb 9 2010
Feb 9 2010
Adam WoledgeAdam 's Comments on 27 Canterbury Road, MIDDLE PARK
"House has great street presence (think the tower has lot to do with that) and plenty of scope for further development. Canterbury Road does carry traffic (rail and cars) and views are nothing too special here, yet the land size and rear car access are real key pluses here. Formal rooms like most houses of this era are stunning and work well even to modern living standards yet most would see the rear section of the house, internal flow and upstair bedroom areas needing attention almost immediately. At lower -to-mid-end of the quote range this represents buying at land value - rated as land only accordingly here."
Mal JamesMal 's Comments on 27 Canterbury Road, MIDDLE PARK
"Good feel, great location, busy road. Big project, nice spaces, big yard and excellent rear access. These sorts of homes are tricky to read, auction wise - most times they capture the imagination but not the pockets of many buyers. But this terrace home has a real chance of capturing interest - why? In one word - WIDTH. It has width - a rare inner city and especially Albert and Middle Park commodity. Width gives you space but more importantly proportion which is so important in a $3m+ project. There have been a number of sales in Canterbury Road recently, including 2 doors down through Cayzers for $2.6m and the three we have listed as sales of interest in our Control Price. Land in this area is regarded as $5000+ sqm even on Canterbury road so that makes is $2.5m for land alone and then an arguable amount for home value. It is a special building and after renovation there are a number of sales to suggest that a good renovation is not overcapitalising. We think this turns on $3m (as is) - either side depending on vendor and buyers on the day. "
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Property Analysis Summary of 27 Canterbury Road, MIDDLE PARK
Suitable For
Families with Teenagers
Families with Young Kids
Families to Grow
Ready to move in
Close to Everything
Major Renovator
Period Home Buyer
Good Bones Buyer
Concerns
Poor Cash Characteristics
Poor Street
South Facing Rear
Benefits
Good Area Growth 25 years
Excellent Land Content
Distance from Water
Rail Transport Distance
Car Access
Rear Outdoor Size
27th Feb 2010 - Auction Report - 27 Canterbury Road, MIDDLE PARK
BOUGHT* - Undisclosed
A diverse group of people were drawn to this Grand Victorian residence full
of old-world charm. But unfortunately the crowd of 53 people did not seem to be in auction mode today. Andrew Stuart (Hocking Stuart) worked hard to get things started and offered a $2,600,000 genuine bid. No bids were forth coming and a vendor meeting took place. Still no more bids...
Crowd Numbers: 53 people
Bidderman: 0 bidders
Crowd Numbers: 53 people
Bidderman: 0 bidders
Property Characteristics of 27 Canterbury Road, MIDDLE PARK
Price
Bought*
Undisclosed
Selling Agent
Middle Park
Agency
Hocking Stuart
Initial Agent Quote
$2,500,000
Price Imp.Sqm
$4,378 /isqm (at agent quote)
Quote Comment
Confused about price? Arrange an appointment.
Property
Land Size
571 sqm *Approx
Rear Light
South West
Style
Period
Cladding
Render
Storeys
Double
Position
Area
PORT PHILLIP
Suburb
MIDDLE PARK
Location map of 27 Canterbury Road, MIDDLE PARK
Imp Sqm
Land Size
Rear Light
Beds
Baths
Cars
Flow
Street
786
UNDISCLOSED BOUGHT PRICE
$0
479sqm
4
3
2
Above Average
Quiet, Leafy, No Traffic
780
$5,159
659sqm
4
3
2
Above Average
Quiet, Leafy, No Traffic
717
AGENT DECLINED QUOTE
$0
525sqm
5
4
4
Above Average
Carries Traffic, Has Issues
691
UNDISCLOSED BOUGHT PRICE
$0
427sqm
4
2
3
Below Average
Typical (Area)
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.