31 Johnson Street HAWTHORN

Benefits

Higher positional potential for long term growth
Growth above average metro in last decade
Excellent land content as proportion of price
Good rental prospects
Minimal ongoing outgoings

Concerns

Kitchen needs work
Poor bathroom position
Tight doors/hallways/stairs
Mal James
Mal James
Principal Buyer Advocate
0408 107 988
mal@james.net.au

Comments on 31 Johnson Street HAWTHORN

31 Johnson is the type of home that has a degree of commonality for the area – except it’s got really good parking, is north rear (1 in 4 are) and is on big land relative to others of a similar type (417 sqm).
Property: So, what is it? It is a double storey, double fronted block Victorian that has been renovated some time ago (dated, but almost everything is in the right place – downstairs bathroom is not ideal).
I feel it’s built to an acceptable standard – not brilliant, but certainly not below acceptable or average – need a pest and building inspection to confirm.
Highlights are yard size and an ability(?) to value add (STCA) - e.g. to put in a garage (maybe with studio above) and still have a good-sized back yard. Everything about this home is good average so overall its above average.
Position: Brilliant for Hawthorn, for schools, restaurants, for CBD, for train, for absolutely everything.
Price: Money – it will rent well and often, and growth is proven in this area for this type of home when bought at market price and why wouldn’t it keep going? – it is hard to see demand ever waning and this is a safe price level as well, with what we all know.
The score is right – the shallow wow is limited but the underlying wow is strong.


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4
Bedroom
2
Bathroom
1
Parkings
417sqm
Land Area
Floor Plan Agent

Private Sale

Quote $2,400,000 - $2,600,000

North Facing

Full James Rating Sheet

Be with James

Would you like to talk to us about finding or negotiating on your next home?
We buy 100 homes for our clients every year.
We buy Inner East and Bayside over $2m.