James Buy Sell Market News with Off Markets every Monday
So Where Is The Market Now post Budget?
The market is weak, but feels like the falling may be flattening a little.
At the top end above $10 million; activity is extremely thin, if not non-existent.
At the lower end, around $1 million to $2 million, demand remains relatively strong for A and even B-Graders. C-Graders nope!
In the middle market the $3 million to $6 million space that we focused on this week; it is very precise.
Ruminators, Collaborators, Determinators
It’s been an interesting week.
Not dramatic. Not explosive. But layered.
A few small shocks. A few quiet wins.
Craig Tiley – 73 Nepean Highway Aspendale
Manners, ethics, decency. I know they are not trendy at the top levels of life right now, but they still work, they still grease the wheels of life very effectively.
Looking for transparency, for a solution rather than a problem can make life sweet and they are there if you want to find them. Underrated but very efficient.
How do you sell your property – become one of the three out of ten that actually transact — and simultaneously buy one of the seven that aren’t moving? How do you turn this market, which feels for many like a trap, into the single best financial move you’ve made in a decade?
Homes are still being fiercely contested at auction when priced correctly. And homes are rotting on market for half a year when overpriced at an EOI.
Hundreds of Millions Sat Unsold via EOI in October 2025.
This week in Melbourne…
hundreds of millions of dollars of top-end property is sitting unsold.
Not withdrawn.
Not passed in.
Just sitting.
In March 2026 Sellers Still Aren’t Listening and the results are worse.
Last Thursday.
Three homes.
About $17 million worth of property.
And three very same but different (Aldi) lessons for buyers.
Executive Summary
The Melbourne top-end market has shifted—four up periods in 2025.
Prices have improved, but not exploded.
Sellers who price correctly are attracting real interest.
Today’s headline clearance rate (55%) is misleading without context.
Properties that attracted at least one bidder had a 75% chance of selling.