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Market News » Apartments


So it was quoted $1.5m and it sold for $2.65m. So it was quoted $5m and it sold for $7.6m.

So it was quoted $1.5m and it sold for $2.65m. So it was quoted $5m and it sold for $7.6m.
Wow – where is the land? No land – these were older apartments! The Melbourne market is changing on certain older-style apartments in certain blocks. In the late 2000 teen years (2015-2019) it is becoming feasible to get good capital growth and a good home on 20 year old plus apartments without actually owning any land. However, [...]
Life is good

Life is good

G’day Mal James here. I wrote this piece as I wanted to. I have written about how I feel in this market and I’m not asking you to feel the same way. So it’s ok to switch off now rather than wade through my mud, but there are some sprinkles of gold in here by the way! Life is good I love what [...]
Divorce – there is a better way

Divorce – there is a better way

Divorce, the Children and a Better Way. This is an ongoing part of our multi-generational living series. If the unhelpful events of Canberra of this past week have reminded us of anything – it is that the sum of divided individuals is far less than the value of a united group. It’s exactly what happens in a divorce when it comes [...]
Values versus Pricing at the Highest End

Values versus Pricing at the Highest End

Week One: Value is not a number, it is a feeling. Price has no emotion, no conjecture, it’s factual. Price is not value and value is not price. I buy a number of family homes for people –  perhaps more than anybody else in Melbourne, perhaps not – and at some point in the client and buyer advocate discussion [...]
More chance of a rise than a fall ……………

More chance of a rise than a fall ……………

It was a quiet-ish day today on market – off market is a different story – the auction biggies for May starting in numbers the week after next. At that time we will be focusing on James Bidderman (for any movement in demand) and any drop off from overseas buyers. Has all the talk of late begun to bite? This [...]
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 [...]
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 [...]
Struggling to see the sense in only considering land + build? Me too!

Struggling to see the sense in only considering land + build? Me too!

Big day today for auctions and, despite the fact that this year we are dealing in more properties away from auction than at auction – as a company we were involved in nine today – I’m zonked. We could not cover as wide a cross section of auctions (only 20) as it was all hands on [...]
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 [...]
2016’s Opening Market is (…..drum roll)

2016’s Opening Market is (…..drum roll)

2016’s Opening Market is …..drum roll … Pumping…….Strong …….Rocking. There’s no doubt and no other way to really describe it. We’ve had three big auction weekends in a row, with today a virtual Super Saturday and the market has spoken. 2016 has started with a real bang. The only difference between 2016 and 2015 is the [...]
Apartments are not performing like the rest of the market

Apartments are not performing like the rest of the market

Spring Apartments

Spring Apartments

 
Young Homebuyers Issues & Solutions

Young Homebuyers Issues & Solutions

年轻购房者的问题和解决方案 Young Homebuyers Issues & Solutions James 市场总结 James Market Summary * 在惯例的七月冬季,墨尔本房产市场拍卖数量刮起了一股下降之风。看一下右方我们拍卖房产的图表—-很多人正开始暂停拍卖。 * 竞标者数量今天有所下降,然而房产质量本月有明显松动。 * 流拍较我们近期看到的要多,这是房产质量征兆的一部分,这同样也反应了卖主预期与市场博弈的情况。 * 在我们参加的27场拍卖中,81%的拍卖有2-6位竞标者,只要市场按这个力度走,这是个非常非常坚实的结果。 * 总的来讲,我们今天看到的,不多。市场的成交在心理上受到了媒体讨论的影响(这并不是抱怨——我们需要有这种讨论),虽然过一个周末长假,房产质量有所降低,但还是有了坚实的结果。 * 另外,欢迎回到James市场新闻(本周与下周将是大专题)。欢迎年轻的购房者在下两周分享我们的专题文章,然后在7月份学校假期期间市场新闻会暂停,James购房中介仍对客户开放。 The Inner Melbourne Market is beginning its wind down into the traditional July Winter break. Look at our forward auction stock graphs to the right – most are beginning to shut up shop. Bidderman was down today, however stock quality has also noticeably eased this [...]
Solutions for Young Homebuyers – Bumper Winter Issue

Solutions for Young Homebuyers – Bumper Winter Issue

6.00pm Saturday June 20th – Mid Term Report Market is in wind down mode re new stock, as most good agents are beginning to break for winter school holidays. Next week is the last serious week of auctions, until early spring. Any market read on any winds of change, won’t be meaningful until September, when larger numbers [...]
Young Homebuyers Issues & Solutions

Young Homebuyers Issues & Solutions

James Market Summary The Inner Melbourne Market is beginning its wind down into the traditional July Winter break. Look at our forward auction stock graphs to the right – most are beginning to shut up shop. Bidderman was down today, however stock quality has also noticeably eased this month. More pass-ins than we have seen for a while, which is [...]

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