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.

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

  1. POSITION“Where money is attracted to”
    Street appeal, precinct, orientation, land size, walkability, school zones
  2. PROPERTY“Where money is spent”
    Flow, floorplan, architecture, renovation quality, future potential
  3. 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.