{"id":2439,"date":"2016-02-21T09:52:16","date_gmt":"2016-02-20T22:52:16","guid":{"rendered":"http:\/\/www.catebakos.com.au\/?p=2439"},"modified":"2016-02-21T10:20:01","modified_gmt":"2016-02-20T23:20:01","slug":"where-in-melbourne-can-you-still-find-a-period-house-for-under-400000","status":"publish","type":"post","link":"https:\/\/www.catebakos.com.au\/staging\/where-in-melbourne-can-you-still-find-a-period-house-for-under-400000\/","title":{"rendered":"Where in Melbourne can you still find a period house for under $400,000?"},"content":{"rendered":"<p class=\"lead\">A new client approached us a week ago about assisting with the negotiating and auction bidding for a house she&#8217;d identified herself. The street was one I was very familiar with; Adelaide Street Albion.<\/p>\n<blockquote><p>She had chosen well.<\/p><\/blockquote>\n<p style=\"text-align: left;\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-2442 alignleft\" src=\"http:\/\/www.catebakos.com.au\/wp-content\/uploads\/2016\/02\/1_23-Adelaide-St-1.jpg\" alt=\"1_23 Adelaide St 1\" width=\"182\" height=\"136\" srcset=\"https:\/\/www.catebakos.com.au\/staging\/wp-content\/uploads\/2016\/02\/1_23-Adelaide-St-1.jpg 800w, https:\/\/www.catebakos.com.au\/staging\/wp-content\/uploads\/2016\/02\/1_23-Adelaide-St-1-300x225.jpg 300w, https:\/\/www.catebakos.com.au\/staging\/wp-content\/uploads\/2016\/02\/1_23-Adelaide-St-1-768x576.jpg 768w\" sizes=\"auto, (max-width: 182px) 100vw, 182px\" \/><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-2444 alignleft\" src=\"http:\/\/www.catebakos.com.au\/wp-content\/uploads\/2016\/02\/1_23-Adelaide-St-3.jpg\" alt=\"1_23 Adelaide St 3\" width=\"182\" height=\"137\" srcset=\"https:\/\/www.catebakos.com.au\/staging\/wp-content\/uploads\/2016\/02\/1_23-Adelaide-St-3.jpg 800w, https:\/\/www.catebakos.com.au\/staging\/wp-content\/uploads\/2016\/02\/1_23-Adelaide-St-3-300x225.jpg 300w, https:\/\/www.catebakos.com.au\/staging\/wp-content\/uploads\/2016\/02\/1_23-Adelaide-St-3-768x576.jpg 768w\" sizes=\"auto, (max-width: 182px) 100vw, 182px\" \/><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-2443 alignleft\" src=\"http:\/\/www.catebakos.com.au\/wp-content\/uploads\/2016\/02\/1_23-Adelaide-St-2.jpg\" alt=\"1_23 Adelaide St 2\" width=\"181\" height=\"136\" srcset=\"https:\/\/www.catebakos.com.au\/staging\/wp-content\/uploads\/2016\/02\/1_23-Adelaide-St-2.jpg 800w, https:\/\/www.catebakos.com.au\/staging\/wp-content\/uploads\/2016\/02\/1_23-Adelaide-St-2-300x225.jpg 300w, https:\/\/www.catebakos.com.au\/staging\/wp-content\/uploads\/2016\/02\/1_23-Adelaide-St-2-768x576.jpg 768w\" sizes=\"auto, (max-width: 181px) 100vw, 181px\" \/><br \/>\nClose to station, surrounded by plenty of period houses and near parkland.<\/p>\n<blockquote>\n<p style=\"text-align: left;\">I told her she&#8217;d selected like a Buyer&#8217;s Advocate.<\/p>\n<\/blockquote>\n<p>One glance at the online listing was enough to tell me that this property was potentially a $400,000 house. Although this seemed particularly affordable my Melbourne standards, our\u00a0client&#8217;s budget was quite sensitive and we needed to work out whether our budget had a chance with this acquisition. Further analysis hinted that indeed we did have a good chance because the house is a two bedroom cottage with a subdivided back yard.<\/p>\n<blockquote><p>The question was &#8211; how could we ensure a sub-$400K purchase?<\/p><\/blockquote>\n<p>We canvased the idea of a pre-auction offer with the agent and after careful negotiations, agreed on $385,000. Our client had identified a great property in an area with exciting growth prospects. We assisted and enabled them to secure a dream in Melbourne&#8217;s little suburb of Albion. Based on rapid gentrification thanks to price growth in the inner west pushing families further out, a significant rail upgrade project, an easy 8-rail-stations-commute to Southern Cross and easy access into the CBD, Albion can&#8217;t stay a secret for long. And in the same auction weekend which saw <a href=\"http:\/\/www.realestate.com.au\/property-house-vic-sunshine-121740650\">this<\/a> gorgeous family home in neighbouring Sunshine break a record with a sale price of $935,000, our buyer has every reason to feel excited about the future growth prospects of this gorgeous house.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A new client approached us a week ago about assisting with the negotiating and auction bidding for a house she&#8217;d identified herself. The street was one I was very familiar with; Adelaide Street Albion. She had chosen well. Close to station, surrounded by plenty of period houses and near parkland. I told her she&#8217;d selected&#8230;  <a href=\"https:\/\/www.catebakos.com.au\/staging\/where-in-melbourne-can-you-still-find-a-period-house-for-under-400000\/\" class=\"more-link\" title=\"Read Where in Melbourne can you still find a period house for under $400,000?\">Read more &raquo;<\/a><\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"ngg_post_thumbnail":0,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[10],"tags":[],"class_list":["post-2439","post","type-post","status-publish","format-standard","hentry","category-sundayblog"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.catebakos.com.au\/staging\/wp-json\/wp\/v2\/posts\/2439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.catebakos.com.au\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.catebakos.com.au\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.catebakos.com.au\/staging\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.catebakos.com.au\/staging\/wp-json\/wp\/v2\/comments?post=2439"}],"version-history":[{"count":4,"href":"https:\/\/www.catebakos.com.au\/staging\/wp-json\/wp\/v2\/posts\/2439\/revisions"}],"predecessor-version":[{"id":2447,"href":"https:\/\/www.catebakos.com.au\/staging\/wp-json\/wp\/v2\/posts\/2439\/revisions\/2447"}],"wp:attachment":[{"href":"https:\/\/www.catebakos.com.au\/staging\/wp-json\/wp\/v2\/media?parent=2439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.catebakos.com.au\/staging\/wp-json\/wp\/v2\/categories?post=2439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.catebakos.com.au\/staging\/wp-json\/wp\/v2\/tags?post=2439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}