James Auction Reviews
August 28th & 29th 2010
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James Market Insight
David Oster (Jellis Craig) stands high at 59 Studley Rd, Ivanhoe. The historic property sold under the hammer for $4,300,000. Two bidders and a crowd of around 80.
August 28th 2010
At 6pm on Saturday the James Million-Dollar-Plus clearance rate was 65% for the 43 auctions we attended. Of those, 15 were bought under the hammer. Auction numbers were up across the board, but results were very... Show Full Story
James Market Insight
In the thick of it, Iain Carmichael (BenMac) takes 31 Finch St, Malvern East to a sale price of $3,360,000. 2 bidders and a crowd of 120.
August 21st 2010
At 6pm on Saturday the James Million-Dollar-Plus clearance rate was 58% for the 24 auctions we attended. Of those, eight sold under the hammer.

Bidderman, our Demand Indicator, increased to nearly 1.5... Show Full Story
7 Ardrie Road, MALVERN EAST
7 Ardrie Road MALVERN EAST

BOUGHT* - Undisclosed

4
3
2
550sqm
792

JAMES HOME RATING SCORE
DAYS ON JAMES
734198
Mal James
Principal Buyer Advocate
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 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.
"
Adam Woledge
Registered Architect & Principal Buyer Advocate
0413 318 079
Adam'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."
24th Jul 2010 - Auction Report - 7 Ardrie Road, MALVERN EAST
7 Ardrie Road
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
Property Analysis of 7 Ardrie Road, MALVERN EAST
James Control Price on 7 Ardrie Road, MALVERN EAST
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BUILDING
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YOUR ESTIMATE
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
$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
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
Period Home Buyer
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

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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 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, in fact we buy around 80 per year in the $1M-$5M range, therefore we often rely on an advertised price or the selling agent to indicate the bought price and occasionally the result may be inaccurate.


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