4 Stonehaven Court Toorak – James Buyer Advocates
1,610sqm, North Light — But Complex Maths at 4 Stonehaven Court
An unusual offering: 16 individually owned, one-bedroom apartments on approx. 1,610sqm in a quiet Toorak cul-de-sac with north orientation. The land is the wow; the shape is irregular; the ownership is fragmented. The core question isn’t “nice or not?” — it’s best use.
PPP in one pass. Price: the “refurbish and resell” path looks thin — one-bed stock, basic spec, separate car spots and 16 sellers makes the arithmetic tight. Property: as-is, this reads like a project, not a turn-key hold; the rating lands around 600 (C-grade) on our sheet — issues include relying on 16 refurb outcomes we can’t control. Position: court setting is calm, but nearby flats and the irregular block complicate a premium single-home play; 3–4 townhouse concept could fit, but that’s permits, costs, and time.
Learning: big land doesn’t automatically equal big win. Shape, neighbours and execution risk can erase the headline. If you’re considering this, go in as a project (not a cosmetic flip), model multiple exits, and price the risk, not the brochure.
👉 Want the full James Home Rating and scenario ranges for 4 Stonehaven Court? Call Mal James – 0408 107 988 or email mal@james.net.au.
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James Home Ratings is a 25 year old, patented, 1500 buy/sells plus 1,000-point scoring system based on the 3 critical drivers of long-term property value:
Three Pillar Value Drivers
- POSITION — “Where money is attracted to”
Street appeal, precinct, orientation, land size, walkability, school zones - PROPERTY — “Where money is spent”
Flow, floorplan, architecture, renovation quality, future potential - PRICE — “What the market rewards”
Relative value vs price paid, cycle timing, agent positioning
Why It Works – Patterns
Because real estate, at its core, is about human behaviour—and history repeats itself.
Each home is scored independently and consistently, based on how it aligns with long-term demand and supply fundamentals for it’s specific area property type—that way you can compare a block of land with an apartment in different areas with different budgets..
A, B, C-Grade – Know the Difference
- A-Grade: Always in demand. Rare, proven, and resilient through market shifts.
- B-Grade: Good, but situational. Can work well when bought or sold smartly.
- C-Grade: Riskier. More emotion-driven, often overhyped, and harder to recover value.
What Others Do | What We Do |
Gut feel and emotion | Science and structure |
Agent spin and hype | Independent, consistent scoring |
Short-term trends | Long-term fundamentals |
Comparing apples to oranges | Same property type, different budgets, objectively assessed |
What the Scores Mean
- 500 – Maybe ok but it has serious issues to consider
- 600 – Average: Typical for many Inner Melbourne homes
- 700 – Above Average: Strong fundamentals, few weaknesses
- 800+ – Exceptional: A-Grade, no obvious dealbreakers, rare and highly sought-after
Know the difference, know your grade before you pay the price buying or selling.