Market News » Demand


This is beginning to feel like boom conditions but it’s early days and it may just be another short spike. After all this is Berocca February.

This is beginning to feel like boom conditions but it’s early days and it may just be another short spike. After all this is Berocca February.
At 6.00 pm on Saturday, the James Clearance Rate for Melbourne’s $M+ property was 76% on the 29 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement was at 2.8. It was hot out there today as predicted – 80% of auctions we covered today had 2 or more bidders. Welcome to the first game of the season – the pre-season [...]
The world returns to normal on a Saturday – it’s Auction Time!

The world returns to normal on a Saturday – it’s Auction Time!

At 6.00 pm on Saturday, on our first auction day of the year for Inner East and Bayside we have been to thirteen auctions – all had bidders and all sold. Bidderman was 3. No emphasis on stats today as there were very few $M+ auctions and this was a small sample. Inner Melbourne’s big auction games [...]
Inner & Northern Weekly

Inner & Northern Weekly

Warehouses by Adam Gardner While the numbers of new public listings is starting to slow down somewhat in the Inner Melbourne areas as Christmas approaches, there are still a number of properties that should garner some interest when they go under the hammer. In fact, the number of warehouse conversions on the market is significant at [...]
Apartments

Apartments

This week, we have focused on townhouses, as most buyers consider both simultaneously  – at least at the beginning of their search. Making a decision to move to an apartment or a townhouse? Are you asking the right questions? By John Hazen After living in a house on a suburban block for most of their lives [...]
2014 is going out with a bang!

2014 is going out with a bang!

At 6.00 pm on Saturday, on a day where there were around 150 $1m+ scheduled auctions across Inner East and Bayside, the James Clearance Rate was 71% on the 38 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement was at 2.2.  After a slight breather last week, it looks like the year [...]
Inner and Northern Weekly

Inner and Northern Weekly

This week, amongst a number of interesting offerings in the inner areas, we visited two properties that stood out in very different ways. 9a Clifton Street, Richmond (Chris Byrne, Collins Simms) is a warehouse conversion with WOW. The sense of space and the aesthetic feel inside are epitomise this style of project, and this house [...]
The best description for the market right now is BIG. Real BIG. Which is not abnormal for this time of the year, nonetheless it feels bigger than the last few years.  It’s big in all aspects – big deals, big price, big demand and big supply

The best description for the market right now is BIG. Real BIG. Which is not abnormal for this time of the year, nonetheless it feels bigger than the last few years. It’s big in all aspects – big deals, big price, big demand and big supply

Slight breather today – nearly 50% of auctions with only 1 bidder

Slight breather today – nearly 50% of auctions with only 1 bidder

At 6.00 pm on Saturday, the James Clearance Rate for Melbourne’s $M+ property was 66% on the 32 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement was at 1.9. Both Clearance Rates and Bidderman are down on the results we saw prior to the Melbourne Cup. Overall Summary of Melbourne’s Million Dollar-Plus Auctions: Ducks ($M+ [...]
October Top End Market

October Top End Market

Week Ending Saturday, October 25 James Buyer Advocates are busy: Number of auction homes involved in buying this week was well into double figures. Our mid week activity securing homes BEFORE AUCTION for clients was intense. At the time of writing we had bought before in Toorak (Michael Armstrong), Mont Albert North (Mark Read) and Glen Iris (Paul [...]
It was bloody tough for buyers today (as expected)

It was bloody tough for buyers today (as expected)

At 6.00 pm on Saturday, the James Clearance Rate for Melbourne’s $M+ property was 77% on the 43 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement was at 2.1. The crowds were MASSIVE. Very strong figures when you consider this was a Super, Super Saturday. For example, today was three and half times the [...]
Apartments

Apartments

Apartment Action Now that the usual winter hibernation is over for the apartments market (for most builders and most bidders) we have seen some good sales for apartments this early Spring – sales of apartments which are set apart from most with some sort of Wow, a big or small emotional factor. Supply and demand for apartments [...]
Stock, Stock, Stock and it’s Good!

Stock, Stock, Stock and it’s Good!

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 at 2.3. Both Clearance and Bidderman rates are solid as we head into two big auction weekends before the Melbourne Cup. How good is [...]
Practical Valuing

Practical Valuing

This week we have gone practical in the quest for a million dollar good home buying decision. This is a supplementary article to Article 5 on values in The Age, Weekly Review, James Buyer Advocates eight article series – Young Homebuyers Guide. How do we put a number to our value opinion? In today’s modern society we [...]
Is the Top End easing a smidgen?

Is the Top End easing a smidgen?

Week Ending Saturday, September 13: Market Summary The Market is splitting as it normally does when adjusting to the Spring Influx of properties. This week the market has sent buyers and sellers two very clear messages. If you’ve got a well priced, ready to move in home with some WOW in the $1m to $5m  range, then you have [...]
Stonnington Weekly

Stonnington Weekly

Stonnington Snapshot After last week’s low number of auctions we had 25 auctions to keep a track of this week. The next two Saturdays see 29 and 31 auctions respectively, so activity seems to be heating up. Half the auctions slated for September 13 centre on Armadale and Prahran so that could be a good guide [...]
Dowload the Young Home Buyers' Guide
Contact us
James Home Ratings
Why use us? The Learning Fees - We all pay, it's a question of how much?
Masterclass
Shock Horror Scandal – Actually It’s Why  James?

SHOCK HORROR SCANDAL – ACTUALLY IT’S W...

  ...

Read the full article
Understand the effect “Chinese Buyers” have on your market and learn strategies to deal with it

UNDERSTAND THE EFFECT “CHINESE BUYERS”...

    The Chinese Phenomenon – Case Studies References: 1) Here is a link to a sample of 500 (Five hundred) homes we have bought recently ...

Read the full article
Winter 2015 Land Guides

WINTER 2015 LAND GUIDES...

At James Buyer Advocates we update our land guides in each Suburb precinct and often streets as new information comes in (usually weekly as we are va...

Read the full article
Easter 2015 James Land Value Guides for Inner Melbourne

EASTER 2015 JAMES LAND VALUE GUIDES FOR INNER MELB...

Easter Land Guides G’day and welcome to our special James Report on the changing of Melbourne’s land values in early 2015 (updated from a...

Read the full article
OVERSEAS PROPERTY BUYERS CREATING ‘SEISMIC’ CHANGES

OVERSEAS PROPERTY BUYERS CREATING ‘SEISMIC’ CH...

Media Release OVERSEAS PROPERTY BUYERS CREATING ‘SEISMIC’ CHANGES A Federal Government proposal to charge foreign buyers application fees each ti...

Read the full article
Walking The Walk

WALKING THE WALK...

So the talk is over, now its time to walk to the walk. For 20 minutes a week over the last 7 weeks of this series you have been given the keys to a h...

Read the full article
Negotiation at the Pointy End

NEGOTIATION AT THE POINTY END...

The Age. Weekly Review, James Buyer Advocates Young Homebuyer is an 8 part series designed to take young homebuyers through the entire homebuying pr...

Read the full article
Practical Valuing

PRACTICAL VALUING...

This week we have gone practical in the quest for a million dollar good home buying decision. This is a supplementary article to Article 5 on values i...

Read the full article

Inside James Market News