29 Oak Street
BOUGHT* - $3,900,000
‘The Best thing about living here is that you can walk everywhere. Who wants to get in a car and into Melbourne's horrendous traffic', announced auctioneer Campbell Ward. He had been quoting a mid-$3 million range through the campaign for this home within walking distance of everything and wanted a start of $3,400,000. A vendor bid at this level opened inste...

Crowd Numbers: 120 people
Bidderman: 3 bidders
 

29 Oak Street HAWTHORN

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29 Oak Street HAWTHORN

Benefits

Excellent natural light orientation
Excellent street presence & facade
Quiet and peaceful
Close to Water
Good access and flow to outdoors

Concerns

Limited Backyard
Poor car garaging
Other properties in the street could be a negative issue
Mal James
Mal James
Principal Buyer Advocate
0408 107 988
mal@james.net.au

Comments on 29 Oak Street HAWTHORN

29 Oak Street is what we call a Hawthorn Popular – double fronted, period façade, renovated, $3m something, "move-in-able" family home with some WOW. This package is what the market cries out for in the low to high $3m's and if/when they tip over into the $4m’s depends on how much WOW the Hawthorn Popular has.

On the plus side 29 Oak Street is in an improving precinct, close to the river and closer to the CBD than most of the school belt and this is on the school belt. On that subject, you are dropping the little ones off slightly against the morning and evening traffic flow (YAY!). 29 Oak Street has a good feel, good light, nice rear living area and the façade is inviting.

On the "could be better" side:
• Garaging or lack thereof
• Rear yard (land size on the smaller side for house size)
• Flow is good, but a little awkward half way down (but that is possibly being overly picky - it's not red).
• The street is not the best in the area as it has flats, but it’s not a poor street by any measurement - average.

Price - as stated in the intro, this will have a strong Bidderman at entry level in the low $3m's. It should have some combatants around the mid $3m's and the question is will it get to high $3m's? For us with the issues (land/yard size, garaging and street), the jury is still out.

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What our clients had to say about James

There‘s no way I could have done any bidding at that auction. Dear Mal and Guy I‘m so excited about my new house! You can‘t wipe the smile off my face! I‘m so pleased with it and I‘m soooo relieved it‘s mine, plus I can stop looking for a property. My weekends are mine again. I have a great feeling about this house and can‘t wait to move in. My visitors hav ...more

Kathryn Davies

ALBERT PARK

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4
Bedroom
2
Bathroom
1
Parkings
595sqm
Land Area
Agent

Sold - 1:00 PM May 27 2017

Quote $3,300,000 - $3,630,000

North Facing

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