BY Mal James 25th November 2013
Week Ending Saturday, November 30
Port Melbourne, 25 Beach Street, Oliver Bruce (Marshall White), after auction, $5,175,000, 4 bidders
Over 80 people poured into the kitchen/living area of 25 Beach street, Port Melbourne today to see Oliver Bruce put the home to auction…(See More in Auction Reports)
South Yarra, 17-19 Alexandra Avenue, Tim Derham (Abercromby’s), after auction, [...]
BY Mal James 26th October 2013
At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 73% on the 40 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 2.3.
It was a huge day across Melbourne and it really felt solid out there. It was solid in terms of everything.
Have a look [...]
BY Mal James 22nd October 2012
Published in the Weekly Review
It attracts more anticipation than a Grand Final, and a bigger array of stars than the Cup Carnival. And the results are more telling than the Bathurst 500: that’s what Super Saturday, October 27th represents to the largest array of buyers and sellers on offer this year.
This coming weekend was always [...]
BY Mal James 10th August 2011
Well, here we are in early August – and anything that has been written about the market in the last few months has been to fill some space. Because nothing has been happening. Nothing good and nothing bad – just plain ‘ol nothing.
There’s a saying in our business that the really good agents should take [...]
BY Mal James 3rd August 2011
Last week we covered the Early Spring Market
There’s no guarantee we’ll see a lift in the housing market as we go into Spring this year. On the supply side, there’s a build-up of long term unsold properties (stales) and a compounding shortage of exciting, well priced new stock. On the demand side, buyers have had [...]
BY Mal James 28th July 2011
In the first of 2 part major report this week on The Big Spring Predictions we cover the Early Spring Market
Home market predictions are like footy predictions in many ways – a bit of fun, not to be taken too seriously and to be treated on the basis of past results.
Sometimes we agents get it [...]
BY Adam Woledge 27th November 2010
Crowds smaller and less bidders with a clearance rate at 62% – lowish for Boroondara, however there were around 50 auctions over $1 million.
Hottest market is for the $1,200,000 to $1,600,000 double fronted timber home in need of some work with a market price tag on it.
Scott Patterson MD of Jellis Craig: Clearance Rate [...]
BY Mal James 27th November 2010
Week Ending November 27th:
The high end ($3m+) which like the proverbial brides nightie (not sure if I can say that) is up and down at the drop of a hat. A fortnight ago it was up and last week it was down – this week it was up and in a [...]
BY James Home Ratings 23rd October 2010
Mixed bag around the grounds with an overall clearance rate of 58%
Across Melbourne there were 143 reported sales over a million dollars yesterday
Biggest auction was 16 Brooke, Eaglemont, with Damien Carter of Miles. On a quote of mid to high $2 million it was bought for just over mid $3 million
Agent Q & A: [...]
BY Guy Angwin 23rd October 2010
7 of the 9 Stonnington auctions we attended had no bidders at all, while the remaining two had only one bidder each and this was on a good quality stock day.
While there were 18 buys over $1 million, remember that $1 million is entry level here.
Why is the Stonnington market so poor?
Our left-field and [...]
BY Mal James 18th September 2010
The rest of $M Melbourne Melbourne slipped a cog this weekend with a 64% clearance rate on 25 $M+ reported auctions – a fair way down from last week’s stellar 83% on our 30 monitored $M+ auctions.
In Yarra (Richmond to Fitzroy) there were six properties up for auction at around a $million, and six were bought
Elsternwick 9 [...]
BY Kristen Hatt 28th August 2010
We attended nine auctions across Bayside this weekend. Of those, only two were bought under the hammer.
While Brighton was very average at auction today, it was the stellar performer for stales (long term unsolds) over $3m+ this week. Behind closed doors at Kay and Burton, there was plenty of action.
We have a special report for you [...]
BY Mal James 25th October 2008
At 5pm Saturday, just two of the 13 auctions we attended today have sold under the hammer, with another two or three expected to be sold overnight.
The market is speaking on two levels – at median Melbourne, the results are weakening slightly but overall the market hasn’t taken anywhere near as [...]