BOUGHT* - $1,186,000

A confident David Gillham fronted a crowd of about 60 assured that he would sell this property. There certainly were a couple of developers amongst the crowd who seemed keen to snap it up. This was shown by the confident $1,000,000 opening bid made by one person who was joined by another two bidders as they quickly pushed the price to $1,120,000 where Mr Gil...

Crowd Numbers: 60 people
Bidderman: 3 bidders

Read the full report

5 Killarra Avenue CAMBERWELL

Item: 5 Killarra Avenue CAMBERWELL
Rating: 662
Author: Simone Clarke

Benefits

Higher positional potential for long term growth

Growth above average metro in last decade

Excellent land content as proportion of price

Lower risk as established precinct

Good area pricing range meaning lower risk on resale

Concerns

Requiring significant additional cash to purchase price

Simone Clarke
0400 304 111
[email protected]

Comments on 5 Killarra Avenue CAMBERWELL

Good opportunity to build new here in a leafy location close to Frog Hollow reserve and Hartwell Station. This precinct is not A-grade Camberwell but it is quiet and family friendly. Pluses - preferred side of the street here and being a little wider than your standard 50 feet (15.24m) frontage can help in the design of new homes. Block does slope down to the western side - this present some challenges for new building yet would not be too hard to overcome. Rated as Land Only.

Your enquiry has been successfully submitted.
You will be hearing from us soon!

Please ensure that you have entered your name, phone number, email address and selected at least one of our services!

3 Bedroom	1 Bathroom	2 Parkings	725sqm Land Area
Floor Plan	Agent	Sold - 2:00pm Sep 24 2011	Quote $1,050,000 - $1,200,000	North Facing

Assess Question: Is this property a good home?