Good flat block in great street thats livable and rentable but ideal for a luxury new home. On the south side of street which requires a cleaver design to maximise light. This block would suit a great single level home close to Camberwell Junction Monash Freeway and Anderson Park. Land in this position was trading at $4-$4500 per sq mtr at the peak now sitting at $3.6-$3800 per mtr.
Things we love
Great Anderson Park location
Nice flat block with livable home
Good value compared to 12 months ago for land
Things to consider
South rear orientation
Significant extra cost to renovate or build a new home
Tim's long standing ties to the local community contribute to his extensive understanding of the Boroondara and Stonnington regions when it comes to property. Educated at Scotch College and a former partner at Jellis Craig and Kay and Burton, he has 20 years of experience in selling some the finest properties in Melbourne. Now heading up BuyerX as a specialist in the prestige property market Tim brings extensive local knowledge, very strong personal and agent connection and extensive experience having been on the other side of the transaction for so long.
The property market in Boroondara and Stonnington councils have had the lowest stock levels that I can remember, certainly in the first half of 2019. This is due to the current market sentiment caused by negative press, the banking royal commission, and the federal election. In the prestige markets of Stonnington and Boroondara, the election ...[read more]