BOUGHT* - $1,520,000

Around 80 people braved the frosty weather conditions for this auction, of which the property was last sold by the auctioneer Bryan Cain 12-and-a-half years ago. Once it was apparent that there was no-one from the crowd willing to start the auction, a vendor bid of $1,420,000 was announced and the auction didn't take too long to get going. There were three b...

Crowd Numbers: 80 people
Bidderman: 3 bidders

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9 Malvern Avenue GLEN IRIS

Item: 9 Malvern Avenue GLEN IRIS
Rating: 736
Author: Simone Clarke

Benefits

Higher positional potential for long term growth

Growth above average metro in last decade

Seemingly low additional cash required after purchase

Lower risk as established precinct

Lower risk established look

Concerns

No obvious concerns on first impression

Simone Clarke
0400 304 111
[email protected]

Comments on 9 Malvern Avenue GLEN IRIS

This is one of the better properties that have come up for sale this year in this area. The fundamentals of this updated 1930's brick home are good, with a generous land size, northern rear orientation and good position. The floor plan flows well and is very functional for a younger/growing family. The open plan link to outside is hard to fault and I like the way the centre of the house has been transformed into a study area. It also has good bedroom separation. The property sits on a nice street and is walking distance to the popular Ferndale Park. Some may find being so close to St. Cecilia's school a concern.

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4 Bedroom	2 Bathroom	2 Parkings	827sqm Land Area
Floor Plan	Agent	Sold - 11:00am Jun 23 2012	Quote $1,500,000+	North Facing

Assess Question: Is this property a good home?