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Boroondara Weekly

Boroondara Weekly

Lesser quality on offer today and more pass-ins. But properties are selling if the vendor wants to sell. All four of the Boroondara auctions I attended today were supported well by crowd numbers, but bidders were few and far between. Did the recent financial news of Greece have an impact, or was it merely the quality [...]
A return to form with 3 sales over $4m under the hammer – Clearance 64%

A return to form with 3 sales over $4m under the hammer – Clearance 64%

A solid day on the Boroondara auction streets today, with 4 sales over $4m under the hammer and an overall clearance rate of 64% for the Million Dollar plus market. Of the eight auctions we featured, 7 sold. Crowds were very good at most auctions at open for inspections – thankfully the rain stayed away but there [...]
Hot in Broadway – the rest quieter at 54%

Hot in Broadway – the rest quieter at 54%

Patchy and quiet in Boroondara today, with a clearance rate for Million Dollar plus at 54%. One exception was 35 Broadway Camberwell. Campaign agent Steve Burke (Jellis Craig)  had a great property here and he knew it from the start, but just because a property is good doesn’t necessarily mean that it will generate strong interest [...]
Good properties well supported in Boroondara

Good properties well supported in Boroondara

Of the 9 auctions we attended, there were 22 bidders in all – putting Boroondara Bidderman at a healthy 2.4. Well-priced properties are selling – and the clearance rate was 55%. One interesting auction was for 29 Mayston Street Hawthorn East (Greg Toogood Jellis Craig / James Tostevin Marshall White). I visited the property a week [...]
Many of the sales were right at the lower end of a million and the pass-ins were mostly higher end – 62% on 50+ Auctions

Many of the sales were right at the lower end of a million and the pass-ins were mostly higher end – 62% on 50+ Auctions

James Private Client Briefings contain far greater and more client-specific detail than what you see  below and are available for full service James Search and Negotiate clients throughout Melbourne. Contact  us: For a  private, confidential and no obligation discussion on what is really happening  in your street, precinct and suburb from a buyer’s perspective, contact Architect  [...]
Big numbers on offer so 66% is pretty solid

Big numbers on offer so 66% is pretty solid

While there was a chill in the air yesterday, the action was warm at many auctions, with solid bidding. A 66% clearance rate for $1m plus is above the REIV reported average of 61%. Of the 10 auctions we attended, there were 22 bidders in all – putting Boroondara Bidderman at a healthy 2.2. Hawthorn /Hawthorn East [...]
Boroondara Weekly

Boroondara Weekly

The Boroondara market yesterday was patchy. On the surface of things, our statistics (eg clearance rate, Bidderman) had fallen off previous good form of recent weeks, yet the overall offering were average and we were returning back from the Labour Day weekend. It certainly is a an interesting time of the year, isn’t it? The [...]
Bidder Numbers up on Solid Stock Numbers

Bidder Numbers up on Solid Stock Numbers

Tricky day in the rain yesterday, but the wet weather certainly didn’t damper auction crowd numbers and bidding. Of the twelve auction we reviewed ten sold, given an overall clearance rate of 83% and the overall Boroondara $1m-plus monitored market sat at 76%. Boroondara Bidderman sat at 2.2 yesterday (up again from last week) and there [...]
70% clearance rate on solid auction numbers – strong and steady

70% clearance rate on solid auction numbers – strong and steady

Well, the Boroondara auctioneers and campaign agents certainly earned their keep yesterday in the hot and blustery conditions that are fairly typical of late summer Melbourne weather. Of the 10 auctions we reviewed, 6 sold and, overall, the $1m clearance rate was around the 70% mark, which is reasonable one would say, given the weight [...]
Actually that’s pretty impressive – 83% clearance

Actually that’s pretty impressive – 83% clearance

The auction market in Boroondara today was a bit like taking your first steps into the ocean – measured and tentative. While the clearance rate turned out to be quite impressive with the auctions we visited – 83% is strong in any language – the bidders were few and far between. In total 7 bidders [...]
Finishing the year out of puff!

Finishing the year out of puff!

Patchy results yesterday, with most auctions either passing in or had limited bidding. It certainly seems to be a testing time for selling agents and, for buyers, there seem to be many options. Of the eight auctions we attended, five sold on the day yesterday.  I did note that a few properties that have been [...]
Under weight of stock numbers Boroondara continues to ease – 43%

Under weight of stock numbers Boroondara continues to ease – 43%

James Private Client Briefings contain far greater and more client-specific detail than what you see below and are available for full service James Search and Negotiate clients throughout Melbourne. Contact us: For a private, confidential and no obligation discussion on what is really happening in your street, precinct and suburb from a buyer’s perspective, contact Architect [...]
Boroondara Weekly

Boroondara Weekly

A quieter (and wetter!) day in the Boroondara $1m+ auction streets today. Pass-ins (and waiting around) seemed to be the order of the day, and one needed to have an umbrella handy. Solid results were - 19 Florence Avenue, Kew (Diana Healy, Jellis Craig)  – selling over $3.6m. This was a quality new home in good location [...]
A bit better than last week but not as good as it was – 53%

A bit better than last week but not as good as it was – 53%

A great day weather–wise and, if you were a vendor selling yesterday in Boroondara, chances are you would enjoy your Sunday morning coffee just a little bit more. Of the 10 auctions we monitored, seven sold yesterday, one sold before and two passed in. These properties were not located on main roads and overall the [...]
Is Boroondara Moving off Solid Ground onto a Roller Coaster? – 44%

Is Boroondara Moving off Solid Ground onto a Roller Coaster? – 44%

Not too much to report on the weekend’s results: it was quiet. This is expected, as the weekend after Melbourne Cup is never ideal for an auction campaign. Yes the clearance rate was down a little this weekend, but in the next few weeks we should get a better handle on things. I attended three [...]
Boroondara Weekly

Boroondara Weekly

James Private Client Briefings contain far greater and more client-specific detail than what you see below and are available for full service James Search and Negotiate clients throughout Melbourne. Contact us: For a private, confidential and no obligation discussion on what is really happening in your street, precinct and suburb from a buyer’s perspective, contact Architect [...]
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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
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Buyer Masterclass
Early Winter Demands a Change of Tack

EARLY WINTER DEMANDS A CHANGE OF TACK...

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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