BOUGHT* - $1,155,000

It was a cold, foggy start for auctioneer Michael Nolan today. In front of a small crowd of 30 - including the neighbours who watched from their premier balcony box seats - Mr Nolan kicked off with a vendor bid of $1,000,000. The bidding started slowly in $2,000 rises, but as the fog lifted so did the speed of proceedings. The emergence of 3 bidders helped p...

Crowd Numbers: 30 people
Bidderman: 3 bidders

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54 Stroud Street BALWYN

Item: 54 Stroud Street BALWYN
Rating: 520
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

Adjoining properties could be a negative issue

South facing rear (negative light issues)

Simone Clarke
0400 304 111
[email protected]

Comments on 54 Stroud Street BALWYN

Fairly standard block (although is alittle wider than normal)in the Balwyn High School zone - house is dated and property primed for a new house. South facing rear and school across the street the main concerns from a buyer's perspective here.

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2 Bedroom	1 Bathroom	1 Parkings	662sqm Land Area
Floor Plan	Agent	Sold - 11:00am Jun 5 2010	Agent Declined Quote	South Facing

Assess Question: Is this property a good home?