47 Walpole Street, KEW
MAY 19TH 2012
At 6pm on Saturday, the James Clearance Rate for $M+ was 55% on the 31 auctions we attended, down on last week. The Weekly Review Bidderman, our demand indicator, was steady at 1.6. Market Summary: From the results over the past few weeks, it could be easy to conclude that the market is a bit all... Show Full Story
BUYER TESTIMONIAL
We admired the way you conducted the auction and also for your personal compassion and understanding of all of us in the time up to, and, after the auction. We could not have asked any more of you or Mal, and we would highly recommend you both singly and together to anyone who would seek our advice. We will be reading all the advice you sent through also, and must say, that so far, this has been the easi...
The Browns
We are government licensed Buyer Agents.
BOUGHT* - $2,350,000
3
2
2
1,008sqm
Private Sale
47 Walpole Street KEW
PUBLISHED
Feb 3 2012
Feb 3 2012
Adam WoledgeAdam 's Comments on 47 Walpole Street, KEW
"Bought last year in 2011 at auction for $2,350,000 - see our auction report.
Great opportunity here to seriously renovate an original Victorian double-fronted home (whose bones are essentially intact, yet in need of renovation) or bulldoze and redevelop.
The block itself is good: flat and large with western rear orientation, which is great for afternoon sun. Rear lane access is a nice plus and this will be beneficial for developers and those wanting car access to the backyard. Separation and setbacks to the northern side are another plus, as this is beneficial for access to natural daylight.
Position is convenient: the property is within walking distance to Kew Junction and the High Street tramline. Walpole St does have a mix of housing style/types and carries through traffic - for the locals, this would be considered a B-grade street.
Rated as Land Only, as there is serious work ahead for this property. Given the offering, calibre of agent/agency and marketing program, this is sure to attract good competition and sell quite well.
"
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Property Analysis Summary of 47 Walpole Street, KEW
Suitable For
Families with Teenagers
Families to Grow
Younger Single/Couple
Big Space Buyers
Major Renovator
Period Home Buyer
Land Only / Bulldozer
Position Buyer
Good Bones Buyer
Concerns
Poor Cash Characteristics
Benefits
Good Area Growth 25 years
Excellent Land Content
Rail Transport Distance
Coffee/Eateries Close By
Land Size
Car Access
Property Characteristics of 47 Walpole Street, KEW
Price
Bought*
$2,350,000
Selling Agent
Nick Ptak
Agency
Marshall White
Initial Agent Quote
$2,000,000+
Price Imp.Sqm
$2,331 /isqm
(bought price)
(bought price)
Quote Comment
Confused about price? Arrange an appointment.
Property
Land Size
1008 sqm *Approx
Rear Light
West
Style
Period
Cladding
Brick
Storeys
Single
Position
Area
BOROONDARA
Suburb
KEW
Location map of 47 Walpole Street, KEW
Imp Sqm
Land Size
Rear Light
Beds
Baths
Cars
Flow
Street
793
UNDISCLOSED BOUGHT PRICE
$0
758sqm
4
5
6
Above Average
Quiet, Leafy, No Traffic
713
$1.735M
$2,430
714sqm
3
1
2
Average
Quiet, Leafy, No Traffic
686
$1.825M
$2,476
737sqm
0
0
0
Average
Quiet, Leafy, No Traffic
664
$1.6M
$0
796sqm
0
0
0
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.