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Market News » inner melbourne


When you’re warm you’re hot and when you’re cold you’re freezing

When you’re warm you’re hot and when you’re cold you’re freezing
Welcome to our $2m-plus auction Early Spring season opener And the first of three weekends of the James 3 Week 100 Auctions Early Spring Market Test, specifically designed to measure the true market temperature of higher end, Inner Melbourne Family Homes. This time last year, the opening Spring Day was a bit depressing and now it feels like we have just [...]
Yep, its a big drop – how to deal with it!

Yep, its a big drop – how to deal with it!

Welcome to the early beginnings of the Melbourne Spring buying and selling market. Auctions start in a few weeks time. This weekend’s James Market Insight, is the first in a series of three, about how you can best manage yourself in what’s to come. Why manage yourself? One: If you cannot manage yourself, then you dramatically increase your chances of [...]
The Market Roar – where and when

The Market Roar – where and when

At 6.00 pm on Saturday we found the market, as we have found it all year; B and C Graders down – A-Graders mixed. A-Grader, by our definition – right Position, right Property and right Price – good PPP‘s. Overall, the market as we go into winter is still declining in its mood, interspersed with some strong results: such [...]
Decimated Kew. Sellers spent $100k per bidder < 9% under hammer!

Decimated Kew. Sellers spent $100k per bidder < 9% under hammer!

At 6.00pm on Saturday, it’s official – we are continuing to fall – but those falls are becoming more widespread. In the final week of our three week May 100 Auction Test, we can now say that last week’s comments (of a flattening market) look “courageous” on today’s market evidence. The  Clearance Rate for $2m+ Inner Melbourne family homes [...]
Practical Solutions for Younger Homebuyers

Practical Solutions for Younger Homebuyers

At James Buyer Advocates we are looking to help younger homebuyers where we can. We now believe in a PAUSE in rapid population growth through immigration (family reunions excepted) from 2020 to 2025/2030? Why? We would like to see our community have a discussion and consider infrastructure solutions to better house our young people, who already live here. When our community thinks it’s right to [...]
The Market has certainly changed direction

The Market has certainly changed direction

It’s 6.00pm Saturday and the James Clearance rate for $2M+ Inner Melbourne family homes, was a drifting down 69% on the 32 auctions we covered today, in the third and final week of our James 100 Auction 3-Week Test (Feb 24, Mar 3 and 17). The 3-week Opening Market Clearance Rate was 67%. James Bidderman, that is bidders per auction, was 1.3 today.  The [...]
Younger Homebuyers thriving in 21st Century Inner Melbourne

Younger Homebuyers thriving in 21st Century Inner Melbourne

We are pleased to welcome James Hayward, who has been employed by James Buyer Advocates on a part-time basis, to take a very average Inner Melbourne site (irregular land size of just over 700 sqm, with two older style brick unrenovated buildings) and a very average Inner Melbourne family (arguments, stresses, hope and dreams) and bring them [...]
Many of today’s auctions were about charades, rather than theatre.

Many of today’s auctions were about charades, rather than theatre.

It’s 6.00pm Saturday and the James Clearance rate for $M+ Inner Melbourne was a drifting down 62% on the 34 auctions we covered today, in the second week of our James 100 Auction 3-Week Test. Last week it was 68%. James Bidderman, that is bidders per auction, was 1.6, which continues the significant drop of the last four months and represents around a [...]
Values versus Pricing at the Highest End

Values versus Pricing at the Highest End

Week One: Value is not a number, it is a feeling. Price has no emotion, no conjecture, it’s factual. Price is not value and value is not price. I buy a number of family homes for people –  perhaps more than anybody else in Melbourne, perhaps not – and at some point in the client and buyer advocate discussion [...]
October Market Start  / Stonnington Heritage Reversal

October Market Start / Stonnington Heritage Reversal

Contents October Market Start Edition 1. October Market Start 2. Inside James – An incredible story from Malvern East to Tanzania 3. Game Changer – Stonnington Heritage Reversal It (usually) attracts more than a Grand Final, a bigger array of stars than the Cup Carnival – the results are more telling than the Bathurst 500: that’s what Super Saturday, October 28th will represent to [...]
The Market Is Clearly Talking to You

The Market Is Clearly Talking to You

At 6.00pm Saturday the overall Inner Melbourne $2M+ market results: Family Home Clearance Rate of 81% on the 34 Inner Melbourne $M+ auctions we covered. Combined with James Bidderman (bidders per auction) @ 1.8 on lowish auction stock numbers. The Inner Melbourne Top End market is now consistently tracking below 2 bidders per auction in Early Spring. This is a major shift in bidder [...]
Is the Inner Melbourne Market moving?

Is the Inner Melbourne Market moving?

At 6.00pm Saturday, the overall Inner Melbourne $2M+ market results: Family Home Clearance Rate of 77% on the 30 Inner Melbourne $M+ auctions we covered Combined with James Bidderman (bidders per auction) @ 2.2 on lowish auction stock numbers. Overall not a stellar start to spring; of course far from a shocker either on the above stats – the stock wasn’t that [...]
Is the Inner Melbourne market showing any signs of a turn?

Is the Inner Melbourne market showing any signs of a turn?

State of the Market – May 2017 – Opinion

State of the Market – May 2017 – Opinion

What is the market really doing? We get asked this question daily so we decided to conduct a 3-Week, 100 Auction Report challenge during the month of May. Well, there were no surprises! All three measurements showed that the Inner Melbourne market is in what we call “boom times”, but now, since 2008, increasingly what we call [...]
Our bumper pre-winter issue – so much great info!

Our bumper pre-winter issue – so much great info!

This week in James Market News: (click on contents) 1. Market Commentary 2. May 3-Week Auction Challenge – Results are in… 3. Bayside and Inner East Auction Action 4. 2017 James Half Year Summary 5. Land Prices – 2010 – 2017 6. Negotiation Corner – Narrowed Focus 7. Inside James – and Off Markets 8. Younger Homebuyers – [...]

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