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Our 2011 Annual Awards (and there is a big surprise), plus the 2011 Year in Review as we saw it; Price Wormie and its about Falling Prices; 5 of the Best Auctions we saw in 2011 and our Legends Insights on what happened in 2011. All this in our Bumper Final 2011 Edition.

Our 2011 Annual Awards (and there is a big surprise), plus the 2011 Year in Review as we saw it; Price Wormie and its about Falling Prices; 5 of the Best Auctions we saw in 2011 and our Legends Insights on what happened in 2011. All this in our Bumper Final 2011 Edition.

BY Mal James 2nd December 2011

Today was not as bad as some may have thought – it remained stable at around 50/50. But the market still clearly remains a split one – strong demand on a few and light or no demand on the rest. We feel the current market is best described as a discerning buyers market.

Today was not as bad as some may have thought – it remained stable at around 50/50. But the market still clearly remains a split one – strong demand on a few and light or no demand on the rest. We feel the current market is best described as a discerning buyers market.

BY Jen Milligan 26th November 2011

Increasing stock levels are dampening sellers’ mood but bringing a smile to many would-be buyers. The pre-Christmas question is: will these buyers recognise this as an opportunity to act, or a reason to delay?

Increasing stock levels are dampening sellers’ mood but bringing a smile to many would-be buyers. The pre-Christmas question is: will these buyers recognise this as an opportunity to act, or a reason to delay?

BY Jen Milligan 19th November 2011

This weekend saw some homes with a lot of bidders and some without any. The stats are stark: 5 of the 26 auctions we reported on had a combined 27 bidders – i.e. over 5 bidders each. The other 21 auctions had a combined 14 bidders – less than 1 bidder per auction.

This weekend saw some homes with a lot of bidders and some without any. The stats are stark: 5 of the 26 auctions we reported on had a combined 27 bidders – i.e. over 5 bidders each. The other 21 auctions had a combined 14 bidders – less than 1 bidder per auction.

BY Jen Milligan 12th November 2011

The market mightn’t appear great on paper but quality well-priced Top End properties are still selling well. Those that aren’t, are so far away from a sale it’s not funny. Big price drops are happening for those that price incorrectly and are then finding they have to sell a few weeks later.

The market mightn’t appear great on paper but quality well-priced Top End properties are still selling well. Those that aren’t, are so far away from a sale it’s not funny. Big price drops are happening for those that price incorrectly and are then finding they have to sell a few weeks later.

BY Jen Milligan 5th November 2011

Read our $3million plus section on The Mexican Wave for $5M+ Tennis Courts. Super Saturday Scoreboard and auction results below. Gone to the races today – back next week!

Read our $3million plus section on The Mexican Wave for $5M+ Tennis Courts. Super Saturday Scoreboard and auction results below. Gone to the races today – back next week!

BY Jen Milligan 29th October 2011

This weekend was a precursor for next weekend’s Super Saturday – the big Spring test. Guess what! A-grade and market-priced properties sold on multiple bidding, while overpriced and B grade homes struggled.

This weekend was a precursor for next weekend’s Super Saturday – the big Spring test. Guess what! A-grade and market-priced properties sold on multiple bidding, while overpriced and B grade homes struggled.

BY Jen Milligan 15th October 2011

Stock levels are very low as we go into a school holiday and footy break. The $3m+ Market has considerable strength; but the rest of the market is weak. Well priced A-graders continue to perform better than the headlines in all price ranges. Bayside appears weaker than Inner East.

Stock levels are very low as we go into a school holiday and footy break. The $3m+ Market has considerable strength; but the rest of the market is weak. Well priced A-graders continue to perform better than the headlines in all price ranges. Bayside appears weaker than Inner East.

BY Jen Milligan 24th September 2011

Take away the really good Top End properties that are spiking and it continues to be very much a low stock, “nothing” market.

Take away the really good Top End properties that are spiking and it continues to be very much a low stock, “nothing” market.

