BOUGHT* - $2,535,000

On this cool, windy Melbourne day, auctioneer Iain Carmichael began proceedings with a superb description of this Malvern property. Leaving it up to the crowd for an opening bid, Mr Carmichael waited patiently for a reasonable offer to come forth. However, he was met with silence and reluctantly decided to make a bid of $2,200,000 on behalf of his vendors. T...

Crowd Numbers: 60 people
Bidderman: 4 bidders

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5 Harvey Street MALVERN

Item: 5 Harvey Street MALVERN
Rating: 703
Author: James Home Ratings

Benefits

Higher positional potential for long term growth

Growth above average metro in last decade

Lower risk as established precinct

Lower risk established look

Area distance from CBD

Concerns

Requiring significant additional cash to purchase price

James Home Ratings
03 9804 3133
[email protected]

Comments on 5 Harvey Street MALVERN

This property, with it's landmark facade, brings back memories of doll houses and childhood. Although the floorplan isn't the typical modern family living most expect, it does have plenty of charm. On approximately 680 sqm of land and armed with a clever architect (STCA) there are opportunities to create a great family home. Position would surely suit - close to the park a stroll to Glenferrie Rd for a coffee and transport.

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4 Bedroom	2 Bathroom	2 Parkings	682sqm Land Area
Floor Plan	Agent	Sold - 2:30pm Apr 2 2011	Quote $2,200,000 - $2,400,000	East Facing

Assess Question: Is this property a good home?