12 Lille Street
BOUGHT* - $2,450,000
Auction review pending completion

Crowd Numbers: 70 people
Bidderman: 5 bidders
 

12 Lille Street SURREY HILLS

Benefits

Higher positional potential for long term growth
Growth above average metro in last decade
Seemingly low additional cash required after purchase
Higher risk as newer precinct
Lower risk established look

Concerns

South facing rear (negative light issues)
Mal James
Mal James
0408 107 988
[email protected]

Comments on 12 Lille Street SURREY HILLS

This home makes you feel good. Stepping inside, you immediately slow down and feel at ease because there's a sense of sanctuary here.

It's a combination of the spaces being not-too-big, the light having not-too-much contrast and the colours and surfaces being not-too-harsh. 

This is a quintessential suburban long-term family home in a family area. Good entertaining spaces, inside and outside, good bedroom separation as well as lots of storage. Importantly in this new market, it is move-in ready - there are no renovations needed which create uncertainty around dollars, time and risk.

What this home doesn't have is close walking distance proximity to train, shops and many schools. Parents could be chaufferring kids until and if the tram becomes manageable. Although it is south facing, it's not dark and some may prefer a garage but the large carport and shed are acceptable for this price range.

At the low to mid $2m's range, what else is there on the market right now for families? Stock levels are low and stock quality is low so this home will not only attract buyers who have been searching over the past year, but it could also attract discretionary buyers - those moving for the opportunity rather than the need.

Difficult to see there not being competition on this home, now or in the near future, as the lifestyle it provides suits families at all stages.


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James Buy Sell works across Melbourne’s top-end property market to help our clients make smart real estate decisions.

4
Bedroom
2
Bathroom
2
Parkings
678sqm
Land Area
Floor Plan Agent

Sold - 11:30 AM Mar 16 2019

Quote $2,200,000 - $2,400,000

South Facing

Full James Rating Sheet

Advice that Matters

James Buy Sell works across Melbourne’s top-end property market to help our clients make smart real estate decisions.