A period treasure on one of Melbourne’s most sought after streets

Written by realestateview.com.au in Buying on April 5, 2019

There is little wonder why when a property becomes available on Melbourne’s St Georges Road it garners more attention than the AFL Grand Final parade. It and surrounding streets are a sought after location due to the nature of period homes that are available in Elsternwick, one of Melbourne’s oldest suburbs.

60 St Georges Road is no exception. Built in 1915, it is a well-maintained representation of the turnover from Edwardian to Federation style homes in Melbourne’s bay area.

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The four-bedroom, three bath home has its master bedroom on the ground floor, complete with a spacious ensuite and walk-in-robe. On the same level is the first of the home’s two living areas, a dining room, kitchen and meal area as well as main bathroom. Upstairs, the two additional bedrooms turn this into a perfect family home, while the second living room gives everyone some breathing space.

Director of Woodards Elsternwick Juanita Kelly says the key features of the home include the tessellated front veranda and fret work and the stained glass windows and fireplaces.

“This is a very prestigious home on a great street, with a low maintenance block close to Caulfield Grammar,” she added. “It is full of potential.”

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The home features timber flooring, a traditional arched hallway and double-doors linking the ground floor dining and living rooms, revealing just how important entertaining was a century ago as it is today.

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The stained glass leadlight windows in the main living room feature typically Edwardian floral motifs, often in deep ruby set against bright greens, and are framed by an arched entablature to house and invite the outside in, which was one of the defining aspects of an architectural period in which design broke away from British constraints to begin to identify more strongly as Australian. The outside life was encapsulated throughout this period of design, which we see throughout this home in various stained glass motifs.

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The main bathroom’s ornate freestanding cast iron bath, delicate tiling designs and elegant stained glass windows breathe life into the geometric monochrome palette, which makes a cool change from the timber and soft carpet seen throughout the rest of the home.

Yet there are opportunities for this property to enjoy fresh cosmetic renovations or even more sophisticated redesigns for those looking to inject immediate value in the home. The back garden is currently low maintenance but presents opportunities for a complete landscape redesign. Sitting on 462.7sqm, the property is sizeable for the area but well manageable for a modern family.

There are a number of factors that position this property well on the market. Its size is ideal for a growing family looking for more space in which to flourish. The historical integrity of the home’s character has been maintained for its entire lifespan, seen clearly in the ornate details throughout, but this not at the expense of the home’s livability. Those who want to move in immediately can do so without sacrificing on lifestyle. This mix of its well-maintained condition and opportunities to renovate or rejuvenate aspects of the home mean that buyers will be attracted by the potential for a deal in an otherwise slowing market. Finally, the home’s location in Elsternwick, only a few streets parallel to the grandeur and beauty of Rippon Lea Estate, the nearby calm of Elwood beach as well as some of Melbourne’s best schooling options means this home is likely to garner significant attention from prospective buyers.

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“So far the interest in the home is quite strong – it is a great family-sized property in Elsternwick’s best street. Interestingly, when we were erecting the auction sign someone stopped and asked about inspecting the property right there, and the moment it went live on the web we had someone on the phone who was really keen,” Juanita Kelly said.

Set to go to auction on April 28, there is ample time for prospective buyers to inspect and do their due diligence on the sort of home that rarely pops on to the market. With both market conditions and the nature of the property’s position as both a home and an investment set so favourably for buyers, expect some stiff competition once you do raise your paddle.

See more of 60 St Georges Road here as well as to see key demographic and data, and to get in contact with the agent.