So what’s the good news

Last week was very heavy in the market, next week is also big.

So this week is a “Marketnews lite” with Gina, Mal, Sim and Randall, out and about assessing some homes and asking one question of the agents:

11climbersAug1

So what’s the good news?

Here are their answers.

RoundtheGrounds

Bayside

SimonC

Simon Carruthers – Cayzers
Middle Park, 80 Nimmo

“People are still coming through opens – it’s a matter of us agents putting the deals together.”

54StAndrews

Andrew Campbell – Marshall White
Brighton, 54 St Andrews

“There’s opportunity right now if you’re upsizing or downsizing. I have more off-market than on-market as vendors don’t want it public. We won’t know when the market will settle, until after the July holidays.”

TonP2

Tony Hocking – Pride
Elwood, 102 Addison

“The world keeps rolling on. Good properties still sell in a tight market, as people always want to buy good properties.”

GeoffC

Geoff Cayzer – Cayzers
Albert Park, 10 Philipson

“Prices are still outrageous – no negatives here, just no stock. “

InnerEast

MarkJosem

Mark Josem – Jellis Craig
Camberwell, 19 Kintore

“There is still good energy when the buyers see value.”

Nicole

Nicole French – Marshall White
Hawthorn East, 11 Leura

“It’s a great time to upsize.”

Duane

Duane Wolowiec – Marshall White
Surrey Hills, 36 Ross

“The quality properties that are presented well, marketed correctly and priced sensibly by the owners, are still selling well. “

Danielle

Danielle Balloch – Jellis Craig
Kew, 68 Fitzwilliam

“It’s a good time to buy because if you’ve got interest in a property, the chances are you are not going to have competition and you just negotiate. If you buy and sell in the same market then it’s good news.”

Gibbo

Andrew Gibbons – Marshall White
Kew, 25 Kent

“The sun makes us all happy. Hey, life is good – all the homes look better in sunshine and the moods improves.”

SamWilk

Sam Wilkinson – Kay and Burton
Camberwell, 10 Victoria

“4 out of our last 5 have been off market sales with realistic sellers, as they as have adjusted to meet the market.”

Geoff Hall

Geoff Hall and Isabella Lu – Kay and Burton
Canterbury, 1 Flinders

“There’s good buying opportunity right now. The market is not going to stay down like this for too long because the fundamentals are strong – low interest rates, good population growth and confidence in the economy. It’s the lull before the market picks up next year.”

Stonnington

MikeGibson

Michael Gibson – Kay and Burton
Off Market

“Clearance rates reflect a 24 hour period. If they had 100 auctions over a 7 day period instead of one day, then the clearance rates would be significantly higher.”

Jr345

James Redfern – Marshall White
Glen Iris, 26 Maitland

“When the market starts to get a little bit flat there are opportunities for everybody, sellers and buyers. People can trade up and people can get into the market.”

Hhardy

Hugh Hardy – Abercrombys
Armadale, 10 Munro

“Prices have steadied and there is an opportunity to get back into the market.”

JoannaN

Joanna Nairn – Marshall White
Toorak, 1 Selwyn

“Suns out, life goes on, perfect days.”

WillBennison

Will Bennison – Jellis Craig
Armadale, 21 Hume

“It’s a good time to be buying as there’s less competition. Good houses in good locations always sell well.”

BillXian

Bill Xian – Abercrombys
Toorak, 13 Bruce

“Still doing deals with Chinese people.”

JohnM

John Manton – Marshall White
Malvern, 18 Plant

“Good properties in good locations are going very well – we just need more of them and then we can give more sellers a decision to make.”

Off market we buy

During the week in Toorak, James Buyer Advocates purchased on behalf of clients another Off-market.

Under $4m – 4 bedrooms and freestanding.

Well done to Gina and her clients and the agents we bought off, Mark Wridgway and Justine Harris of .

Call Gina

Subscribe to our Market News Newsletter


Tags: , ,

Be with James

Would you like to talk to us about finding or negotiating on your next home?
We buy 100 homes for our clients every year.
We buy Inner East and Bayside over $2m.
View more MasterClass Articles

Inside James Market News