BY Mal James 18th May 2013
At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 75% on the 36 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 1.6 – which is down somewhat on this year’s average.
In terms of bidder demand at auctions, the breakdown was:
Ducks (no bidder auctions) – 31%
Lone [...]
BY Jen Milligan 18th May 2013
BY Mal James 12th May 2013
Week Ending May 11th Some Follow Ups
Bayside
17 Seymour Grove, Brighton on 1055sqm has sold for $3,400,000 after passing in at auction with a vendor bid of $3 million prior to Easter (Campbell Cooney, Hodges Real Estate)
5 Leslie Grove, Brighton, on 3374 sqm of land, has sold for circa $8 million (Nick Johnstone, [...]
BY Mal James 11th May 2013
At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 69% on the 42 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 2.
In terms of bidder demand at auctions, the breakdown was:
Ducks (no bidder auctions) – 27%
Lone Rangers (1 bidder auctions) – 11%
Norms (2-3 bidder auctions) – [...]
BY Mal James 4th May 2013
At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 67% on the 36 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 1.8.
In terms of bidder demand at auctions, the breakdown was:
Ducks (no bidder auctions) – 31%
Lone Rangers (1 bidder auctions) – 6%
Norms (2-3 bidder auctions) – [...]
BY Jen Milligan 4th May 2013
BY Mal James 27th April 2013
At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 66% on the 32 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 2.2.
In terms of bidder demand at auctions, the breakdown was:
Ducks (no bidder auctions) – 20%
Lone Rangers (1 bidder auctions) – 20%
Norms (2-3 bidder auctions) [...]
BY Jen Milligan 20th April 2013
BY Mal James 20th April 2013
At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 63% on the 30 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 1.9.
Market Summary
Welcome back after the Easter break.
Wow! What a finish we saw to the market pre Easter – it was strong in numbers on all [...]
BY Mal James 23rd March 2013
At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 70% on the 37 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 2.3.
Bidderman is really the best measurement of demand going round and it seems to be steady this year, having risen significantly from last year. It [...]
BY Jen Milligan 23rd March 2013
BY Mal James 16th March 2013
At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 56% on the 34 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 1.8.
Both these stats were down on last week and ducks (no bidder auctions) were up. But given the early REIV Clearance rate was still [...]
BY Gina Kantzas 2nd March 2013
Last weekend was the first test of the market and Stonnington passed with almost an “A” grade (in the old school standards), with a healthy 78% clearance rate. This weekend we went even better with a strong 85% clearance rate overall.
Of the 8 auctions we covered, 2 were bought before, 2 had no bidders and [...]
BY Mal James 2nd March 2013
At 6.00 pm the James Clearance Rate for Melbournes $M+ was 65% and The Weekly Review Bidderman, our bidders per auction measurement, was a solid 2.2.
Last weekend we reported a strong start for our first Super Saturday, with Bidderman a very healthy 2.2 bidders per auction on big numbers of stock on offer with almost everywhere [...]
BY Gina Kantzas 23rd February 2013
Stonnington Snapshot
This weekend has been the first real test of the market this year, with a solid number of $1 million plus homes bought to auction in Stonnington. But it’s been more about auction numbers rather than quality of choice. We’ve been seeing mostly low level quality stock and lower priced stock, and the good [...]
BY Mal James 23rd February 2013
At 6.00 pm the James Clearance Rate was 66% and Bidderman, our bidders per auction measurement, was 2.2.
Well, here we are knee-deep in the thick of it. This was a borderline Super Saturday, as is early next week, meaning we have around 150 scheduled Million Dollar plus auctions in Inner East and Bayside.
We say borderline [...]
BY Mal James 16th February 2013
Hey, isn’t it good to be back in amongst it in 2013! So far the anecdotal evidence is indicating the market is starting with a bit of a bang. Enquiry is up, the number of buyers through most opens is up, agents’ mood is up (compared to this time last year) and some of the [...]
BY Mal James 24th November 2012
At 6pm on Saturday, the James Clearance Rate for $M+ was 75% on the 28 auctions we attended. The Weekly Review Bidderman, our demand indicator, was 2 bidders per auction.
Both those stats indicate that the bounce was back in the market this week, after last week’s more subdued market.
$M+ Clearance Rates:
Boroondara – 88% on [...]
BY Gina Kantzas 17th November 2012
This week seemed fairly quiet across the board in terms of crowd numbers at Opens and at auctions. Agents were not too enthusiastic about new listings for December and those that I spoke with, were talking up vendors wanting to wait until February to list their properties for sale.
Today the clearance rate for Stonnington was [...]
BY Gina Kantzas 17th November 2012
This week Bayside performed admirably with a 68% clearance rate and 1.5 bidderman – figures similar to the overall $M market. 5 out of the 8 auctions we reported on sold today. There are fewer auctions next week but steady increases in auction numbers for the early weeks of December.
A land value sale of note [...]
