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The Elements, Sniffs and Senses are there – but the buyers Mmmmm.

The Elements, Sniffs and Senses are there – but the buyers Mmmmm.
The BIG question for the next two months before the July winter hiatus is………Price. Will seller expectations match buyer expectations? At auctions the answer appears to be a yes, but away from auctions (off markets) we are not so sure. In our opinion, most market inaction away from auctions is due to sellers. There is no doubt there are [...]
EOI’s, Private Sales and Off Markets

EOI’s, Private Sales and Off Markets

1. More and more work is behind closed doors at this level. At James we buy more away from auction than under the hammer. 2. Where you start determines where you finish. So many buyers are framed or frame themselves at the wrong number. There is nothing transparent about a private sale, an EOI or an Off Market. [...]
Since we last spoke before Winter – little has changed in the $3m+ market

Since we last spoke before Winter – little has changed in the $3m+ market

$3m+ is James Buyer Advocates bread and butter. We find the $3m+ market is normally a lot looser than the $1m+ market; meaning results vary more widely. This occurs for two key reasons: 1. Sellers have more flex on whether they will sell or not and often demand big prices and just wait – sometimes they [...]
The Market Begins the Big May Run – Hold On!

The Market Begins the Big May Run – Hold On!

Inner Melbourne Values $3M Round Up (Start of May and Some Around Easter Sales of Interest) As we kick into May and look back on April you can see the TOP END is still very healthy – sure some are not selling and some are being withdrawn but its not only Saturday Auctions that are getting [...]
The Volume at the Top End is Mindboggling – On and Off Market

The Volume at the Top End is Mindboggling – On and Off Market

$3 million-plus market is now driving markets at the lower levels: The Higher the Asking Price the more Bidders. Our overall Inner Melbourne market is being driven by Overseas Interest (of course not on every home) – we all know that. But what is of further interest is the flow on effect to the lower parts [...]
The Top of the Top End has begun with a Volcano Vapour Trail

The Top of the Top End has begun with a Volcano Vapour Trail

Welcome to 2015 $3m plus buyers. Wow what a start. The Top of the Top End has begun with a Volcano Vapour Trail – there is no other way to describe it. Check out the auction results below if you think we are exaggerating. 4 bidders in Middle Park over $5m, 3 bidders at $7m in [...]
The Top End of Town – November 2014

The Top End of Town – November 2014

Week Ending November 22 The Very Top End of Town in 2014 Strong, very strong. In fact ultra strong finish to the year and so much is happening behind the scenes – off market. To date this year we have bought more off markets than in any other year EVER. In the last month we have purchased 13 [...]
October Top End Market

October Top End Market

Week Ending Saturday, October 25 James Buyer Advocates are busy: Number of auction homes involved in buying this week was well into double figures. Our mid week activity securing homes BEFORE AUCTION for clients was intense. At the time of writing we had bought before in Toorak (Michael Armstrong), Mont Albert North (Mark Read) and Glen Iris (Paul [...]
Is the Top End easing a smidgen?

Is the Top End easing a smidgen?

Week Ending Saturday, September 13: Market Summary The Market is splitting as it normally does when adjusting to the Spring Influx of properties. This week the market has sent buyers and sellers two very clear messages. If you’ve got a well priced, ready to move in home with some WOW in the $1m to $5m  range, then you have [...]
Is the Top End easing a smidgen?

Is the Top End easing a smidgen?

  Week Ending Saturday, August 30 There has been an underlying strength since October 2012, but right now it looks like it has gone up a notch again, as evidenced by Bidderman and Clearance Rates today. Over the last year or so we have talked about the staircase market in the Inner Melbourne Auction Scene; meaning for [...]
Auctions quieten down over winter – it will now be about off-markets and private sales

Auctions quieten down over winter – it will now be about off-markets and private sales

Week Ending Saturday, June 21 As we head into the winter break, it’s worth reflecting on how the market has performed so far this year. What we saw this weekend was a continuation of an extraordinarily up and down year.  We’ve had a slew of Super Saturdays, weekends when it looked like the market had gone [...]
May ends on another Super Saturday

May ends on another Super Saturday

Week Ending, Saturday, May 31 A String of Super Saturdays In the last 18 months or so, there has been continuous growth in the market, with steady demand and supply levels. Today was the second Super Saturday in seven days, with 176 auctions above the $1 million mark, after last weeks 145 or so.  That comes after a [...]
Record Midweek Bayside – Wow!

Record Midweek Bayside – Wow!

Record Midweek Bayside – Wow! If ever you were not that sure about the A-grade home market, just attend a WOW auction with a great agent (Kate Strickland). In Bayside last week (Thursday) new records were set for the suburb at 41 Binnie Street, Brighton East (it was a great home and we were unfortunately the under-bidder – [...]
Chinese Buyers continue to Underpin the Top End of the Market

Chinese Buyers continue to Underpin the Top End of the Market

Saturday, March 29: Market Summary 2014 is still motoring very strongly – the lull which we reported of the last few weeks seems to have been nothing more than the next tread (flatter spot) in the rising price staircase which begun in October 2012 and continues now. This weekend was another Super Saturday with over 150 Auctions in [...]
Some strong results away from auction

Some strong results away from auction

Week Ending Saturday, November 30 Biggest Auctions: Port Melbourne, 25 Beach Street, Oliver Bruce (Marshall White), after auction, $5,175,000, 4 bidders Over 80 people poured into the kitchen/living area of 25 Beach street, Port Melbourne today to see Oliver Bruce put the home to auction…(See More in Auction Reports) South Yarra, 17-19 Alexandra Avenue, Tim Derham (Abercromby’s), after auction, [...]
Dowload the Young Home Buyers' Guide Mal's Latest Ratings
19 FORDHOLM ROAD
821
/1000
HAWTHORN
23 WIDFORD STREET
696
/1000
HAWTHORN EAST
1 BROOKS STREET
712
/1000
RICHMOND
18 RETREAT ROAD
694
/1000
HAMPTON
78 NIMMO STREET
763
/1000
MIDDLE PARK
48 BARKLY AVENUE
615
/1000
ARMADALE
5 ALLEYNE AVENUE
716
/1000
ARMADALE
34 UVADALE GROVE
681
/1000
KEW
15 GRATTAN STREET
710
/1000
HAWTHORN
5 NELSON STREET
727
/1000
SANDRINGHAM
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