30 Park Crescent CAULFIELD NORTH

Benefits

Higher positional potential for long term growth
Growth above average metro in last decade
Excellent land content as proportion of price
Higher risk as newer precinct
Good area pricing range meaning lower risk on resale

Concerns

Poor rental prospects
Limited Backyard
Mal James
Mal James
Principal Buyer Advocate
0408 107 988
mal@james.net.au

Comments on 30 Park Crescent CAULFIELD NORTH

30 Park is one of the more exciting offerings from a PPP point of view – meaning Property type and Position and Price.

It is also one of the more exciting properties from a renovation point of view – assuming the roof and slab don’t have major faults - it feels like (STCA) you can do a lot for a little and really change the flavour of the home.

Groovy chic I can see for not much as the floor plan works well – yes room sizes are not huge - so hard to see a big teenage football family fitting in - but most other groups from downsizers to builders and renovators to single/couples and smaller families, this seems ideal being on single level at a good price point (say sub $2m).

Opposite the park, reasonable walk to train and shopping choices are numerous. Front and rear access and on multiple titles give even more flexibility – light is good as well.

So yes, in its current state, it has seen better days and there may be a few hidden fixes (STBI) required, however all things considered this seems a home that a number of people will see interest in.

Accordingly, I can see price travelling past the quote and the eventual deal in my opinion will be determined by competing buyers and not the seller. Where does that lie in relation to $2m? Close in my opinion.


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3
Bedroom
2
Bathroom
2
Parkings
572sqm
Land Area
Floor Plan Agent

Auction - 3:30 PM Feb 23 2020

Quote $1,600,000

North Facing

Full James Rating Sheet

Be with James

Would you like to talk to us about finding or negotiating on your next home?
We buy 100 homes for our clients every year.
We buy Inner East and Bayside over $2m.