Boroondara – Weekly | Archives


The frenzy has eased but the numbers are still strong. Nine from ten bought on what we witnessed today.

The frenzy has eased but the numbers are still strong. Nine from ten bought on what we witnessed today.

Boroondara was solid again and although Bidderman is not at the stellar 3 of a month or so ago – at 2.3 bidders per auction in Boroondara – it is still strong. There was only one sale around the $3m mark this week; so its hard to say the TOP END market is better than [...]
Boroondara – marching time on an expectedly quiet weekend

Boroondara – marching time on an expectedly quiet weekend

As expected with only a  handful of $1,000,000  plus  auctions this weekend due to the Anzac Day holiday the market was fairly quiet. Of the six auctions we attended today Bidderman was just under 2 with 1 bought before, 1 passing in and 4 bought on the day. 32 Through Rd Camberwell (Walter Dodich, Marshall White)  - 1 bidder – $1,320,000 sold after 18 [...]
Boroondara marches on!

Boroondara marches on!

After a week or two off for serious buyers and sellers, the market in Boroondara keeps on keeping on, with clearance rates for most agencies around the 85 per cent-plus mark. The weather in Melbourne was perfect today – perhaps the last breath of summer – and there were good people numbers at  auctions and at [...]
The March 27 Auction Test  – a Jellis Craig Record and the whole Boroondara Market passes with flying colours

The March 27 Auction Test – a Jellis Craig Record and the whole Boroondara Market passes with flying colours

A big day in Boroondara today – all the key agencies operating at capacity  – and the clearance rates were strong to match the big auction numbers. Bidderman was well over three for the seven auctions we attended and all of these auctions sold and sold strongly. James Tostevin (Marshall White) had a strong day – 7 [...]
Boroondara had a strong week. No market turn obvious today.

Boroondara had a strong week. No market turn obvious today.

Strong day in Boroondara today for good properties, with many homes selling under the hammer and selling strongly. However not all auction results have been reported.   Scheduled Reported Ashburton 1 1 Balwyn 8 6 Balwyn North 7 6 Camberwell 7 7 Canterbury 1 1 Glen Iris 4 4 Hawthorn 4 4 Hawthorn East 9 4 Kew 14 7 Kew East 3 3   58 43 Some of the auctions that we attended - 8 Moorhouse Street Camberwell (Heather Elder, Marshall White). Sold for $1,997,000 – 4 bidders 14 Lyndhurst Crescent Hawthorn (Peter Batrouney, [...]
Boroondara for sellers; perfect one weekend, tough the next! Nobody could say there is an immediate stock shortage with 150 (million dollar) auctions in the next fortnight.

Boroondara for sellers; perfect one weekend, tough the next! Nobody could say there is an immediate stock shortage with 150 (million dollar) auctions in the next fortnight.

Interesting day in Boroondara today, with a few properties flying out the door with 5 or more bidders and also a number passing in quietly without much crowd interest. Scott Patterson from Jellis Craig thought the market was patchy – yet probably understandable. Scott thought the company’s clearance rate probably dropped back to around 70% today. This was [...]
Bidderman Big in Boroondara

Bidderman Big in Boroondara

Although the sun was not really out, the bidders certainly were, with most properties over $1m selling in Boroondara today. Bidderman was strong at many auctions and there was no shortage of them. Talking to Richard Winneke from Jellis Craig this afternoon, the market, he believes, has gone up at least 10% since the end of [...]
Real market strength continues in Boroondara

Real market strength continues in Boroondara

Well the market in Boroondara picked up where it left off at the end of last year with most properties selling and selling well under the hammer. Why is this – put simply buyers (and there are great numbers of these, at least 100 people attending the three auctions I witnessed) far outweigh the properties on [...]
Hawthorn, Canterbury, Camberwell, Glen Iris, Kew, Hawthorn East

Hawthorn, Canterbury, Camberwell, Glen Iris, Kew, Hawthorn East

33 houses reported for sale today under $1.8m and only 2 passed in. Bidderman 1.6 Balwyn was interesting today with 9 reported auctions and 4 pass-ins but drill down on the stats a bit more and you see anything under $2m sold and everything over $2m passed in. Drill down again and those pass-ins were all double storey [...]
Hawthorn, Canterbury, Camberwell, Glen Iris, Kew and Hawthorn East

Hawthorn, Canterbury, Camberwell, Glen Iris, Kew and Hawthorn East

Boroondara is awash with property today and while still a strong day Alastair Craig put it best saying buyers were a little thinner on the ground at each auction than they have been over the last few weeks. Jellis Craig sold 33 out of 42 at auction and he felt that shows [...]
Hawthorn, Canterbury, Camberwell, Glen Iris, Kew and Hawthorn East

Hawthorn, Canterbury, Camberwell, Glen Iris, Kew and Hawthorn East

Where the market liked the property they went at it hard. Bidderman 3 Boroondara’s reported $m+ clearance rate on all suburbs except Glen Iris was 77% on 26 auctions. The highlights being the big 3 over 3 by Jellis Craig. Dean St Kew ($3.99m), Wattle Valley Rd Canterbury ($3.65m) and Stoke St Kew [...]
Hawthorn, Canterbury, Camberwell, Glen Iris, Kew and Hawthorn East

Hawthorn, Canterbury, Camberwell, Glen Iris, Kew and Hawthorn East

Boroondara performed strongly this week, with around 20 $m+ properties selling at auction. Another two $m+ properties sold before auction. Those were 5 Carronshore Close Balwyn (Marshall White) and 26 Dower St Camberwell (Bennison MacKinnon). I think the big suburb move in recent years has been Glen Iris – east of the freeway and west [...]
Hawthorn, Canterbury, Camberwell, Glen Iris, Kew and Hawthorn East

Hawthorn, Canterbury, Camberwell, Glen Iris, Kew and Hawthorn East

Boroondara had the most auction activity today, both in number of auctions and number of bidders. Also plenty of choice over the next three weeks with 48 and 61 million-dollar-plus auctions planned for the last weeks in November. The Celia Street Glen Iris story: One interesting result: same-sized blocks (642 sqm to 675 sqm), same sorts [...]
Huge Crowds – Big Results – Bidderman at 3.3

Huge Crowds – Big Results – Bidderman at 3.3

Bidderman at 3.3 that is 3.3 bidders per auction 43 – yes 43 over a $million and 10 passed in for a clearance rate of 77%. Rock Solid and rising market. Crowd numbers were huge and on the auctions below they were averaging over 100. In Bayside there are some 100 strong turn outs but 40 [...]
Not as many bidders as Stonnington but still strong.

Not as many bidders as Stonnington but still strong.

We looked at 27 campaigns over a million in Boroondara this week – 27 and of those 22 sold. When talking with James Connell of Marshall White he said of his company’s weekend results in Boroondara and Stonnington, 8 sold before hand; 20 sold at auction and 3 passed in. That [...]
Solid to Strong Weekend across Kew to Camberwell

Solid to Strong Weekend across Kew to Camberwell

19 Sales and Pass-Ins of interest over a million in Boroondara (not including Glen Iris) this week with 17 being sold. We were interested in land values in Kew, Balwyn and Ashburton and an old favourite finally sold in the Reid Estate. 50 Fellows St Kew – Peter and Trish Dixon of [...]
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Although I think we remained in denial for a lot of the pre-bid phase it can only be said that your advice on the ultimate selling price was always accurate. We thank you for your considered and accurate advice, from the very beginning you gave us an accurate range of the likely selling price, for the extensive research you provided in assessing the property and indeed the assistance and the process you e...

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Early Winter Demands a Change of Tack

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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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