21 Moama Road MALVERN EAST

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

Requiring significant additional cash to purchase price
Proportions/quality of living/dining room
Not enough bathrooms
Bathroom no ensuite
Needs another bedroom
Interrupted floor levels
Mal James
Mal James
0408 107 988
[email protected]

Comments on 21 Moama Road MALVERN EAST

This quaint period home will initially attract buyers due to its location and currently advertised price.

This is a family friendly area which provides walking distance proximity to parks, schools, transport and shops. This also makes it attractive to downsizers who don’t want to drive to get their daily essentials and like the peaceful surrounds of this pocket of Malvern East.

The floorplan itself, although not perfect, does have some charm about it. It’s move-in ready and has the prized north rear and grassed yard with shed and cubby – perfect for gardeners, handymen/women and young kids/grandkids. Being practical, however, with 3 different sized bedrooms (one really is only sized for a nursery or study) and only one bathroom, couples with kids may need to factor in renovation/extension work. As there is width available at the back, an extension out rather than up could be warranted.

A couple of years ago this property may have sold as land to a family wanting to build their long term family home here, but I’m not sure if this buyer profile will be your competition in this current market.

This home gives you future flexibility if you love it as it is – with only minor cosmetic improvements now if you need a second bathroom – and the option to build/sell to a builder or add a family sized extension when you reach the next phase in your life.


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

3
Bedroom
1
Bathroom
2
Parkings
520sqm
Land Area
Floor Plan Agent

Sold - 11:30 AM Apr 6 2019

Quote $1,800,000 - $1,900,000

North 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.