Tuesday, May 22nd 2012
Bayside – Weekly | Archives
A mixed day in Bayside. Black Rock and Beaumaris luke warm. Brighton mixed. Brighton East hot!
BY Mal James 1st May 2010
Six out of seven in Brighton East were bought at auction today but at expected levels, not ridiculous prices. The highlight for me being that after a flurry of $2m offerings in previous weeks; you can still find some reasonable $1m to $1.5m buying in Carrington, Grant, Griffin, Rogers, Plunket and Margaret Streets as evidenced [...]
Almost Sleepy Hollow Today (as expected)
BY James Buyer Advocates 24th April 2010
A quieter week in terms of numbers, given the Anzac long weekend, and results were as expected. Some sold strongly, some passed in, some sold after. The ‘golden triangle’ in Black Rock continued to sell, with Nick Johnstone of JP Dixon selling 16 Glenmore Crescent for $1,820,000 and a well run campaign by Jason Gill [...]
Over a $Million: 14 from 16 reported sold at auction today and another 21 bought since Easter!
BY James Buyer Advocates 17th April 2010
Strength was seen in quality properties today, however, there were still a few surprise pass-ins. Well-positioned land with homes of minimal value (some could argue no value) led the way. 4 Arkaringa, Black Rock, was auctioned by Campbell Cooney of Hodges and sold for almost $2,350 sqm (if there is no value in the house). [...]
No easing in Bayside – in fact quite the opposite!
BY James Buyer Advocates 27th March 2010
Bidderman was 2.5 of the 6 properties we covered in Bayside (and 3 across Melbourne for all the properties we covered over $1,000,000.) Clearance rates were high amongst most Bayside agents. Justin Follett of Kay & Burton advised 100% clearance rate today, whilst Mark Earle of Buxtons Sandringham advised they sold 6 of 8 and [...]
Strong results in Bayside – Highett leading the way with 3 over a million. Hello Highett!
BY James Buyer Advocates 20th March 2010
Another 24 sales over $1,000,000 in Bayside, moving the average for the month to 2.5 per day. It’s 6pm Saturday afternoon, and so far, our research shows 24 of 27 reported properties in Bayside have sold. 19 at auction, 3 before and 1 each by expression of interest and private sale.
Scheduled
Reported
Brighton
14
14
Brighton East
5
5
Hampton
1
1
Sandringham
2
2
Black Rock
2
1
Beaumaris
3
0
27
24
The current clearance [...]
Definitely quieter in Bayside today, but overall stock quality wasn’t as good as Feb 27th. Some prices a bit lower than expected.
BY James Buyer Advocates 13th March 2010
Auctions were quieter today in terms of bidder numbers. Of the four properties we attended in Brighton/Brighton East, all passed in. Of the 5 auctions in Bayside that we covered, there were only 9 bidders; with only one selling under the hammer. Does this mean that vendors have become excited by the hype surrounding the market [...]
The weather wasn’t hot, but the auctions certainly were
BY James Buyer Advocates 27th February 2010
To quote Rodney Morley of TBM real estate at the auction of 23 Loch Street today, “That’s 8 of you!” – and the bidders weren’t just there. They were everywhere! Loch Street, in St Kilda West, was buzzing with a crowd of more than 150 and bids came from everywhere.
Stuart Lopez of Kay & Burton [...]
Beaumaris down on stock, Brighton and Hampton started very strongly
BY James Buyer Advocates 20th February 2010
2010 has started strongly with 41 sales over $1M in the Bayside year to date. A 30% increase up on calendar year to date last year which was at 28 sales over $1M.
Let’s talk about Hampton. Four interesting auctions today – land first, Olive Street, out towards Hampton East sold for around $1.1M or $1500 [...]
Bayside – Beaumaris, Brighton to Port Melbourne and a bit more
BY James Buyer Advocates 5th December 2009
Just another quiet week (not) in Brighton with 13 reported sales over $1m.
Big increase in Bidderman at auction: 2.6
Some follow up to previous weekend’s passed in auctions – two sold privately during the week; the first at 49 William St, Brighton (Phillip Mellody Buxton), where they seemed to be thinking $3.5m, had a vendor bid of $2.95m last [...]
Beaumaris, Brighton to Port Melbourne – Along the Bay and in a bit
BY James Buyer Advocates 28th November 2009
John Holdsworth and Andrew Stuart of Hocking Stuart had the biggest auction with 34 Ferrars Place South Melbourne at $4.71million and the biggest pass-in at $7m+ at 121 Beaconsfield Parade Albert Park.
Wherever you went from Sandringham to Port Melbourne to Elwood to Bentleigh our advocates and reporters called in million dollar sales [...]
Beaumaris, Brighton to Port Melbourne – Along the Bay and in a bit
BY James Buyer Advocates 21st November 2009
Bidderman at 1.7 is still consderably lower than elsewhere in Million Dollar Melbourne.
Brighton and Brighton East reported 16 $m+ auctions with 5 passed in. In addition to the reports below was a strong result at 40 Black St with James Paynter of Buxton which sold under the hammer for $2,050,000. Small [...]
Beaumaris, Brighton to Port Melbourne – Along the Bay and in a bit
BY James Buyer Advocates 14th November 2009
Bayside had some strong results, although it was the quietest area for sales of $m+; so overall it was mixed. Good agents are recognising that results are mixed in inner and outer Bayside and this is proven with six sold before auction. Also of note were four apartment sales over $1 million in [...]
Beaumaris, Brighton to Port Melbourne – Along the Bay.
BY James Buyer Advocates 7th November 2009
Bayside was the leader this week in $m+ plus action: Some examples
6 Grosvenor St Brighton – down near the bay just off the Golden Mile sold for $2.8m or just shy of $3000 per sq metre if you place no value in the house. We think there is some value in the [...]
Bidderman Dips Below 1
BY James Buyer Advocates 24th October 2009
While Inner East flies Bayside still presents buying opportunities -
Three Facts about our Bayside – Beaumaris, Brighton to Port Melbourne
58% Clearance rate on 36 auctions yesterday – that’s low.
Less than one bidder auction today. That’s right Bidderman below one – that is a falling market if it continues.
Some of the nicest buyer agents [...]
There is a very solid $4m+ market redeveloping
BY James Buyer Advocates 17th October 2009
Lots of homes to report on. In not the best part of Brighton East – 20 Letchworth Avenue – which is down towards Moorabbin; saw a block of land sale by Andrew Urquhart of JP Dixon of just over a million or $1500+ per sq metre. While down that way Jacquie Maggs [...]
Brighton to Port Melbourne; Sandringham to Carnegie; Solid without being Startling.
BY James Buyer Advocates 10th October 2009
Overall Bayside looked pretty solid this week and the next two weeks will either confirm its strength or show some signs of minor distress as we have a lot of auctions coming up.
This week
15 Well St Brighton which was 1000 sq metres with permits for apartments right in the middle of the [...]
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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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