HOMESCORE REPORT

138 Finch Street, Malvern East, Vic 3145

Scored 69% across 83 checks

Scored 69% across 83 checks: HomeScore for 138 Finch Street, Malvern East
138 Finch Street, Malvern East

Unit

78 sqm

3

3

1

0

East

No

$1,000,000 - $1,100,000

Auction

In Summary

Not for the faint of heart, and challenging to get right. I look at a lot of projects and 138 Finch tests me. You have three major challenges to solve, and challenges two and three depend on challenge one: the company share title. On a company share title, technically, you are not allowed to do anything to anything inside or outside without approval from the directors. I say technically, because in reality it is usually much easier to manage than it seems on paper. Challenge two is the layout, and it is somewhat of a non-challenge because you would almost certainly want to leave it as is. Challenge three is keeping Wattletree Road out of your living room. All doable. All potentially worth it, especially if you don't have mid to high $1s and want to be in the area. Just be sure of the scope of work required.

Where does this property fall short?

The full report rates this property on 83 individual points. You'll see exactly where it's strong and where it falls short. Free. Download it straight away, and we'll send a copy to your inbox.
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POSITION RISK

Position risk: 72%

You're on the corner of Finch and Wattletree. Not perfect, but then again, we're looking at a three bedroom place for around a million dollars that oozes with upside potential.

Dwelling & Land Use

Dwelling & land use: 69%

This is where it gets tricky: there is no land. The unit is one of three in the block, has its own street frontage and nice aspects into common land greenery. The tricky part is that right now it is a company share title, which brings challenges and upside, and the upside could be huge if the challenges are considered and tackled. Convincing two other owners to increase their property value by 10 to 20% for relatively little investment doesn't sound undoable to me.

Energy Efficiency & Natural Light

Energy efficiency & natural light: 52%

Nothing to see here. You need the lot, and you need to start with the windows and efficient heating. See how it feels in summer and whether you need cooling.

20 Minute Transit Radius

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Floor Plan

Floor plan of 138 Finch Street, Malvern East

Now see all 83 checks.

The full report rates this property on 83 individual points. You'll see exactly where it's strong and where it falls short. Free. Download it straight away, and we'll send a copy to your inbox.
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The full report: all 83 checks

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