10 Long Street ELSTERNWICK

Comments on 10 Long Street ELSTERNWICK

A brick double fronted Victorian home with a north rear and car parking ticks the basic boxes for a good property. Good flow and good proportions throughout the interior in a location which may not be too far from amenities for most people completes the good property fundamentals check list.

This is a 3/4 sized property (4 bedroom home on smaller land) which could suit a variety of buyer profiles and offer 5-7 year flexibilty. The home is not up-to-the-minute internally or in its landscaping which means considered improvements could add value to this property as well as to your happiness by renovating to your taste. For example, getting more of the prized north light into the rear of the home. This lower maintenance property would appeal to families, couples with a boomerang child or two and younger downsizers and this broader appeal can underpin demand.

Families may look at the car parking here which (on a day-to-day basis) is really only for one car not undercover and possibly another small car under the minimal width carport or for long term parking however off-street parking is plentiful.

Overall this single level home provides for easy lifestyle living. The key for buyers then becomes how to secure this home. Elsternwick is a tightly held precinct with low stock levels recently and during the past 6 months there has been strong competition for renovated homes around this price point. And during the last 12 months, 4 bedroom homes have been hard to find. Therefore, there are underbidders and vendor expectations to manage  but there is also long term outcomes to weigh up for each buyer. What are your alternatives now and in the foreseeable future and how will this property align with your emotional and financial outcomes?