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 [...]
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 [...]
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 [...]
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 [...]
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 – [...]
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 [...]
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 [...]
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 [...]
BY Mal James 12th July 2008
A stunning Brighton property sold last week after being on the market for approximately 6 months. The home was for sale with two local agents one of whom, I am led to believe, is closely related to the vendor. The local agents were fired and the imposing property was [...]
BY Adam Woledge 12th July 2008
7 Peter Street, South Yarra
This property had genuine WOW – designed, built and occupied by an architect. The homes of architects (in which they design) are interesting. Views are considered, natural light is captured and spaces appear larger than what they really are. Quality of [...]
BY Mal James 12th July 2008
10 Murchison Street St Kilda East. I rated the home at 598/1000. About 30 people attended the auction on Sunday afternoon in a leafy St Kilda East location. The renovated Californian bungalow, sitting proudly on the street, attracted four bidders (multiple bidders a bit of a rarity [...]
BY Mal James 28th June 2008
With 596 private sales during the week, agents are still ‘mopping-up’ and this is a good sign for the market. The topsy turvy clearance rate (up from last weekend from 62% to 65% for 477 auctions this weekend). It’s school holidays currently and this has a softening [...]
BY Adam Woledge 28th June 2008
Another cautious weekend for buyers – fringe suburbs with houses requiring work or having dominant negatives are finding the going tough, while good houses with little work required and ticking all (or many of) the boxes are selling.
27 Binnie Street Brighton East.
A functional, pretty Californian bungalow [...]
BY Mal James 28th June 2008
16 Moss Street Prahran.
Position AAA+++ in Melbourne real estate and a most fascinating auction. Marshall White’s John Manton began the campaign quoting $1.6m and auctioneer John Bongiorno opened the bidding with a vendor bid of $1.7m.
Spirited bidding by two parties was strong with $50,000 bids, down [...]
BY Mal James 21st June 2008
A quiet Off Market week.
One property we visited, rated and we believe was sold before auction was 9 Maleela Avenue, Balwyn. Peter Smith of Jellis Craig was the agent and achieved a very good result. We rated this property 909 out of 1000. The price was undisclosed.
Overall Off Market [...]
BY Mal James 21st June 2008
I was excited last week with the increase in the clearance rate of 67%. This weekend I was brought back to earth with a clearance rate of 62% from 545 auctions. The cooling of the clearance rate is purely an anomaly, matching the cold, wet and grey weekend.
Apart from [...]