oc | Sunday 8th December

Market News » Armadale


Market back on the boil – for now

Market back on the boil – for now
At 6.00 pm Saturday, the James Clearance Rate for Melbourne’s $M+ property was 76% on the 34 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 2.2. Both measurements are solidly up. Overall Summary of Melbourne’s Million Dollar Plus Auctions: Ducks ($M+ auctions with no bidders) 16% Lone Rangers ($M+ auctions with one [...]
A Market of Differing Opinions

A Market of Differing Opinions

At 6.00pm Saturday, the James Clearance Rate for Melbourne’s $M+ property was 70% on the 26 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 1.8. Overall Summary of Melbourne’s Million Dollar Plus Auctions: Ducks ($M+ auctions with no bidders) 26% Lone Rangers ($M+ auctions with one bidder) 13% Norms ($M+ auctions with 2 [...]
Record Midweek Bayside – Wow!

Record Midweek Bayside – Wow!

Record Midweek Bayside – Wow! If ever you were not that sure about the A-grade home market, just attend a WOW auction with a great agent (Kate Strickland). In Bayside last week (Thursday) new records were set for the suburb at 41 Binnie Street, Brighton East (it was a great home and we were unfortunately the under-bidder – [...]
Pre-Easter Market Really Motoring Along Now

Pre-Easter Market Really Motoring Along Now

At 6.00pm Saturday, the James Clearance Rate for Melbourne’s $M+ property was 76% on the 33 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 2.2. (Note that we have included an auction from Thursday night.) This weekend the market continued on its merry way – lapping up WOW homes and [...]
Chinese Buyers continue to Underpin the Top End of the Market

Chinese Buyers continue to Underpin the Top End of the Market

Saturday, March 29: Market Summary 2014 is still motoring very strongly – the lull which we reported of the last few weeks seems to have been nothing more than the next tread (flatter spot) in the rising price staircase which begun in October 2012 and continues now. This weekend was another Super Saturday with over 150 Auctions in [...]
Balwyn – not Toorak or Brighton – saw 40% of this weekend’s $3m+ sales

Balwyn – not Toorak or Brighton – saw 40% of this weekend’s $3m+ sales

At 6.00pm Super Saturday, the James Clearance Rate for Melbourne’s $M+ property was 71% on the 38 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 2.1. Both stats are up on the last few weeks. Overall Summary of Melbourne’s Million Dollar Plus Auctions: Ducks ($M+ auctions with no [...]
Market Continues to Alter its Trajectory

Market Continues to Alter its Trajectory

At 6.00pm Saturday, the James Clearance Rate for Melbourne’s $M+ property was 68% on the 34 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 2 Overall Summary of Melbourne’s Million Dollar Plus Auctions: Ducks ($M+ auctions with no bidders) 23% Lone Rangers ($M+ auctions with one bidder) 17% Norms ($M+ auctions with 2 [...]
Lots of Stock Splintering the Market

Lots of Stock Splintering the Market

At 6.00pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 53% on the 38 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 2.3. This market is really splintering down the middle, and this weekend’s stats show this starkly. When you’ve got a clearance rate down to 53%, [...]
Back in the saddle, but a bit of a shocker at the Top End!

Back in the saddle, but a bit of a shocker at the Top End!

At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 61% on the 38 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was down to 1.3. An unusual day today, with everything down compared with recent weeks. $3M+ PLUS It was a bit of a shocker weekend for the [...]
Super, Super Saturday!

Super, Super Saturday!

At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 73% on the 40 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 2.3. Super Saturday It was a huge day across Melbourne and it really felt solid out there. It was solid in terms of everything. Have a look [...]
$3m+ market is tracking along well

$3m+ market is tracking along well

Week Ending Saturday, October 26 – Super Saturday! It was a huge day across Melbourne and it really felt solid out there. It was solid in terms of everything. Have a look at the dials on our front page. They’re all in the red zone. Bidderman was an amazing 2.3 on the biggest $M+ auction day [...]
Living up to the headlines

Living up to the headlines

At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 70% on the 33 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 2.4. Both are showing a strong market after the footy break. Ducks (no bidder auctions) – 20% Lone Rangers (1 bidder auctions) – 10% Norms (2-3 bidder auctions) [...]
Market Is Transacting

Market Is Transacting

At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 74% on the 39 auctions we covered.   The Weekly Review Bidderman, our bidders per auction measurement, was 1.5, which over the last three weeks has been a bit up and down. Ducks (no bidder auctions) – 28% Lone Rangers (1 bidder auctions) – 19% Norms [...]
This Market Is Building!

This Market Is Building!

At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 74% on the 35 auctions we covered. The market had a solid number of offerings, so this represented a good cross-section of what quality homes are doing right now.  The Weekly Review Bidderman, our bidders per auction measurement, was 2.2, up from last [...]
Some goodies amongst the limited stock

Some goodies amongst the limited stock

At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 67% on the 36 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 1.7 – a little down on previous weeks. Ducks (no bidder auctions) – 19% Lone Rangers (1 bidder auctions) – 25% Norms (2-3 bidder auctions) – 45% Volcanoes (4+ bidder [...]

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