BY Mal James 15th September 2012
At 6pm on Saturday, the James $M+ Clearance Rate was 65% across the 31 auctions we attended – a solid result. The Weekly Review Bidderman was also a very solid 1.8 bidders per auction. There was a fairly even spread of ducks, lone rangers, norms and volcanoes.
This weekend was the Spring Market’s First Big Test, with [...]
BY Mal James 27th November 2011
Monday 28th November – 57 Cole Brighton ( Peter Kennett of Hocking Stuart). A family home with some floor plan issues that has been on the market for sometime, has been bought after a few interested parties were gathered together in an Expressions of Interest Campaign and one person popped up over $3,000,000. We rated [...]
BY Mal James 1st June 2011
A key focus for many buyers at the moment is to not pay too much. Fair enough - it’s a healthy focus But if this is the only focus, then as a buyer of a good home or a good investment you may miss out on the main game – to BUY WELL.
Take a golfer [...]
BY James Home Ratings 16th October 2010
Ascot Vale, 13 Fisher – Ray White – With views over the Maribyrnong River, this was bought for $2,000,000. Land value $2,000+ per sq metre
8 buys over $1m in Caulfield and Elsternwick this week, including in the heart of the Bagel belt – 31 Aroona with Rochelle Butt of TBM at $2,511,000
Templestowe, 70B Newmans [...]
BY Mal James 14th August 2010
At 6pm on Saturday the James Million-Dollar-Plus clearance rate was 50% for the 38 auctions we attended. Of note is the fact that only 1 in 4 sold under the hammer.
On Sunday the post-auction clearance rate rose to 66% on all 61 monitored properties. That tells us that the market is right on the brink, but [...]
BY Adam Woledge 19th June 2010
As we approach the shortest day of the year, we saw a record number of auctions in Boroondara on Saturday (compared to equivalent weekends in past years). Given the large supply, the market seems to have some resilience. In fact, there is so much going on that many key agents are delaying their traditional mid-year holiday by [...]
BY Kristen Hatt 5th June 2010
A bit of gloom maybe an understatement. We covered 10 properties auctioned in Bayside today over $1,000,000 and saw a clearance rate of zer0! That’s right, nothing was bought under the hammer today. 6 bidders in total, and Park Road, Sandringham had two of them. That’s Bidderman at 0.6.
Properties to pass in today on vendor bids [...]
BY Adam Woledge 22nd May 2010
A solid day today in Boroondara – or so it felt.
Of the 8 auctions we covered, 5 sold and 3 passed-in giving a 63% clearance rate. Bidderman was at 1.75 which is still quite good (for what it is worth we did see 8 vendor bids - these are starting to come into play more now as buyer [...]
BY Mal James 22nd May 2010
Not a lot on offer today and despite our headline a few were put away albeit on lower interest levels than last month. Of the reported sales we saw 7 from 13 go under the hammer or sell soon after for a 54% clearance rate. The standout auction was 65 Beacon Vista Port Melbourne with [...]
BY Stephen Pisani 15th May 2010
It seemed last week Glen Eira buyers went into hibernation with many passing in at auction via vendor bids.
Interesting information for buyers. Of passed in properties at auction last week, 3 from 4 in Bentleigh have been bought post auction assumingly because of good negotiations between agents and buyers.
3 Shrewsbury Street BENTLEIGH EAST $1,200,000 Passed [...]
BY Ralph Doubell AM 24th April 2010
Not many highlights today as the supply of quality properties was limited and buyers may be waiting for the promised stronger offerings in May.
At the upper end, results were mixed, with an attractive Gillespie townhouse on Walsh Street passing in at $4,820,000 after a vendor bid of $4,800,000 in front of a quiet crowd. Another [...]
BY Adam Woledge 28th November 2009
Boroondara is awash with property today and while still a strong day Alastair Craig put it best saying buyers were a little thinner on the ground at each auction than they have been over the last few weeks. Jellis Craig sold 33 out of 42 at auction and he felt that shows [...]
BY Adam Woledge 21st November 2009
Where the market liked the property they went at it hard. Bidderman 3
Boroondara’s reported $m+ clearance rate on all suburbs except Glen Iris was 77% on 26 auctions. The highlights being the big 3 over 3 by Jellis Craig. Dean St Kew ($3.99m), Wattle Valley Rd Canterbury ($3.65m) and Stoke St Kew [...]
BY Kristen Hatt 21st November 2009
Bidderman at 1.7 is still consderably lower than elsewhere in Million Dollar Melbourne.
Brighton and Brighton East reported 16 $m+ auctions with 5 passed in. In addition to the reports below was a strong result at 40 Black St with James Paynter of Buxton which sold under the hammer for $2,050,000. Small [...]
BY Ralph Doubell AM 21st November 2009
Leaving out Glen Iris – talked about that in Boroondara wrap - we saw 24 $m+ campaigns this week with a seller disconcerting 10 passed in at auction. That is a clearance rate of 58% and the main reason the overall James Clearance Rate is as weak as it is today.
Why? Price is [...]
BY Mal James 24th October 2009
It is 6pm Saturday and the James Auction Clearance Rate on the 32 $1m+ properties we attended and reported on today was 72 per cent.
The REIV’s clearance rate was declared at 82 per cent but they are missing around 200 auction results and our guess is the clearance rate has dropped below 80 per [...]
BY Adam Woledge 17th October 2009
We looked at 27 campaigns over a million in Boroondara this week – 27 and of those 22 sold. When talking with James Connell of Marshall White he said of his company’s weekend results in Boroondara and Stonnington, 8 sold before hand; 20 sold at auction and 3 passed in. That [...]
BY Mal James 5th January 2009
What are you going to do this weekend on a pass in or a vendor’s bid?
In 2009 the rules & strategies have changed. Don’t miss out, don’t pay too much.
Many buyers turn up to an auction with little planning having been done, other than “I think I will bid up to …” or [...]
BY Mal James 12th July 2008
Normally at this time of the year after the completion of the financial year and school holidays you would expect things to start to hot up a bit in terms of numbers of houses on the market. This year will be different – there are very few homes [...]
BY Adam Woledge 21st June 2008
Overall an interesting auction weekend – the shortest day of the year (in terms of daylight hours) and a typically cold and wet Melbourne one. Crowds at auction were down, and typically there were one-to-two bidders. Vendor bids and pass-in are becoming more and more the norm [...]