James Auction Reviews
July 24th & 25th 2010
Click Here
James Market Insight
What a funny lot we are at auction! Check out the Expressions! Malvern 4 Grace: Marcus Chiminello and Justin Long: 4 bidders, Bought After Auction
July 24th 2010
At 6pm on Saturday the James Million-Dollar-Plus clearance rate was 59% for the 31 auctions we attended. Bidderman was at 1.5 – a more representative number than last week's 2.2 we think. Show Full Story
James Market Insight
What is it with redheads? They're running the country - and now they're taking over the auctions. We counted six in this photo in amongst auctioneer Phillip Kingston from Gary Peer. 7A Nightingale St Kilda East. Bought After $1,200,000. 1 bidder.
July 17th 2010
At 6pm Saturday the James Clearance Rate on the 22 $M+ Auctions we covered was 59%. Our Demand Indicator Bidderman was 2.2.  Hmmm - an interesting increase but it was off a very low turnover. Today’s... Show Full Story
407 Rae Street, FITZROY NORTH
407 Rae Street FITZROY NORTH

BOUGHT* - $1,430,000

3
1
2
402sqm
637

JAMES HOME RATING SCORE
Auction - 12:00pm Mar 27 2010

407 Rae Street FITZROY NORTH

DAYS ON JAMES
23
David McMillan
Buyer Advocate
0410 482 553
David'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.  "
27th Mar 2010 - Auction Report - 407 Rae Street, FITZROY NORTH
407 Rae Street
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
Property Analysis of 407 Rae Street, FITZROY NORTH
James Control Price on 407 Rae Street, FITZROY NORTH
$

LAND
+
$

BUILDING
+
$

EMOTION / BIDDERS
=
$

YOUR ESTIMATE
Property Analysis Summary of 407 Rae Street, FITZROY NORTH
Concerns
Poor Cash Characteristics
Benefits
Good Area Growth 25 years
Excellent Land Content
Rail Transport Distance
Coffee/Eateries Close By
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)
Quote Comment
Confused about price? Arrange an appointment.
Property
Land Size
402 sqm *Approx
Land Content
Average (Area Type)
Rear Light
West
Style
Period
Cladding
Render
Storeys
Single
Position
Area
YARRA
Suburb
FITZROY NORTH
Precinct
Average
Street
Typical (Area)
407 Rae Street, FITZROY NORTH is Recommended For
Major Renovator
Land Only / Bulldozer
Investors - Growth
Location map of 407 Rae Street, FITZROY NORTH

There are two requirements to use this map search.

1. Your browser must be javascript enabled

2. You need to have at least flash player 9 installed. You can click here in order to download it.

Imp Sqm
Land Size
Rear Light
Beds
Baths
Cars
Flow
Street
Properties Nearby - FITZROY NORTH







Loading Alternatives on Market
Next Steps for 407 Rae Street, FITZROY NORTH
Visit Selling Agent Website
1. Visit Property - see more pictures - open times for public inspections

More about Buyer Advocates
2. Due Diligence on Pest, Building, Legals, Architectural and Renovation Issues,

Contact Us
David McMillan
0410 482 553
3. Value, Lowest Price you may pay, Highest Price you may pay, Is this a Quality Decision for You?

4. Engage a Buyer Agent for a FULL JAMES HOME RATING to help with negotiation strategy, private appointments and other off market homes
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, in fact we buy around 80 per year in the $1M-$5M range, therefore we often rely on an advertised price or the selling agent to indicate the bought price and occasionally the result may be inaccurate.


Show more definitions & disclaimers