7 Ardrie Road, MALVERN EAST
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
As expats living in Singapore we were faced with specific challenges in purchasing a home in Melbourne. Trying to purchase a property from overseas is fraught with potential difficulties but you made the process seamless. As we got to know you we felt confident in your assessments and you were able to be very forthright with us. Many times we asked you...
Cindy & Jan
We are government licensed Buyer Agents.
BOUGHT* - Undisclosed
4
3
2
550sqm
Private Sale
7 Ardrie Road MALVERN EAST
RATED
Jan 31 2010
Jan 31 2010
Mal JamesMal 's Comments on 7 Ardrie Road, MALVERN EAST
"I love the Ardrie Park area in Malvern East, so I was keen to check out this early offering from Abercromby's. I was running late but thanks to Michael Derham who hadn't left 10 minutes after the open I was able to see it as he kindly ushered me through. "Take your time Mal" he said and I reckon this may hit $2m. Wow I thought - $2m for a timber home on 516 sq metres in Malvern East outside the Gasgoine - that's the first brave 2010 quote I've heard; especially after I was less than impressed will the car-parking at the front. But as I ventured through I moved from cynic to convert - two beds up and two beds down; good ensuite and other bathrooms; great living area and a very practical and covered indoor/outdoor area. Good yard size, ceiling heights and overall feel. Yep this was a beauty - but $2m. Then Michael reminded me of their previous Ardrie Road auction (55) - on June 20 2009 - it needed a reno but WOW what an auction. We attended that Our James Auction Report - About 120 people gathered to see six bidders fight it out for this house, which sold well above its $850,000 quote. On the market at $1.065 million, auctioneer Tim Derham did a good job fielding the bids and this house sold for $1.210 million. End of report: When I was leaving No7 Michael also reminded me of their recent Armadale auction in Auburn Grove and how wrong I was on that one - price wise. As I left I started to rework the figures and could see that $2m was a possibility. Good agent that Michael Derham; cheeky but good.
Last sold 20.2.2010 for around the $1.98m mark.
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Adam WoledgeAdam 's Comments on 7 Ardrie Road, MALVERN EAST
"An updated home with prized north facing rear aspect and close to Ardrie Park. Although given a northern aspect the informal living area is large and a little dark - this is due mainly to the expansive adjacent alfresco area - not a problam in summer of course yet in winter this is not ideal. No covered car-parking may also be a concern for buyer's here yet this will tick many boxes. "
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Property Analysis Summary of 7 Ardrie Road, MALVERN EAST
Suitable For
Families with Teenagers
Families with Young Kids
Families to Grow
Period Home Buyer
Concerns
Car Garaging
Benefits
Good Area Growth 25 years
Great Street
Rail Transport Distance
North Facing Rear
Street Frontage
Outdoor Access and Flow
Front to Back Flow
24th Jul 2010 - Auction Report - 7 Ardrie Road, MALVERN EAST
PASSED IN - $1,650,000
With the weather taking a turn for the worse, auctioneer Tim Derham opened the auction with a vendor bid of $1,650,000. With the umbrellas opening in the crowd and the atmosphere souring, no bids were made for the Malvern East property. Derham did all he could to extract a bid from the reluctant crowd before returning to discuss the situation with the vendor...
Crowd Numbers: 70 people
Bidderman: 0 bidders
Crowd Numbers: 70 people
Bidderman: 0 bidders
Property Characteristics of 7 Ardrie Road, MALVERN EAST
Price
Bought*
Undisclosed
Selling Agent
Michael Derham
Agency
Abercromby's
Initial Agent Quote
$1,800,000+
Price Imp.Sqm
$3,273 /isqm (at agent quote)
Quote Comment
Confused about price? Arrange an appointment.
Property
Land Size
550 sqm *Approx
Rear Light
North
Style
Period
Cladding
Timber
Storeys
Double
Position
Area
STONNINGTON
Suburb
MALVERN EAST
Location map of 7 Ardrie Road, MALVERN EAST
Imp Sqm
Land Size
Rear Light
Beds
Baths
Cars
Flow
Street
741
UNDISCLOSED BOUGHT PRICE
$0
410sqm
3
3
2
Above Average
Quiet, Leafy, No Traffic
729
$0
391sqm
4
3
2
Above Average
Typical (Area)
729
UNDISCLOSED BOUGHT PRICE
$0
508sqm
3
2
2
Above Average
Quiet, Leafy, No Traffic
709
$3,507
529sqm
3
2
3
Above 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.