PASSED IN - $1,520,000

This auction never really took off. Auctioneer Matthew Hurlston opened the auction with a vendor bid of $1,500,000 which was met with silence from the 40 onlookers. Mr Hurlston even resorted to pleading with the neighbours to band together to buy! His efforts were finally rewarded with a real bid of $1,520,000, but the property was passed in to the lone bidd...

Crowd Numbers: 40 people
Bidderman: 1 bidders

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31 Pine Avenue CAMBERWELL

Item: 31 Pine Avenue CAMBERWELL
Rating: 700
Author: Simone Clarke

Benefits

Higher positional potential for long term growth

Growth above average metro in last decade

Excellent land content as proportion of price

Lower risk as established precinct

Good area pricing range meaning lower risk on resale

Concerns

Requiring significant additional cash to purchase price

Simone Clarke
0400 304 111
[email protected]

Comments on 31 Pine Avenue CAMBERWELL

Good options for a good north-facing block in Camberwell's Sunnyside Estate (a good pocket of Camberwell - leafy streets, generous block sizes, close to the M1 and Camberwell Junction). North facing rear and hill position the major pluses - property next door is a little quirky and does detract a little. Worth some thought - rated as Land Only here.

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3 Bedroom	1 Bathroom	2 Parkings	836sqm Land Area
Floor Plan	Agent	Private Sale	Quote $1,800,000+	North Facing

Assess Question: Is this property a good home?