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This week’s game changer – read James Masterclass – see what a normal block in Toorak is now worth!

This week’s game changer – read James Masterclass – see what a normal block in Toorak is now worth!
Game Changer

Game Changer

NOTE 17.6.17: This article was confirmed and published 3.6.17. Withdrawn 6.6.17 when we became aware of new information and remained so until 17.6.17 when we republished with new information. This story is now different from the original article published in good faith, however a lot of the gist of it remains true – except that the winning bidder of [...]
You think newly zoned land is the same – it’s not – it’s a $700,000 difference.

You think newly zoned land is the same – it’s not – it’s a $700,000 difference.

In James Market News today: Under Quoting – Only 8 more sleeps to go Todays auction action Off Markets Chris Richardson from Access Economics – Opinion Big Changes Part 2 – zoning and $700,000 difference on one block With the Easter break, very few auctions today, most of the activity is off market. We expect it be the same again next week, before we burst [...]
Let’s face a home truth – the elephant in the room – population

Let’s face a home truth – the elephant in the room – population

Ferocious bidding on the right homes – despite this being the largest auction start to a year in Melbourne auction history – the market lapped it up, spat out a few and said ”feed me, feed me, give me more.” At 6.00 pm the James Clearance Rate on Inner Melbourne Homes was close enough to 90% – yep [...]
Welcome to 2017 – Back on the hustings today

Welcome to 2017 – Back on the hustings today

Clockwise visits today – no substitute for foot leather, listening, looking and listening again. 1st Slide Clockwise from top left: Malvern East:$2.5m?  – little cutie – no, not the agent John Manton – the house. Good crowds at the OFI. Hawthorn: $4m? Off -Market or Pre-Market? – good family home. Crowds – Only one! Armadale: $4m? Nice one – listening [...]
How to buy a Top End home well – it’s different!

How to buy a Top End home well – it’s different!

INTRODUCTION If I told you buying a home at the Top End is more about trust than money, would you believe me? Maybe, maybe not. Well this is a story about 3 homes involving strategy, dealmaking and truths at the Top of the Top End. Towers Road, Toorak (Marcus Chiminello) Bought 2016: James Home Rating 942/1000 Kooyongkoot Road, Hawthorn (Ross Savas / Jeremy [...]
Making Beautiful Decisions

Making Beautiful Decisions

Beautiful Decisions – Buy/Sell Welcome to our final series for the year – over the next three weeks we will try to highlight just how much is added to your life with beautiful decisions. This final 2016 series is about getting the most out of buying and selling a home via a beautiful decision. We are splitting the series [...]
It’s going to be a white (hot) Christmas

It’s going to be a white (hot) Christmas

Welcome to our 2016 Bumper Christmas Edition. In this, our last article for 2016 – the key to good sex, nothing about that American bloke and a segment on how to get $70,000 for free every year. Plenty of positives, but apologies we don’t seem to have any fake news! And to the Inner Melbourne Market. Wow, what a finish [...]
We’ve got No Trumps today

We’ve got No Trumps today

Its 6.00pm Saturday and the James Clearance rate for $M+ Inner Melbourne is 88% on the 26 Auctions we covered today. James Bidderman, that is, bidders per auction, is 2.8. Super Strong. Big numbers of bought befores and look at the Volcanoes 48%. That means every second auction had 4 or more bidders and how about this; there were 15 bidders [...]
Toorak land breaks the barrier of $10,000 per sqm and produces a 5 bidder $9,020,000 auction.  Let’s put that in perspective: Toorak land – yes, it is AAA – but WOW – is now similar in price to Brighton beachfront, Domain and Middle Park.  More perspective: 4 years ago Toorak land was around 60% of the per sqm rate of Brighton beachfront and Middle Park premium. The Big Boy (and Girl) is well and truly back on top.

Toorak land breaks the barrier of $10,000 per sqm and produces a 5 bidder $9,020,000 auction. Let’s put that in perspective: Toorak land – yes, it is AAA – but WOW – is now similar in price to Brighton beachfront, Domain and Middle Park. More perspective: 4 years ago Toorak land was around 60% of the per sqm rate of Brighton beachfront and Middle Park premium. The Big Boy (and Girl) is well and truly back on top.

The Elements, Sniffs and Senses are there – but the buyers Mmmmm.

The Elements, Sniffs and Senses are there – but the buyers Mmmmm.

