15 Rae Street HAWTHORN

Comments on 15 Rae Street HAWTHORN

Position
A Grade Hawthorn to Carey, MLC, Train, Glenferrie Shops
 
Key Dislikes:
Garaging
Staircase at front door
 
Key Likes:
Light
Flow
Room numbers
Master
Living
Yard

Price
Your home price will be determined by 3 parts.
 
Overall market:  Across Australia, Across Melbourne, Across Hawthorn is as hot as it has been for many years (2015/16 last as hot market) and the overall market continues to rise as we try and buy this.
 
Market segment: Is the hottest of market segments within the market. Ready to move in home, north rear, on good sized no heritage overlay land – well located to private schools.
 
Individual market:
- Good agents – priced to attract big interest.

- The agent is saying 8 Gellibrand as one of their comparables to justify their asking price. We bought that in a volcano auction and we think Gellibrand home is smaller, the land has a similar feel and for some Rae St is a preferred position

- Just prior to Winter with little stock, in a market, many think may be hotter in Spring.

Go early, go hard and keep going. This is A+ position, A- home (A+ land and B+ home) and price in the 4’s will be ok but not guaranteed, this should tip 5 in this market.