BY GINA KANTZAS 1st March 2014
A mixed bag of results today. Of the 10 auctions we reported today, 5 passed in and 2 were bought before. It certainly didn’t feel like last week’s Super Saturday.
Currently, there is not much on offer for family homes in Stonnington between $1m – $2.5m, unlike other councils where buyers are comparing their options. [...]
BY GINA KANTZAS 22nd February 2014
Some big results at our first auction weekend in Stonnington last week – big in terms of numbers of bidders and how they bid.
At 14 Balmerino, Ave Toorak (James Tomlinson, Marshall White) there were 5 bidders with the buyer having been an underbidder last year.
Speaking with James this week and he suggested that at [...]
BY GINA KANTZAS 15th February 2014
As I reflected on the week that was whilst preparing for gameday (Saturday bid auctions) , I recognised that there is nothing new in terms of listings on the web. However talk continued about off-market properties and, perhaps more importantly for most buyers, of prospective new listings.
After speaking with buyers again this week, it seems [...]
BY GINA KANTZAS 8th February 2014
After working until Christmas Eve, I took almost 4 weeks off during the school holiday period (the longest holiday I’ve enjoyed in years although I’m not sure how joyful my kids were having me around so much) only to return to a “busy” feeling market. You know that type of busy when results [...]
BY GINA KANTZAS 30th November 2013
The feeling is that the end of the year is pretty much here, with only two weekends of auctions left after this one – 40 auctions next week and 22 the week after.
The list of remaining auctions for this year is mixed and many are for land sales or major renovations. This is not [...]
BY GINA KANTZAS 23rd November 2013
Final property listings for 2013 campaigns hit the internet this week and the first of those opens were today. Agents will soon be readying for final sales as the last significant auction weekend looms on December 14. Of course stock will have peaked by then, with November 30 shaping up as a Super Saturday [...]
BY GINA KANTZAS 16th November 2013
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 [...]
BY GINA KANTZAS 9th November 2013
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 [...]
BY GINA KANTZAS 26th October 2013
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?
BY GINA KANTZAS 19th October 2013
‘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 [...]
BY GINA KANTZAS 12th October 2013
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 [...]
BY GINA KANTZAS 14th September 2013
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 [...]
BY GINA KANTZAS 31st August 2013
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 [...]
BY GINA KANTZAS 24th August 2013
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.
BY GINA KANTZAS 17th August 2013
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 [...]