The BIG question for the next two months before the July winter hiatus is………Price. Will seller expectations match buyer expectations? At auctions the answer appears to be a yes, but away from auctions (off markets) we are not so sure. In our opinion, most market inaction away from auctions is due to sellers. There is no doubt there are [...]
We’re back and the market is still in a forward gear, sans the 2015 Asian overdrive.

We’re back and the market is still in a forward gear, sans the 2015 Asian overdrive.

The Inner Melbourne market is showing a return to normality as evidenced by a healthy, but not stratospheric clearance rate of 68 today. Having said that, there is a feeling of subdued excitement amongst agents (listing ok for June) and buyers (Bidderman 2.5 on big stock numbers today) as sellers appear to be coming out of hibernation [...]
2016年市场的开端是(······紧锣密鼓)

2016年市场的开端是(······紧锣密鼓)

2016年市场的开端是(······紧锣密鼓)     5/3/2016 代理故意报低价是欺骗行为,我们完全支持CAV和政府的努力 墨尔本近郊数据 竞标人数 2.4  拍卖水平 150  清盘率78 竞标人数  零竞标者  1位竞标者  2/3位竞标者  4位以上竞标者 2.4        13%       13%        45%           29% James市场总结 2016年市场的开端是······紧锣密鼓······涌入······强劲的······震惊。毫无疑问没有什么其他方法来确切描述。我们已经经历了连续三个大型的周末拍卖了。今天事实上是一个超级星期六,市场已经说明了。 2016年一开始就非常强劲。2016年和2015年仅有的区别就是市场上的房屋数量(2016年要少些)和激烈程度(同2015年暴涨, 失控相比,2016年表现强劲)。 我们James买方代理这个月目前为止做了很多事情,我们今天又买了.但恰恰是我们没有买成或没有买的房子揭示了墨尔本近郊房屋市场的真实情况。 34 Bell Street Hawthorn(Steve Burke and Tony Doh) * 在Hawthorn好的单面房(James房屋评估655) * 中介保守的报价是$1,300,000澳元。 * 我们为我们的投资者的估价在$1,600,000澳元左右,我们经过对该地区近期交易仔细的调查,给出了$1,518,000到$1,718,000这样一个区间。 * 开标价为$1,500,000并且到达了可以销售的价位, 另三位强劲的竞标者把卖价推到了$1,720,000. 为了一个单面房在$1,500,000后出现了井喷式的竞标. * 正好在我们估价的高位。 * 如果竞标以那位代理的报价$1,300,000开始,那我相信你会看到6位或7位竞标者。 * 注意:代理报价没有问题——他们有竞标者在那里并且一开始出到了可以销售的价位。 * 信息一:34 Bell Street告诉我们Hawthorn的单面房在市场上有相当大的深度。 * 信息二:买家并不是单一通过James买方代理同中介打交道,而是不断地同那些落标的竞争者打交道。要成功,让我们回头看看我们去年这个时候在拍卖会外的策略吧。 5 Nelson Street Sandringham (Julian Augustini 和 Romana Preston) * 非常高的质地,单层,装修过,木板,Sandringham B级街道, 中等大小的地块特定年代的房屋(James房屋评估727)。 * 代理报价$2,200,000到$2,300,000 * 开拍$2,400,000着实吓到了众人,使得拍卖停顿了一会,这才使买家有了喘息的机会。 * 而这种失去意识只是短暂的,因为有另5位(是的5位)举起他们的手直至$2,655,000。我们的出价上限是$2,725,000。对于一个在Sandringham低于中等地段,高于中等的单层木板房在出价$2,400,000后出现了竞标者井喷现象。 * 在过去的两周里我们在67 Mills看到6位竞标者把价格抬到了$2,790,000,在Edward St有4位竞标者把价格抬到超过了$2,600,000, 今天这里有6位竞标者(应该有十几位预算超过$2,000,000)——因此现在在海湾区中部,家庭住房是很有深度的。 * 注意:代理报价没有错——他们有竞标者在那里,第二次出标后就房屋就达到了可以销售的价位。 * 信息一:当你想在Sandringham/Hampton买一幢$2,500,000左右的A级的房子,你可能有十几位竞标者(请参阅受伤的落标者文章)在看着你,5 [...]
Balwyn现象– 来自亚洲的国际需求确实有松动的迹象!

Balwyn现象– 来自亚洲的国际需求确实有松动的迹象!

