Today's conundrum: Strong results and a reduced Bidderman. The million dollar plus market of the last two weeks is different from the last three months and maybe trying to tell us something. A heap of homes bought pre auction around $3million, particularly in Boroondara. 33% of the auctions we attended today had no bidders – that’s one in three – no bidders. Next week should confirm any market change or dispel our comments of easing as greatly exaggerated. A big test

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Mal James
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Today’s conundrum: Strong results and a reduced Bidderman. The million dollar plus market of the last two weeks is different from the last three months and maybe trying to tell us something. A heap of homes bought pre auction around $3million, particularly in Boroondara. 33% of the auctions we attended today had no bidders – that’s one in three – no bidders. Next week should confirm any market change or dispel our comments of easing as greatly exaggerated. A big test – 7 sleeps to go.

BY Mal James 20th March 2010

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Tags: bidderman

Big Issue - April 2012

Local Market Wraps

Not only do we report on the state of the Melbourne Real Estate market, we are also government licensed Buyer Advocates. We only work for buyers, so think of us as the opposite of selling agents.
Find out more about who we are and what we do.

Melbourne Real Estate Market

Where you need to be & what we buy.
We outline in detail where we find the best places are to buy in Melbourne.
Find out Melbourne's best locations.

BUYER TESTIMONIAL

Thanks for your help in the negotiations and keeping the price at a level we believe is appropriate for our circumstances. Thank you for the lovely bouquet of flowers that awaited me this evening - they were a very pleasant 'welcome home'. We have 2 parents/parents-in-law who are extremely excited about the purchase and upcoming relocation, so much so that they made 2 tr...

Kathy Braddon
brighton

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With Easter 2012 over, many of you will be suffering withdrawals not just from chocolate but also from information about the property market – a...

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