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Property Buyers Agents Australia
Property Buyers Agents Australia
Property Buyers Agents Australia
Property Buyers Agents Australia
Property Buyers Agents Australia
Property Buyers Agents Australia
Property Buyers Agents Australia
Property Buyers Agents Australia
Property Buyers Agents Australia
Property Buyers Agents Australia
Property Buyers Agents Australia
Property Buyers Agents Australia
Property Buyers Agents Australia
Property Buyers Agents Australia
Property Buyers Agents Australia
Property Buyers Agents Australia
Property Buyers Agents Australia
Property Buyers Agents Australia
Property Buyers Agents Australia
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Property Buyers Agents Australia

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National Property Buyers offer a truly Australia wide buyers' agent and property management service. …

National Property Buyers offer a truly Australia wide buyers' agent and property management service.

Please visit http://www.nationalpropertybuyers.com.au for further information.

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  • 1. Property & Price Analysis for 71 Fromer St Bentleigh 3 1 612sqm SAMPLE ONLYPlease note that this Property & Price Analysis is a sample only and theinformation contained within is for demonstration purposes only and is not to be relied upon or used to purchase any property. Page 1 of 19 National Property Buyers Pty Ltd ABN 42 429 453 633 Linfox House, Level 4, 493 St Kilda Rd Melbourne Victoria 3004 Phone: 1300 500 555 Email: enquiries@nationalpropertybuyers.com.au www.nationalpropertybuyers.com.au
  • 2. Prepared for John & Joanne Butcher Prepared by Antony Bucello of National Property Buyers Licensed Estate Agents Linfox House, Level 4, 493 St Kilda Rd Melbourne Victoria 3004 Telephone: 1300 500 555 Email: queries@nationalpropertybuyers.com.au PLEASE NOTEThe purpose of this property and price analysis is to provide you with essential information inorder for you to be able to decide how much you are willing to pay for the property. It is in aformat that is logical and easy to digest and covers the main areas of property. It is intendedsolely for the addressee, whose names appear on this page. Wherever possible, we verifyinformation for its accuracy, however some data contained within this report can be inaccuratefor a number of reasons including the source from where the information was received. Any onepiece of information should not be relied upon on its own and any queries should be directed tothe Buyer Advocate who prepared this report on your behalf for discussion and clarification. Thisproperty and price analysis is not a sworn valuation. Quality of photos may vary depending onsource. Page 2 of 19 National Property Buyers Pty Ltd ABN 42 429 453 633 Linfox House, Level 4, 493 St Kilda Rd Melbourne Victoria 3004 Phone: 1300 500 555 Email: enquiries@nationalpropertybuyers.com.au www.nationalpropertybuyers.com.au
  • 3. Auction date: Saturday 21 May 2011Auction time: 12.30pm Agency: Buxton Agent: Chris Agent Quote: $700,000-$750,000 Page 3 of 19 National Property Buyers Pty Ltd ABN 42 429 453 633 Linfox House, Level 4, 493 St Kilda Rd Melbourne Victoria 3004 Phone: 1300 500 555 Email: enquiries@nationalpropertybuyers.com.au www.nationalpropertybuyers.com.au
