Wednesday, May 23rd 2012
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Opportunities Lets Do The Maths
BY Mal James 6th December 2008
The market is what it is and, in 2008 and 2009, opportunities are there for buyers. They are also there for sellers if they are also buying.
If you are trading up or trading like for like, then the million-dollar market presents, in its current form, many opportunities.
Lets Do the Maths – Part One
2007 [...]
Lets Talk Technique
BY Mal James 29th November 2008
Please note the 20% to 40%+ drop in the market comments are not hardy ha ha – this is reality. Yours truly has also been a reluctant non-seller. So, please, the market speaks to most of us in the same manner.
But while we respect sellers and their agents – we act for buyers.
The [...]
Short Term Cheap vs Long Term Gain
BY Mal James 29th November 2008
This article may sound like an advertisement for engaging a buyer advocate or for using the James Q Rating system.
It probably is.
During the week, we gave three talks to various business groups and those present who had not fallen asleep universally asked us the same two questions: what’s happening in the market [...]
3 day cooling off law is being abused
BY Mal James 22nd November 2008
In our business as buyer agents, we often get edgy comments left on our mobile, emailed to us and, for those that are slightly braver (usually through their agent), said to our face. The unpleasant ones are always from sellers and they go something like this: “Mal, what are you doing, [...]
Recognising Opportunities and Making Quality Decisions
BY Mal James 16th November 2008
Sunday morning sees the million dollar-plus clearance rate hovering around 1 in 3 or 33%. With two big November weeks of auctions coming up, at this level we should see even more homes being unsold and on the market in December and through the Christmas break.
If you are serious about buying homes, [...]
Downsizing in Brighton – 15 Lindsay Street
BY Adam Woledge 15th November 2008
Even in this tough market, properties are still selling – even (although not that many) ones that need renovation, if the land content (ie size and position) is good.
This property sold under the hammer on the weekend for a strong price within the quoted range.
Positives
Location, a leafy street with many pretty houses [...]
It is all about Price, Property and Position
BY Adam Woledge 25th October 2008
Today, Saturday the 25th, was the second-hardest auction day of the year, whether you were a buyer or seller. The last Saturday in November will be the toughest, as higher stock levels will be coupled with large amounts of unsold homes left over from the early 2008 and earlier Spring campaigns [...]
So, you’re buying your first apartment…
BY Mal James 4th October 2008
Firstly you must realize that buying an apartment is not the same as buying a house. After going through all your options regarding lifestyle, location, investment options and finally deciding that you want to buy an apartment then it’s time to start going through all the issues that you [...]
18 Peppin Street Camberwell
BY Adam Woledge 6th September 2008
While in good order and well located, this property was passed in at auction in front of a good crowd.
With some simple internal alterations, this cute house can easily overcome a few of it’s simple shortcomings.
Rating before 674 – rating after 810.
Negatives –
• Lacks a bathroom;
• Small open plan living area
• Kitchen does not receive [...]
Note to self: Just get into the market!
BY Mal James 19th July 2008
The average clearance rate of 63% over the weekend is being held-up by apartment sales. Across metropolitan Melbourne this week, the apartment clearance rate was 76% compared to houses at 58%.
What is this telling us?
Astute buyers are seeing great buying opportunities in the market place. These buyers may [...]
Auctions attended this week.
BY Adam Woledge 19th July 2008
9 Loller Street, Brighton.
Great Brighton location and north facing rear, this property offered a multitude of options (redevelop, bulldoze or renovate) and if the vendor was prepared to sell, this was always going to. I rated this property 620/1000. Every now and again you come across [...]
Very Classy Residence…
BY Mal James 19th July 2008
31 Clowes Street, South Yarra.
This is one of the better inner city residences I have been to. Luxuriously appointed kitchen and bathrooms and very nice living spaces. The home was completely refurbished in 2007 by Nicholas Day and absolutely oozes class. We rated this property 638/1000.
Positives [...]
9 Barnsbury Balwyn, 1 Salisbury Canterbury and 160 The Avenue Parkville
BY Mal James 19th July 2008
Three really grand offerings on the market. If you had around $10 million which would you buy? In other words how do they compare?
We rated this property 771/1000 this one 756/1000 and this one 408/1000
First and foremost buying any property well is about going through a process.
Clarifying Your Needs
Find – [...]
Note to self: Buy an original home and reap the rewards!
BY Mal James 12th July 2008
Weekend one of the school holidays and as expected a very slow auction weekend at the top end of town. Across the board, the lowest number of auctions for this year was on offer with 395 and a good clearance rate of 66%.
It is also important to look at [...]
The NQR (not quite right) Renovation.
BY Mal James 12th July 2008
Great Canterbury location;
Single storey Edwardian Home in great condition;
North facing rear;
Generous allotment;
An experienced agent;
A price tag which is not completely ridiculous.
All of the above suggests a winner. This house should walk out the door, right?
Well 19 Selwyn Street, Canterbury failed at auction recently and remains [...]
Auctions attended this week.
BY Mal James 12th July 2008
9 St Columbs Street, Hawthorn
A great crowd of about 150 people watched auctioneer Scott Patterson from Jellis Craig sell this well located home. Positives are the land size (approx 764sqm), great front and back gardens and the period features. The negatives are the positions of the bathroom and [...]
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.
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
It was Pauline's first conversation with Gina on Monday night that helped convince us that buying so quickly was actually possible Hi Gina and Mal,
We just wanted to drop you a note to thank you for helping us to buy yesterday. We couldn't have managed it without you and we were very impressed with your research, support and of course, work at the auction itself.
The week...
Pauline Lee James Harris
warrandyte
Pauline Lee James Harris
warrandyte
Buyer Masterclass
EARLY WINTER DEMANDS A CHANGE OF TACK...
BY Mal James
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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