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The word from the street – what is really going on?

The word from the street – what is really going on?
Happy Mothers Day to all our Mums – the real home decision makers. This week in James Market News: Market Commentary – Three-week Challenge of 100 reported auctions Auction Action – 33 auction results Inside James – buy-then-sell service and Mal’s auction observations At 6.00pm Saturday, the overall Inner Melbourne market results were solid, if you just look at the Clearance [...]
News of my death may be greatly exaggerated

News of my death may be greatly exaggerated

The market is not as bullish, as urgent, or as downright insane as it was from February to May, even June of this year. Is this really a true statement? In many cases we are 20% above the start of the year. Is the market’s outward intensity less about dollars and bidding and more about that, we [...]
Boroondara Weekly

Boroondara Weekly

With Christmas in everyone’s sights, the next four to five weeks is likely to be interesting. Will the year finish off as strongly as it did last year? Only time will tell. In terms of new properties coming on to the internet, we really only have two weeks left. Although I suspect that we’ll still be [...]
You can still buy very well in rising markets if you have the right fundamentals – the right land content, the right location and the right floor plan. These are things you can control – unlike the ups and downs of the market. And these are what determine the wisdom of your decisions.

You can still buy very well in rising markets if you have the right fundamentals – the right land content, the right location and the right floor plan. These are things you can control – unlike the ups and downs of the market. And these are what determine the wisdom of your decisions.

Port Phillip Weekly

Port Phillip Weekly

Lucky 13 With thirteen properties over the one million dollar mark scheduled for auction in Port Phillip this weekend, there are signs that stock levels seem to be surviving without the need for resuscitation just yet. Mind you, quality will be in the eye of the beholder with some of these offerings. The stand out was [...]
The Market right now feels like it’s building. It feels like there are very solid conditions out there for another real lift in proceedings. While there is bad news in sport, in politics and in industry – in the Inner Melbourne $M+ Market there seems to be very little bad news this year, especially when it comes to property with good land content.

The Market right now feels like it’s building. It feels like there are very solid conditions out there for another real lift in proceedings. While there is bad news in sport, in politics and in industry – in the Inner Melbourne $M+ Market there seems to be very little bad news this year, especially when it comes to property with good land content.

This price segment is starting to rise

This price segment is starting to rise

Week Ending 18th May Off-Market Special This week, with the quality $M+ market continuing to move ahead strongly, we are looking at an increasingly large part of the market – the Off-market sector. Off-market transactions are transactions that take place without any advertising, without big glossies in The Age or without any internet presence. Consequently you won’t see [...]
Back after a spell and it’s steady as she goes

Back after a spell and it’s steady as she goes

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 [...]
Boroondara Weekly

Boroondara Weekly

There is a good feel to the market right now. Buyers are positive and vendors also seem to be on board and prepared to meet the market. Along with this, the media is mainly positive about the market, which always helps. I must say some properties that I felt would struggle (e.g. those with compromised [...]
Northern Weekly

Northern Weekly

Two top homes I looked at two sensational properties last week in Princes Hill (Carlton North). The first was 29 Wilson Street, a property managed by Glenn Bartlett of Woodards Real Estate, and which is up for auction on March 2 at 1.00pm. Built in 1897, Avely is on 830 sqm of land (huge land for the [...]
Northern Weekly

Northern Weekly

Two top homes I looked at two sensational properties last week in Princes Hill (Carlton North). The first was 29 Wilson Street, a property managed by Glenn Bartlett of Woodards Real Estate, and which is up for auction on March 2 at 1.00pm. Built in 1897, Avely is on 830 sqm of land (huge land for the [...]
Port Phillip Weekly

Port Phillip Weekly

After the hype of ‘Super Saturday’, stock supply returned this weekend to the kind of levels we have been seeing over the last 18 months, and the James Clearance Rate of 50% for Port Phillip was not what agents would have hoped for. On reflection, Super Saturday was real estate’s equivalent of the Melbourne Cup, [...]
Port Phillip Weekly

Port Phillip Weekly

This week in Port Phillip two very different properties got the heart fluttering – the first was an old bakery at 201 Liardet Street in Port Melbourne a property managed by Oliver Bruce of Marshall White which over the last two weeks has seen record numbers attend opens. The second was 71 and 71 A Grey [...]
10 from 10 on the auctions we covered

10 from 10 on the auctions we covered

We mainly focus on the better quality homes, however 10 from 10 was still a surprise. This stat varies dramatically from our overall monitored auctions stat of just over 50% – similar to last week. It was a Super Saturday in Boroondara with over 50 auctions at $M+ and over 30 sales reported as being [...]
Putting a Price on Land Value

Putting a Price on Land Value

Market value is useful when considering capital growth, however unlike with the share market, the market value of a property is often more a concept than an exact figure – and everybody has their own ‘recipe’ for how to go about it. But there are three consistent ‘ingredients’, that agents use to get a sense [...]

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