407 Rae Street, FITZROY NORTH
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
What we both appreciated the most was your very frank and objective feedback. Your sagely "happy wife happy life" advice was very sound, and meant we could move on and look at other options. I think it saved a lot of long conversations! When the home we purchased with you finally came on the market, your guidance through the p...
Dean & Linda
ivanhoe east
We are government licensed Buyer Agents.
BOUGHT* - $1,430,000
3
1
2
402sqm
Auction - 12:00pm Mar 27 2010
407 Rae Street FITZROY NORTH
RATED
Mar 15 2010
Mar 15 2010
Simone ClarkeSimone 's Comments on 407 Rae Street, FITZROY NORTH
"This property is a larger than average allotment for the area & its almost what you could call a double block. The property benefits from rear lane access however the lane way abuts light industrial. I have rated this property as land only because the existing dwelling needs a major refurbishment or full demolition. Despite the light industrial use to the rear the property is well located being walking distance to Edinburgh Gardens, cafes, restaurants, shops, bars & public transport. Will be attractive to developers or major renovators - Currently renting approx $500 per week. "
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Property Analysis Summary of 407 Rae Street, FITZROY NORTH
Suitable For
Major Renovator
Land Only / Bulldozer
Investors - Growth
Concerns
Poor Cash Characteristics
Benefits
Good Area Growth 25 years
Excellent Land Content
Rail Transport Distance
Coffee/Eateries Close By
27th Mar 2010 - Auction Report - 407 Rae Street, FITZROY NORTH
BOUGHT* - $1,430,000
Near a busy roundabout, the crowd squeezed onto the footpath. Auctioneer Craig Shearn explained the opportunity to buy this property was rare. The bidding started at $1,000,000 and quickly was on the market at $1,250,000. Two bidders went head to head until one succumbed and the property was brought at $1,430,000. ...
Crowd Numbers: 100 people
Bidderman: 2 bidders
Crowd Numbers: 100 people
Bidderman: 2 bidders
Property Characteristics of 407 Rae Street, FITZROY NORTH
Price
Bought*
$1,430,000
Selling Agent
Craig Shearn
Agency
Jellis Craig
Initial Agent Quote
$950,000
Price Imp.Sqm
$3,557 /isqm
(bought price)
(bought price)
Quote Comment
Confused about price? Arrange an appointment.
Property
Land Size
402 sqm *Approx
Rear Light
West
Style
Period
Cladding
Render
Storeys
Single
Position
Area
YARRA
Suburb
FITZROY NORTH
Location map of 407 Rae Street, FITZROY NORTH
Imp Sqm
Land Size
Rear Light
Beds
Baths
Cars
Flow
Street
729
UNDISCLOSED BOUGHT PRICE
$0
450sqm
6
2
2
Average
Quiet, Leafy, No Traffic
605
$4,200
300sqm
4
2
1
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.