BY GUY ANGWIN 7th May 2011
Matthew Young, Buxton (St Kilda): “The weekend of the 21st and 28th of May are looking to be Super Saturdays.
BY GUY ANGWIN 16th April 2011
St Kilda, 367 Beaconsfield, a ripper property, finally sold with Andrew Macmillan for about half the initial very ambitious asking price after a long time on the market, with a number of different campaigns and agents.
Albert Park, 62 Barrett St (Peter Simmons) a three bedroom Victorian single fronted with parking, showed that if the quality is [...]
BY GUY ANGWIN 9th April 2011
Agent Q & A : How does current pricing compare with the same time last year?
Nick Yannopoulos, RT Edgar, Albert Park: “The intensity at auctions and buyer enquiry has certainly dropped over the last year particularly in the top end of the market. However outstanding homes in premier locations are still going strong as it [...]
BY GUY ANGWIN 2nd April 2011
Key Points:
There is not a lot of new stock on offer due to Grand Prix interruptions and now we have Easter approaching so lean times for new offerings.
Nothing approaching or over $2m reported as bought in the last week.
Damian O’Sullivan, Marshall White, Albert Park: “We feel the market is very balanced at the moment as [...]
BY GUY ANGWIN 26th March 2011
Agent Q & A: Has the market changed since before Labour Day weekend?
Kaine Lanyon, Marshall White, Albert Park: “We haven’t noticed or sensed any change in the market since prior to the Labour Day weekend. The overall market appears to be quite well balanced. That is, well and fairly priced property is transacting consistently, [...]
BY GUY ANGWIN 19th March 2011
Key Points:
Port Phillip the star performer today and especially solid in that early one million bracket
Bidder depth would be best described as shallow except for the Volcano (4+ bidder auction) at 76 Blessington St St Kilda with Greg Hocking – see report below
Agent Q & A:“What is your take on the Economist’s article that Australian [...]
BY GUY ANGWIN 5th March 2011
Key Points:
The overpriced are as cold as ice in Port Phillip right now. No bites, no action – as evidenced by the pass-ins of yesterday and the first two weeks of this market.
Overall the year has started better than anticipated but pass-in vendors will need to adjust if they want to attract buyers.
I went to [...]
BY GUY ANGWIN 26th February 2011
Agent Q & A:
“Do you feel there is currently a big difference in the results of sales of lower end ($1m) properties as opposed to those of higher end ($2m+) homes?
Yes or no, and why?”
David Lack, Biggin & Scott, Port Melbourne: “Properties in the $1m to1.5m range are being well inspected and eagerly contested, whilst properties [...]
BY GUY ANGWIN 19th February 2011
Key Points:
The two big ones over $3m didn’t get a bid – Mary St and Beaconsfield Pde, and the $2m Mary St only had one bidder
Off Market – Andrew Stuart gets a big one away in Kerferd Rd for $4,900,000
Agent Q & A: How have you found non-auction sales so far this year?
Matt Young, [...]
BY GUY ANGWIN 4th December 2010
Key Points:
A big day auction-wise in Port Phillip with more than 20 $m+ properties up for grabs.
We reported on seven – four of those were bought under the hammer and one shortly after auction.
The biggest sale was at 107 Richardson St, Albert Park (Oliver Bruce, BenMac) which sold under the hammer for $2,322,000, with 5 [...]
BY GUY ANGWIN 27th November 2010
Price Check: 384-386 Barkly St Elwood (Robert Marden of RT Edgar) 555 square metres of land at $3,400 per sqm. No price drop there since May where we had a flurry of $3,000 to $3,300 per sqm land sales. This was main road land and may have multi-development opportunities.
Agent Q & A: Matthew Young, [...]
BY GUY ANGWIN 20th November 2010
Key Points: Port Phillip Clearance rate of 25% on the 6 properties we monitored over $1-million dollars, with 2 of those results not reported. Of the 2 auctions that we attended, only 1 was bought under the hammer.
BY GUY ANGWIN 13th November 2010
Biggest Sale: Elwood, 18 Addison St, Kaine Lanyon (BenMac); Under the hammer, $1,540,000, 3 bidders
“After a slow build up, 18 Addison Street, Elwood had three bidders all keen to make this high rating property their next home. Auctioneer Kaine Lanyon worked hard to dodge the showers and keep the interest of the widely dispersed crowd all [...]
BY GUY ANGWIN 6th November 2010
Key Point
There were three bidders at both hammer auctions and none at the two pass ins.
Biggest Sale: Elwood 45 Dickens St: Jason Scillio (Kay & Burton) Under the Hammer, $3,535,000, 3 bidders
“A large crowd gathered in the front garden of this magnificent property to hear Jason Scillio provide a well prepared preamble prior to inviting [...]
BY ADAM WOLEDGE 23rd October 2010
Key Points:
None of the five auctions we attended sold under the hammer - one sold before
Last Sunday, 55 Blessington St Kilda, Graeme Wilson, a ripper home, sold at auction for just over $3,500,000
Biggest Pass In: St Kilda East, 7 Pilley St, Jeremy Fox, RT Edgar, $2,300,000, 1 bidder
“Auctioneer Jeremy Fox gave an honest and graceful [...]
BY KRISTEN HATT 16th October 2010
Key Points:
We covered nine auctions in Port Phillip – and unlike other weeks, all but two sold.
The biggest sale was 100 Victoria Ave, Albert Park (Andrew Stuart, Hocking Stuart) at $3,270,000. See report below.
Another block of flats auctioned for over $3,000,000 at 18 Spray St Elwood (Juanita Kelly of Woodards)
BidderBuzz Auction of the Day: Albert [...]
BY JAMES HOME RATINGS 9th October 2010
Key Points
284 Albert South Melbourne bought at auction for $2,170,000 Nick Yannopoulos of RT Edgar
Many homes on offer today failed to attract any interest
Two good $2m+ homes in Park St. St Kilda West failed to attract a bid
BidderBuzz auction of the day
229 Page St, Middle Park, Andrew Stuart, Hocking Stuart, Under the Hammer $1,620,000, 2 [...]
BY KRISTEN HATT 18th September 2010
Key Points:
Stock levels lower than last year.
A relatively quiet auction day in Port Phillip.
Ten homes were bought this week over a $million – with 3 in Port Melbourne, South Melbourne and Elwood
We covered three auctions, with only one selling under the hammer – 14 Ruskin St, Elwood (John Carter, Hocking Stuart), $1,200,000.
Crowds were down [...]
BY ADAM WOLEDGE 11th September 2010
Key Points:
A quiet day in Port Phillip in terms of auction numbers, however a majority of the properties we attended sold, with only one of the auctions we covered passing in (301 Richardson St, Middle Park, Oliver Bruce, BenMac, $1,600,000).
Big crowds out in force – two auctions with 100 people and one with 80 – [...]
BY ADAM WOLEDGE 4th September 2010
Key Points:
We focused on Albert Park today and there were reasonable bidder numbers across several auctions. However, Port Phillip has still started Spring very slowly.
Prices had been falling during Winter and the factors are there for that to continue; especially if any sort of Spring stock level surge is not met by a corresponding increase in bidder numbers – our [...]