  • 4. AREA & POSITIONSuburb BENTLEIGHPostcode 3204Local Government Area GLEN EIRA Bentleigh is a suburb in Melbourne, Victoria, Australia, 12 km south-east from Melbournes central business district. Its Local Government Area is the City of Glen Eira. At the 2006 Census, Bentleigh had a population of 14,271. Bentleigh is home to Alnutt Park, Victory Park, Halley Park, and Bentleigh Memorial Gardens. Centre Road is a strip shopping centre of over 250 retail businesses,[5] with a focus on fresh food, continental delis and cake shops and cafes. Its schools are Our Lady of the Sacred Heart College, Bentleigh West Primary School,and St. Pauls Primary School. Source: www.realestateview.com.au Source: www.wikipedia.com.au Median Prices as at March 2011 Median Price Neighbouring Median Prices Lower Quartile $797,500 Bentleigh East $715,000 MEDIAN $876,000 McKinnon $1,000,000 Upper Quartile $1,022,500 Brighton East $1,250,051 Source: www.realestateview.com.auWhat is the median price? The median price is the middle price in a series of sales. For example, if 15 sales arerecorded in a suburb and arranged in order from lowest to highest price, the 8th sale price is the median price. In caseswhere there are an even number of sales in a suburb, the median is the average of the middle two prices. Page 4 of 19 National Property Buyers Pty Ltd ABN 42 429 453 633 Linfox House, Level 4, 493 St Kilda Rd Melbourne Victoria 3004 Phone: 1300 500 555 Email: enquiries@nationalpropertybuyers.com.au www.nationalpropertybuyers.com.au
  • 5. Amenities Transport Shops School Park Area & Position Summary Key POOR AVERAGE GOOD Distance to CBD Parks Access to CBD Street Historical Growth Neighbours Transport Traffic Shops Views Page 5 of 19 National Property Buyers Pty Ltd ABN 42 429 453 633 Linfox House, Level 4, 493 St Kilda Rd Melbourne Victoria 3004Phone: 1300 500 555 Email: enquiries@nationalpropertybuyers.com.au www.nationalpropertybuyers.com.au
  • 6. LANDSource: REIV MapIt. Please note, information is from REIV website only and has not been confirmed by a surveyor. All measurements need to be confirmed by title. Page 6 of 19 National Property Buyers Pty Ltd ABN 42 429 453 633 Linfox House, Level 4, 493 St Kilda Rd Melbourne Victoria 3004 Phone: 1300 500 555 Email: enquiries@nationalpropertybuyers.com.au www.nationalpropertybuyers.com.au
  • 7. Source: REIV MapIt. Please note, information is from REIV website only and has not been confirmed by a surveyor. All measurements need to be confirmed by title. Page 7 of 19 National Property Buyers Pty Ltd ABN 42 429 453 633 Linfox House, Level 4, 493 St Kilda Rd Melbourne Victoria 3004 Phone: 1300 500 555 Email: enquiries@nationalpropertybuyers.com.au www.nationalpropertybuyers.com.au
  • 8. Planning & ZoningPlanning Property ReportFrom www.dpcd.vic.gov.au/planning on 25 May 2011 09:32 AMAddress: 71 FROMER STREET BENTLEIGH 3204Lot / Plan: Lot 37 LP12998Local Government (Council): GLEN EIRA Council Property Number: 50828Directory Reference: Melway 77 G3Planning ZoneRESIDENTIAL 1 ZONE (R1Z)SCHEDULE TO THE RESIDENTIAL 1 ZONENote: labels for zones may appear outside the zone boundary - please compare the labels with the legend. Page 8 of 19 National Property Buyers Pty Ltd ABN 42 429 453 633 Linfox House, Level 4, 493 St Kilda Rd Melbourne Victoria 3004 Phone: 1300 500 555 Email: enquiries@nationalpropertybuyers.com.au www.nationalpropertybuyers.com.au
  • 9. Planning OverlayDEVELOPMENT CONTRIBUTIONS PLAN OVERLAY (DCPO)DEVELOPMENT CONTRIBUTIONSPLAN OVERLAY - SCHEDULE 1 (DCPO1) Page 9 of 19 National Property Buyers Pty Ltd ABN 42 429 453 633 Linfox House, Level 4, 493 St Kilda Rd Melbourne Victoria 3004 Phone: 1300 500 555 Email: enquiries@nationalpropertybuyers.com.au www.nationalpropertybuyers.com.au
