40 Service Street HAMPTON

Benefits

Higher positional potential for long term growth
Growth above average metro in last decade
Good rental prospects
Seemingly low additional cash required after purchase
Minimal ongoing outgoings

Concerns

South facing rear (negative light issues)
Darker living/dining room
Mal James
Mal James
Principal Buyer Advocate
0408 107 988
mal@james.net.au

Comments on 40 Service Street HAMPTON

If you’re a Hampton lover and buyer then it’s hard to find fault with this home - except the light.
 
It's position is almost everything a family wants - walk to schools, beach and walking paths, rail, supermarket and shops. What else is there?
 
The property itself is in the Hampton style – fresh, timber and easy and open floorplan over two stories. What doesn’t it have? The floorplan flows really well - good bedroom separation (guests and teenagers) - multiple living areas and compartments - pool and big back yard. All works.
 
Price - land plus building gives a fairly clear number but then minus pandemic and add underlying demand (any era) v actionable demand (shortage of solid homes May 2020) and you now have a fairly wide range of values. This will be determined by actual buyers - as the home is well marketed so those in the market will know and will have to deal with an experienced agent.
 
Let's take off the rose coloured glasses and put on our Mr. Critical Hat – south facing rear (weaker light) - it is partially fixable with skylights and alfresco reworking – not the widest block (but then is built already and works AND gives you a huge backyard due to home placement and rear bungalow) – development (needs a visit to planning options for neighbours) – but seems far enough away from development zone to make major development either side unlikely.
 
Back to the good stuff. This is a typical home of this ilk (really good without being great) - that arrives in the market once or twice in a normal year and when it does it goes bang. Whilst a buying optimist could say it's an ideal time to be buying – a buying pessimist could mount an argument that we are unlikely to see too many more of these in the next 12 months due to the same reasons and therefore, competition is likley.
 
I like this home for its all-rounder near perfection status and long term whilst it will not be a standout growth wise - it will in all likelihood hold its own for quite some time (decades) due to timelessness and quality and position.

Maybe better investments but it's still good and it always will be.

The buyer will be happy - hard to guarantee this - that often.


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4
Bedroom
4
Bathroom
2
Parkings
859sqm
Land Area
Floor Plan Agent

Private Sale

Quote $3,450,000 - $3,750,000

South 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.