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Stonnington Weekly

Stonnington Weekly
Right now just as a stretching buyer has to ask the question: Am I buying a price or am I buying the property, so all sellers are now being asked that perplexing question by the market: are you selling a property or are you selling a price? Big difference in strategies! BUT, and it’s a big [...]
Stonnington Weekly

Stonnington Weekly

Stonnington Snapshot The lead up to Super Saturday was frenetic. And the day produced good clearance rates with many, many underbidders left unsatisfied.  Talk of the wash up ensued. In the two weeks since then, numbers at Opens have remained strong. With high demand proving consistent over this year, how are bidders going to secure the [...]
Stonnington Weekly

Stonnington Weekly

What’ s so super about Super Saturday? Is it the anticipation, the anxiety or the drama on the day? Melbourne is the auction capital of the Australia and perhaps the world – Why? Because as a people we love the theatre and we love to exaggerate for the dramatic effect – or is that just me? In [...]
Stonnington Weekly

Stonnington Weekly

Stonnington Snapshot ‘Bought before auction’ are three words that continue to be heard in this current market. 50 Lansell Road, Toorak (Michael Gibson and Sarah Case, Kay & Burton) was bought last weekend, a couple of weeks prior to the deadline for the Expressions of Interest campaign. This seems to be an increasing trend in this [...]
Stonnington Weekly

Stonnington Weekly

Stonnington Snapshot Stonnington saw a healthy 67% clearance rate on a smallish number of auctions – just 12 – this weekend. In the weeks prior to the September school holidays, Malvern, Toorak and Armadale all recorded $3 million plus transactions at auction, private sales and at sold befores. The school holidays, rather than being a quiet [...]
Stonnington Weekly

Stonnington Weekly

Stonnington Snapshot There was good bidder depth at many Stonnington auctions in the weeks leading up to the election. We witnessed 28 bidders across 14 properties over the last couple of weekends of our Market News. That’s an average of two bidders per auction, which shows that buyers are certainly about, and is a sign of [...]
Stonnington Weekly

Stonnington Weekly

Stonnington Snapshot There were reasonable numbers of potential buyers through the Thursday open for inspections this week. I t seems that families that have been thinking about buying are now preparing to invest in a home. Some agents have noted however that buyers are picking and choosing a bit, perhaps waiting in the hope that [...]
Stonnington Weekly

Stonnington Weekly

Stonnington Snapshot This week there was a buzz in Stonnington, with agents declaring they have strong stock levels and convinced that other agents have plenty coming on too. At the Top End there were reports of off-market sales and pre-auction sales. And we inspected a few very good off-markets from an unusually bigger selection. There [...]
Stonnington Weekly

Stonnington Weekly

Stonnington Snapshot This week our enquiry has predominantly been in the up to mid $1 million range – and what a competitive segment this is, in all parts of Stonnington! We bought a single-fronter in Malvern East at a Boardroom auction on Wednesday (with three active bidders) that had been scheduled for auction on Saturday (Daniel [...]
Stonnington Weekly

Stonnington Weekly

While the weather took a turn for the worse this week, agents’ attitudes went the other way, going positive, with talk of plenty of recent listings and more off-markets. I have even noticed a bit of a spring in their steps lately. Importantly, we’ve seen a variety of properties in all price brackets listed recently, giving [...]
Stonnington Weekly

Stonnington Weekly

Of the seven auctions we covered this weekend, only two sold under the hammer. Yet three of the remaining five had multiple bidders. Stonnington Snapshot This week we noticed a lull in our precinct, with only 15 auctions on Saturday, all of which were  a bit average in quality. And some of the few new listings during [...]
Stonnington Weekly

Stonnington Weekly

Note: Statistically, this weekend’s numbers are too small to give an accurate summary of the market. I’ve been looking forward all week to the return of the first auction Saturday after our winter break. I was curious to see whether the good-sized crowds that turned up in the cold and the rain to Open for Inspections [...]
Stonnington Weekly

Stonnington Weekly

There is movement in Stonnington. Today, 8 out of the 9 auctions we covered sold. The momentum has been building all year, although since Easter there has been an unexpected limited supply of quality property in the $1m plus sector. I say unexpected, because we had recorded consistently high bidderman and clearance rates during the [...]
Stonnington Weekly

Stonnington Weekly

The long weekend meant there wasn’t much time to prepare for auctions on Saturday. But the good numbers at Opens during the holiday weekend has resulted in talk of the continuing high buyer demand in Stonnington. Talking to Carla Fetta from Jellis Craig Bennison MacKinnon during the week, and she supported the sentiment that supply is [...]
Stonnington Weekly

Stonnington Weekly

Stock levels in Stonnington saw a much needed increase this week, with dozens of new listings coming in. Most were for auctions scheduled for later in June (after the Queen’s Birthday weekend) and before the Winter School holidays. There are currently 33 auctions scheduled for 15 June and 21 auctions scheduled for [...]
Gina's Latest Ratings
11/17 MARSHALL AVENUE
601
/1000
KEW
24 RUABON ROAD
636
/1000
TOORAK
25 WILLIAM STREET
622
/1000
BRIGHTON
72 MACGREGOR STREET
655
/1000
MALVERN EAST
49 NEW STREET
638
/1000
ARMADALE
29 WOODFULL STREET
672
/1000
PRAHRAN
18A ETHEL STREET
562
/1000
MALVERN
35 EWART STREET
733
/1000
MALVERN
27 DOUGLAS STREET
635
/1000
MALVERN EAST
49 BENT STREET
631
/1000
BENTLEIGH
729 MALVERN ROAD
622
/1000
TOORAK
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