BY Jen Milligan 17th September 2011

Part of the Top End market is price spiking and severe quality stock shortage is the cause. However it’s very much a two faced market with A Grade prices hotting up and B Grade prices cooling down. For buyers the big September 2011 questions are: How much will I offer? How strong (if any) will my competition be? Is my target home an A or B grader?

Part of the Top End market is price spiking and severe quality stock shortage is the cause. However it’s very much a two faced market with A Grade prices hotting up and B Grade prices cooling down. For buyers the big September 2011 questions are: How much will I offer? How strong (if any) will my competition be? Is my target home an A or B grader?

BY Jen Milligan 10th September 2011

Prices are still easing as the market struggles in the $1 million to $2.5 million range. But over $3 million there is a shortage of new attractive stock and the few good ones on offer are, for the moment, attracting strong competition.

Prices are still easing as the market struggles in the $1 million to $2.5 million range. But over $3 million there is a shortage of new attractive stock and the few good ones on offer are, for the moment, attracting strong competition.

BY Jen Milligan 3rd September 2011

There’s a heartbeat in the $3m+ market – and off-market sales are back. This Week’s Takings: 11 Homes : $55 Million : 22 bidders : WOW!

There’s a heartbeat in the $3m+ market – and off-market sales are back. This Week’s Takings: 11 Homes : $55 Million : 22 bidders : WOW!

BY Jen Milligan 27th August 2011

We are in a tightening, low stock $M+ home market; yet bidder numbers are dropping and prices are falling (with the exception of the exceptional). The market has been affected by events of the last few weeks. Whether this is a longer term trend and/or a logical market response we are not commenting on – all we are saying is the market is noticeably different from a month ago and transacting, for some buyers and sellers has become an even greater struggle.

We are in a tightening, low stock $M+ home market; yet bidder numbers are dropping and prices are falling (with the exception of the exceptional). The market has been affected by events of the last few weeks. Whether this is a longer term trend and/or a logical market response we are not commenting on – all we are saying is the market is noticeably different from a month ago and transacting, for some buyers and sellers has become an even greater struggle.

BY Jen Milligan 20th August 2011

Today the market at the lower end ($1M to $2M) was noticeably more sluggish; while the Top End ($3M+) had some good offerings and showed the first sign of a heartbeat in months. Bidder numbers are noticeably lower than a fortnight ago even on better stock offerings. Generally prices now appear to be falling at a faster pace than before. However in this contracted, limited quality market; correctly priced “A-graders” are continuing to sell well at strong prices.

Today the market at the lower end ($1M to $2M) was noticeably more sluggish; while the Top End ($3M+) had some good offerings and showed the first sign of a heartbeat in months. Bidder numbers are noticeably lower than a fortnight ago even on better stock offerings. Generally prices now appear to be falling at a faster pace than before. However in this contracted, limited quality market; correctly priced “A-graders” are continuing to sell well at strong prices.

BY Mal James 13th August 2011

Ok – there was some blood on the floor today – but it wasn’t quite a massacre!

Ok – there was some blood on the floor today – but it wasn’t quite a massacre!

BY Mal James 6th August 2011

Overall buyer weakness is not the explanation for current market inaction. Good homes are getting plenty of buyer demand. But there aren’t many of those. Quality sellers have yet to emerge from hibernation in any great numbers.

Overall buyer weakness is not the explanation for current market inaction. Good homes are getting plenty of buyer demand. But there aren’t many of those. Quality sellers have yet to emerge from hibernation in any great numbers.

BY Jen Milligan 30th July 2011

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BUYER TESTIMONIAL
Thank you for your consistent service, thorough research and honest advice over the last 15 months. Dear Mal, Kristen, Adam and Gina, Thank you for your consistent service, thorough research and honest advice over the last 15 months. We are thrilled with our new home, happy with the price we paid and, thanks to your team, the whole process of ...

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