Marketnews Archives

Spring results show the market is still falling! Price is the absolute brand on the home. It used to be Heritage, then twas reno’s, now its price that scares

In a market like Melbourne’s Top End, opportunities abound for those who understand value. Whether you’re buying for investment or for your family, the key is recognising intrinsic value, focusing on quality, and avoiding unnecessary risk.

Today’s Bidderman looked statistically stronger, rising from 1.4 in May to 1.7 now.

From Brighton to Canterbury to Malvern East we covered 7 auctions totalling $35 million for 7 pass-ins with 4 bidders in total. 3 have since sold after.

At first glance, capital growth appears to be 8% compounded per annum. However, …………..

This is where Game Theory comes into play. Linked to the work of 18 Nobel Prize winners, Game Theory is ………..

An amazing 432 bids at Anderson Road, Hawthorn East—432, yes 432.

That’s because ……..

Death by a thousand cuts is not the way to manage a successful sales campaign in this market. ……….

Hi Mal and Gina,

That went well!  As you may imagine, we were a little anxious before we arrived.  In the event, the property has exceeded our expectations in every way – there are no downsides.  The scale of the rooms are all significantly larger than expected, and the flow through the property is lovely.  We are fortunate to be the new owners.

We are very happy to write some words for you and we are looking forward to our BBQ together.

Very best wishes
J&H

Yes, we are active right now, and yes, we are buying more homes than we are selling!

Why? The market is why! It’s ripe for trading up, with plenty of stock, often little competition, and you can still sell your smaller home at a solid number. Why?

Because the market is working at the bottom and a bit fluffy further up the food chain.