  • 10. Note: due to overlaps some colours may not match those in the legend.Further Planning InformationPlanning scheme data last updated on 19 May 2011.A planning scheme sets out policies and requirements for the use, development and protection of land.This report provides information about the zone and overlay provisions that apply to the selected land.Information about the State, local, particular and general provisions of the local planning scheme that mayaffectthe use of the land can be obtained by contacting the local council or by visiting Planning Schemes OnlineThis report is NOT a Planning Certificate issued pursuant to Section 199 of the Planning & Environment Act1987.It does not include information about exhibited planning scheme amendments, or zonings that may abut theland.To obtain a Planning Certificate go to Titles and Property CertificatesFor details of surrounding properties, use this service to get the Reports for properties of interestTo view planning zones, overlay and heritage information in an interactive format visitPlanning Maps OnlineFor other information about planning in Victoria visit www.dpcd.vic.gov.au/planningCopyright © - State Government of VictoriaDisclaimer : This content is provided for information purposes only. No claim ismade as to the accuracy or authenticity of the content. The Victorian Governmentdoes not accept any liability to any person for the information provided. Read the fulldisclaimer at www.land.vic.gov.au/disclaimer Source: www.land.vic.gov.au. Please note, information is from government website only and has not been confirmed by a surveyor. All measurements need to be confirmed by title. Page 10 of 19 National Property Buyers Pty Ltd ABN 42 429 453 633 Linfox House, Level 4, 493 St Kilda Rd Melbourne Victoria 3004 Phone: 1300 500 555 Email: enquiries@nationalpropertybuyers.com.au www.nationalpropertybuyers.com.au
  • 11. Land Summary Key POOR AVERAGE GOOD Zoning Slope Size Orientation Frontage Fencing Privacy Car Access Page 11 of 19 National Property Buyers Pty Ltd ABN 42 429 453 633 Linfox House, Level 4, 493 St Kilda Rd Melbourne Victoria 3004Phone: 1300 500 555 Email: enquiries@nationalpropertybuyers.com.au www.nationalpropertybuyers.com.au
  • 12. BUILDING Family room LoungeKitchen and meals Master bedroom Back yard Decked verandah Page 12 of 19 National Property Buyers Pty Ltd ABN 42 429 453 633 Linfox House, Level 4, 493 St Kilda Rd Melbourne Victoria 3004 Phone: 1300 500 555 Email: enquiries@nationalpropertybuyers.com.au www.nationalpropertybuyers.com.au
  • 13. Floor plan Page 13 of 19 National Property Buyers Pty Ltd ABN 42 429 453 633 Linfox House, Level 4, 493 St Kilda Rd Melbourne Victoria 3004Phone: 1300 500 555 Email: enquiries@nationalpropertybuyers.com.au www.nationalpropertybuyers.com.au
  • 14. Building Summary Key POOR AVERAGE GOOD Exterior Street presence Noise Dwelling Car accomm. Construction Shed Position on block Shape Number on block Roof Condition Interior Size Number Bathroom Position Size Kitchen Quality Position Appliances Quality Meals area Ceiling height Size Number bedroomsbedroom Master Other BIR/WIR Size Ensuite BIRs Number Access OutdoorLiving area area Size Size Position Position Size Levels Entry Floor Position Condition Size Storage Laundry Position Floor plan Page 14 of 19 National Property Buyers Pty Ltd ABN 42 429 453 633 Linfox House, Level 4, 493 St Kilda Rd Melbourne Victoria 3004Phone: 1300 500 555 Email: enquiries@nationalpropertybuyers.com.au www.nationalpropertybuyers.com.au
  • 15. PRICE ANALYSIS Comparable SalesDate April 2011 Date April 2011Agent Buxton Agent Hocking StuartPrice $740,000 Price $765,000Address 60 Patterson Rd Address 27 Atkinson St Bentleigh BentleighBeds 3 Baths 1 Land 690 Beds 3 Baths 1 Land 710Floor plan Floor plan Page 15 of 19 National Property Buyers Pty Ltd ABN 42 429 453 633 Linfox House, Level 4, 493 St Kilda Rd Melbourne Victoria 3004 Phone: 1300 500 555 Email: enquiries@nationalpropertybuyers.com.au www.nationalpropertybuyers.com.au
  • 16. Comparable SalesDate March 2011 Date March 2011Agent Buxton Agent BuxtonPrice $733,000 Price $735,000Address 12 Dickens St Address 25 Daley St Bentleigh BentleighBeds 3 Baths 1 Land 610 Beds 2 Baths 1 Land 761Floor plan Floor plan Page 16 of 19 National Property Buyers Pty Ltd ABN 42 429 453 633 Linfox House, Level 4, 493 St Kilda Rd Melbourne Victoria 3004 Phone: 1300 500 555 Email: enquiries@nationalpropertybuyers.com.au www.nationalpropertybuyers.com.au
