End of Financial Year Report – 325 Collins Street, Melbourne. Report for 2008 – 2009

 

Common-Buyer-Profiles10Common Buyer Profiles

First-Home-Owners-Grant5First Home Owners Information

Foreign-Investment-Review-Board6Foreign Investment Review Board

Stamp-Duty-Calculator5Stamp Duty Calculator

Whats-my-property-worth5What’s my property worth?

INTRODUCTION

Demographics: An exclusive boutique block, 325 Collins St has a good mix of owner occupied and investors.   The property is especially well suited for dual occupiers wishing to use the unit as a second home, it is also of interest to people looking to live and work from the city. The building is much loved by all its occupants with many of its tenants later purchasing in the building.

Agent Comment:

325 Collins Streeet Forecast for the 09-10 Financial Year: Whilst early stagnation in 2009 caused by the GFC saw a reduction in clearance rates we envisage that continuing first home owner interest and buying power will keep the market buoyant in Melbourne.

With interest rates tipped to continue to rise, we could experience a leveling of the general market in 2010 particularly in the pre $500,000 range. Investors have started to make a comeback in 2010 with first home owners lose their puff and buying power”

Sales Statistics

Future Reports:

Financial Report 2011 Financial Report 2012
BUILDING DETAILS & PARTICULARS

Building Facilities:

Ducted heating and air-condition, Prim Position and   Security entrance
Building Name: The Mark

Year Built:

Owners Corporation:

Victorian Body Corporate

Building Manager:

No. In Block:

83 Apartments
Council: City of Melbourne
Zoning: Capital City Zone Schedule  http://tinyurl.com/23clumr
REPORTED SALES – Financial Year 2008-2009 BED BATH Price Date
901/325 Collins Street 2 1 540,000 02/2009
1022/325 Collins Street 2 2 750,000 05/2009
703/325 Collins Street 2 2 540,000 06/2009
203/325 Collins Street 2 2 475,000 12/2009
REPORTED RENTALS – Financial Year 2008-2009 BED BATH Rent (pw) Date
??/325 Collins Street 2 1 520 12/2009
1206/325 Collins Street 2 2 800 12/2009
??/325 Collins Street 1 1 500 12/2009
??/325 Collins Street 2 1 450 12/2009
1007/325 Collins Street 2 2 400 12/2009
??/325 Collins Street 1 1 400 10/2009
1202D/325 Collins Street 1 1 380 09/2009
??/325 Collins Street 2 2 590 09/2009
808/325 Collins Street 1 1 360 09/2009
??/325 Collins Street 2 2 570 08/2009
??/325 Collins Street 4 2 900 05/2009
??/325 Collins Street 2 2 500 03/2009
??/325 Collins Street 2 2 490 09/2009
1101/325 Collins Street 2 2 750 02/2009
??/325 Collins Street 2 2 500 01/2009

*Fully Furnished

Contact

 

Bob Budd – Harcourts City ResidentialPh: 03 9664 8100Mob: 0411 456 770E: bob.budd@harcourts.com.au

Web: www.cityresidential.harcourts.com.au

 

MHC_0598_Facebook

 

 

**Harcourts City Residential has gathered this information to provide an interesting read for apartment owners and prospective purchasers. Harcourts City Residential may not have concluded any or all of the transactions noted; rather we’ve gathered as much market information as possible on ALL transactions to be as conclusive as possible.

Information contained herein is gathered from a range of sources including but not limited to; The Age Property Results, The Herald Sun Property Results, Valuer General Information & Agents own investigations. All efforts are made to verify the accuracy of the information provided. The information is not to be relied upon or used in dealings with third parties and people should make their own investigations regarding their own property or personal circumstances. Opinions offered are just that, our opinions & observations and should not be treated as advice or fact. If your property is exclusively listed with another agent please disregard this communication.

Leave a Reply