By Mal James 21/11/15 Peter Batrouney 在拍卖后卖出20 Illawarra Road, Balwyn North, 成交价超过 $2,710,000, 1位竞标者 特刊——James对于墨尔本近郊百万元以上房市国际需求的专门报道 今天我们抛开我们对墨尔本拍卖市场的报道而关注墨尔本近郊房产市场国际需求的变化(如果有的话). James竞标者人数,Bayside, Stonnington以及清盘率都放在一边,以便我们能集中精力关注和评估国际需求——为此我们需要到能展示国际——亚洲——中国需求的地方——Balwyn去看看。 我们关注一下30场拍卖中20场来自Balwyn和Balwyn North的拍卖,这意味今天的数字不代表墨尔本整个市场的情况,所以今天让我们忘掉竞标者人数、清盘率作为墨尔本市场精确指标——只是看一看它们真正反映的,Balwyn或亚洲市场。 多年来,我们James买方代理一直指出墨尔本百万澳元以上市场是由国际需求驱动的,特别是由来自澳籍华人和中国公民的中国资金驱动的。我们的房地产不再是一潭封闭的死水,它已经成了一个国际房地产市场。 是的,利率,澳大利亚金融政策以及银行会影响我们的市场,但它们不会像外来资金那样驱动市场,特别是2008年以来,来自亚洲(中国)的资金。 在百万澳元以上房产上最重要集中外来资金的地方是Balwyn. 今年早些时候,我们在James市场新闻的文章中指出,我们觉得Balwyn土地价格上出现的情况对墨尔本高端房地产市场有很大的影响,比Brighton, Hawthorn, 甚至Toorak 都大。 我们仍然这样认为。 Balwyn 现在出现的情况是一个信号,预示着墨尔本其他地方以后(明年)可能出现的情况。Balwyn以及Kew和Glen Waverley的一部分自从2008年以来就成了墨尔本的法宝。 过去在这里首先发生的,后来在墨尔本其他关键区域,如东区和海湾区重演。 在过去的几周里我们看到了在Balwyn和Balwyn North发生的微妙的但是引人注目的变化-因此我们今天调查和分析这个墨尔本国际房产市场的亚洲震源地。 但是,请你在阅读我们提供的以下信息时保持一些平衡。 Balwyn是一个小规模的亚洲需求市场,在2015年9月份的James市场新闻文章中,我们详述了在我们的价值记录中显示最新的100笔价格超过二百万澳元的房屋交易中90笔涉及到中国人,或者说买者有中国姓氏。 目前Balwyn市场的春季房产是充足的,公平地讲市场并不是那样令人兴奋的,因为供应很多——意味需求会广泛扩散,这对竞标强度下跌是有好处的,春季市场显示一些松动通常是正常的,并且是从我/我们由始以来所见到的Balwyn房产价格最大幅度上涨后的下降。(比如2015年2月至6月)。 你下面看到的变化,自九月份以来对我们来说是明显的——仍是在早期——如果报导的限制海外投资法案和中国政府限制外汇流出的做法有改变的话,情况又会重新上升。 然而,没有糖衣——你将看到亚洲国际需求的变化要高于任何季节的变化。 BALWYN – 今天   66 Gordon Street, Balwyn – 拍卖前成交, $4,880,000 (澳籍华人或中国公民竞标者–不确定) (之前成交价$3,300,000, 2009年11月).   107 Winmalee Road, Balwyn –流拍于$2,025,000, 1位竞拍者 (澳籍华人或中国公民竞标者– 0) (之前成交价$751,000, 2002年9月). 在107 Winmalee Road, Balwyn, 在非常宽的路上竞拍现场人数较少   4 Clapham Street, Balwyn – 成交, $1,473,000, 3位竞拍者. (澳籍华人或中国公民竞标者– 1) (之前成交价$901,000, 2007年8月). 很开心,雨过天晴,60人左右的人在拍卖现场4 Clapham Street, Balwyn.   9 Kaleno View, Balwyn –拍卖后成交, $1,588,000, 3位竞拍者. (澳籍华人或中国公民竞标者– 2) (之前成交价$1,250,000, [...]
Balwyn Calling – International Asian Demand showing the real signs of easing!

Balwyn Calling – International Asian Demand showing the real signs of easing!

Special Edition – James International Demand Report for Inner Melbourne $M+ housing Today we have ditched our across Melbourne auction coverage and focused on assessing the change (if any) to International Demand within the Melbourne Property Market. James Bidderman, Bayside, Stonnington and clearance rates have been sidelined, so as we could focus almost all our resources on assessing [...]

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