  • 17. Comparable SalesDate March 2011 Date March 2011Agent Woodards Agent WoodardsPrice $760,000 Price $790,000Address 10 Auckland St Address 77 Mortimore St Bentleigh BentleighBeds 3 Baths 1 Land 597 Beds 3 Baths 1 Land 685Floor plan Floor plan Page 17 of 19 National Property Buyers Pty Ltd ABN 42 429 453 633 Linfox House, Level 4, 493 St Kilda Rd Melbourne Victoria 3004 Phone: 1300 500 555 Email: enquiries@nationalpropertybuyers.com.au www.nationalpropertybuyers.com.au
  • 18. Location of Comparable Sales 60 Patterson Rd Bentleigh 27 Atkinson St Bentleigh 12 Dickens St Bentleigh 25 Daley St Bentleigh 10 Auckland St Bentleigh 77 Mortimore St Bentleigh Additional CommentsThis is a very good property and meets the requirements you have indicated. It is in very goodcondition for its age and has potential for improvement and extension later on if you desire.Independent building and pest inspections have also confirmed the property is structurallysound.The best comparable sales above are:27 Atkinson St Bentleigh - $765,00010 Auckland St Bentleigh - $760,00077 Mortimore St Bentleigh - $790,000These properties have similar size land, house and are in similar positions.Anything under $760,000 would be great buying for 71 Fromer St however I expect it to get toat least $760,000 and with a bit of competition could get up to around $785,000. Page 18 of 19 National Property Buyers Pty Ltd ABN 42 429 453 633 Linfox House, Level 4, 493 St Kilda Rd Melbourne Victoria 3004 Phone: 1300 500 555 Email: enquiries@nationalpropertybuyers.com.au www.nationalpropertybuyers.com.au
  • 19. ESTIMATED BUY RANGE $760,000 to $785,000 Note: Vendor expectations or competition from other buyers who have placed a higher value on this property may take the purchase price outside our range.We have scrutinized all of the information in relation to the Area, Position, Land and Buildingsections, the relevant comparable sales data, current market conditions and discussions with theselling agent, we have provided you with a range which we believe will be required in order tosecure the property.Please note that while the estimated buy range we have provided is our professional andeducated opinion, the price the vendor asks for their property does not have to correspond to it.They are allowed to ask for whatever price they like.In addition, other purchasers may be prepared to pay considerably more than what we believe tobe the fair and reasonable value of the property. For example, a developer or someone buying aneighbouring property. Some people may be prepared to pay a lot more than most others wouldconsider reasonable.We give you our opinions and recommendations which has been verified with research. Ouropinions do not contain any emotional attachment to the property and also take into accountwhat you have told us to be your requirements.However you still be making the final decision in relation to the price you pay and youwill carry the risk that is associated with that decision.We may have already discussed a number of things but we will need to work out the following:Do you want to have a building and/or pest inspection completed?Do you have 10% readily accessible for the deposit?What settlement terms do you want and what terms does vendor want?What is your ceiling price for this property - at what level are you willing to walk away?Once you have had a chance to digest all of the information above, let’s discuss the next steps. Page 19 of 19 National Property Buyers Pty Ltd ABN 42 429 453 633 Linfox House, Level 4, 493 St Kilda Rd Melbourne Victoria 3004 Phone: 1300 500 555 Email: enquiries@nationalpropertybuyers.com.au www.nationalpropertybuyers.com.au

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