James Auction Reviews
March 20th & 21st 2010
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James Market Insight
Brighton: 10 Kent Avenue: Nick Johnstone of JP Dixon. Bought afterwards for over $2,100,000; a 16% increase on last year. But for some sellers the 2010 jig maybe up. Next week looming as a real test - are we turning a corner or are we as buyers dreaming?
March 20th 2010
It is 6pm Saturday and the James Million Dollar-Plus Clearance rate for the 27 Auctions we attended today was 65 per cent. Bidderman remained steady at 2 bidders per auction. However 1 in 3 of... Show Full Story
James Market Insight
Toorak: 140 Kooyong Road - Bought $4,040,000 - Bidderman 2. Although this went better than some thought it would, an overall toughish day for Iain Carmichael and an even tougher day for many slightly surprised auctioneers across Melbourne who were performing to less enthusiastic bidders than a fortnight ago.
March 13th 2010
It is 6pm Saturday and the James Million Dollar-Plus Clearance rate from the 31 Auctions we attended today was 61 per cent. Wow that was a bit of a surprise! Please note we thought the quality of the homes on offer... Show Full Story

Auction - 10:30am Feb 20 2010

7 Ardrie Road MALVERN EAST

DAYS ON JAMES
24
7 Ardrie Road MALVERN EAST

BOUGHT* - Undisclosed

4
3
2
516sqm
797
Mal James
Principal Buyer Agent
0408 107 988
Mal'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 No7Michael  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."
James Control Price on 7 Ardrie Road, MALVERN EAST
$1,083,600
DIRT
+
$800,000
HOUSE
+
$

EMOTION / BIDDERS
=
$

JAMES CONTROL PRICE
LAND CONTENT

58%
POSITIONAL GROWTH
MARKET HEAT

$1,883,600 JCP
Property Analysis of 7 Ardrie Road, MALVERN EAST
Property Analysis Summary of 7 Ardrie Road, MALVERN EAST
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
Characteristics of 7 Ardrie Road, MALVERN EAST
Price
Bought*
Undisclosed
Selling Agent
Michael Derham
Agency
Abercromby's
Initial Agent Quote
$2,000,000+
Price Imp.Sqm
$3,876 /isqm (at agent quote)
Quote Comment
Confused about price? Arrange an appointment.
Property
Land Size
516 sqm *Approx
Land Content
Average (Area Type)
Rear Light
North
Style
Period
Cladding
Timber
Storeys
Double
Position
Area
STONNINGTON
Suburb
MALVERN EAST
Precinct
Above Average
Street
Typical (Area)
7 Ardrie Road, MALVERN EAST is Recommended For
Families with Teenagers
Families with Young Kids
Families to Grow (can renovate)
Period Home Buyer
Renovation Options for 7 Ardrie Road, MALVERN EAST
Building Quality
Above Average
Floorplan & Flow
Above Average
Renovations Required
None
Location map of 7 Ardrie Road, MALVERN EAST

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Imp Sqm
Land Size
Rear Light
Beds
Baths
Cars
Flow
Street
Properties Nearby - MALVERN EAST







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Next Steps for 7 Ardrie Road, MALVERN EAST
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
Mal James
0408 107 988
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 sold. We are a rating company for buyers only, and we use the word bought instead of sold. We do not buy all the properties listed on this website so we often rely on an advertised price or the selling agent to indicate bought price and occasionally the result may be inaccurate.


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