End Of Financial Year Report – 31 Spring Street, Melbourne 2009 – 2010

Common-Buyer-Profiles10Common Buyer Profiles

First-Home-Owners-Grant5First Home Owners Information

Foreign-Investment-Review-Board6Foreign Investment Review Board

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

INTRODUCTIONContinued demand for the Paris end of town has ensured that ‘Philadelphia” has remained on peoples shopping list, there was a steady supply of units in the market this year, with an emphasis on the smaller and city facing units compared to last financial year.Owners on the blocks north side have expressed interest in the proposed development of 35 Spring St.Is this your new neighbour?


Agent Comment:James Says “Do Not Miss…”“The park on your doorstep, whether it’s a jog in the morning, a grassy picnic lunch or a stroll in the evening The Treasury gardens is a delightful place. Filled with newlyweds on a weekend getting their photos snapped it is one of many reasons this building is in demand”

Sales Statistics

Melbourne’ Apartment Sales Statistics .‘Philadelphia’ Sales Statistics

Previous Reports:

 Financial Report 2009 UPDATE!: Financial Report 2011 Now Available

Building Facilities:

Rooftop swimming pool with amazing city views, security entrance and under cover secure parking
Building Name: The Philadelphia

Year Built:

Converted from 12 storey Office block from 1998-2001

Owners Corporation:

71 Palmerston Crescent
P O Box 173

Phone  +61 3 9696 4811

Fax       +61 3 9696 4855

Email   info@bencorpocm.com.au

Building Manager:

Ph: 0433 195 709


No. In Block:

110 over 27 levels
Council: City of Melbourne
Zoning: Capital City Zone Schedule 2 http://tinyurl.com/23clumr
REPORTED SALES – Financial Year 2009-2010 BED BATH Offstreet Price Date
1307/31 Spring Street 1 1 0 425,000 06/2010
1204/31 Spring Street 1 1 0 380,000 05/2010
806/31 Spring Street 1 1 0 405,000 04/2010
1902/31 Spring Street 1 1 1 499,000 04/2010
1007/31 Spring Street 1 1 0 390,000 12/2009
702/31 Spring Street 1 1 1 700,000 09/2009
1107/31 Spring Street 1 1 0 365,000 09/2009
REPORTED RENTALS – Financial Year 2009-2010 BED BATH Offstreet Rent (pw) Date
2002/31 Spring Street 1 1 0 470 08/07/2010
31/31 Spring Street 2 1 0 595 27/04/2010
1003/31 Spring Street 2 2 1 680 18/11/2009

*Fully Furnished

James EdmundsonSales Agent – Harcourts City ResidentialPh: 03 9664 8100       Mob: 0411 456 770E: james.edmundson@harcourts.com.au Web: www.cityresidential.harcourts.com.au

**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.

One thought on “End Of Financial Year Report – 31 Spring Street, Melbourne 2009 – 2010

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