Exciting Winter and Spring Ahead?
MAL’S MID-YEAR MARKET SUMMARY
A few real stories. A few real signs. And a real market (almost).
Last night — at the end of one of our busiest weeks in months — we missed out on a home in Malvern East for a client.
It had sat for yonks, overpriced.
But now, with a price drop?
Gone. Multiple bidders. Competitive….the discount in the end was not that much
The Haves & The Have Nots… Bidders That Is
An improving market — currently disguised by the statistics of the haves (bidders) vs the have-nots (interest).
No Overall Election Bounce Yet – Still A Slog for Many
We covered 33 Auctions today as Week 1 of our 100 Auction Top End Test 2025M2. Bidderman 1.3 and Clearance 61%
How Much is Toorak Worth?
This Week in Melbourne Real Estate – A Market in Motion?
Let’s start with Toorak — reportedly down over 25% in 2024 (according to last week’s press).
Melbourne Land, Building and Renovation Values 2025
Our Price Burger model isn’t only about market timing — but market context does matter. And the graphs and data we’re seeing right now tell a clear story: many buyers are overpaying, and many sellers aren’t selling — because they haven’t fully grasped the market reality.
Trumpy Trump, Melbourne Property & You
What would happen if Donald Trump and Mal James walked into a room and gave you advice on buying a home?
OOO
Because the job people pay me for is the 3 O’s:
• Opinions
• Options
• And ultimately… Outcomes
And while people want more, it’s not more opinions, or even more options.
It’s more outcome.
Where’s the Special Sauce: Big Mac Mystery
YES. But Mal my house didn’t sell or hasn’t attracted any interest and yet you said the market is a lot better!
That’s correct my friend. Look at the graphic above. We are just turning a corner and those that are selling are at market not 10 to 20% above market. We are nowhere near 2021 yt!, but we are seemingly chortling back in that direction!
Volatility Confirms the Turn?
Have I gone too early?
Looking at today’s results, that’s a fair question to ask. Clearances (61%), Bidderman (1.5) — back into the no so brilliant range on the 33 auctions we covered today.
It’s a bird, it’s a plane, no it’s SuperMarket
We covered 39 Auctions today as part of our 100 Auction Test to begin 2025M1. She’s Strong!
