oc | Tuesday 23rd April
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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 .

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