oc | Thursday 9th April

Market News » Banyule


2014 is going out with a bang!

2014 is going out with a bang!
At 6.00 pm on Saturday, on a day where there were around 150 $1m+ scheduled auctions across Inner East and Bayside, the James Clearance Rate was 71% on the 38 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement was at 2.2.  After a slight breather last week, it looks like the year [...]
Northern Weekly

Northern Weekly

It’s been an interesting year in the Inner North, especially in the second half of the year following in the traditional mid-year hiatus. This year had the Federal Election added in to the mix, and this played on the minds of potential sellers as they held out for a political outcome before listing. All the [...]
In the “Burbs” there is a “Bur(b)geoning” Million Dollar Market

In the “Burbs” there is a “Bur(b)geoning” Million Dollar Market

Key Points: Mixed bag around the grounds with an overall clearance rate of 58% Across Melbourne there were 143 reported sales over a million dollars yesterday Biggest auction was 16 Brooke, Eaglemont, with Damien Carter of Miles. On a quote of mid to high $2 million it was bought for just over mid $3 million Agent Q & A: [...]
Million Dollar Melbourne was not flying this weekend

Million Dollar Melbourne was not flying this weekend

Key Points Ascot Vale, 13 Fisher – Ray White – With views over the Maribyrnong River, this was bought for $2,000,000. Land value $2,000+ per sq metre 8 buys over $1m in Caulfield and Elsternwick this week, including in the heart of the Bagel belt – 31 Aroona with Rochelle Butt of TBM at $2,511,000 Templestowe, 70B Newmans [...]
Still fairly solid outside Inner East and Bayside @ $1m

Still fairly solid outside Inner East and Bayside @ $1m

Biggest Clifton Hill 12 North Terrace Steve Earl of Harringtons was bought at auction for $4,115,000 Around the grounds Alphington 6 Bennett: Peter Egan Nelson Alexander: Passed In for $1,000,000: No Bidders It could only be described as scenes from an unfortunate comedy skit – one I’m sure auctioneer Peter Egan had not foreseen when commencing the auction of [...]
Get Organised for the next Super Saturday – October 23rd

Get Organised for the next Super Saturday – October 23rd

The big news this week for homebuyers was not Gary Ablett or the GF Replay; it was the major stock inflows that took place on Monday, Tuesday and Wednesday when agents began their marketing campaigns for the next Super Saturday - October 23rd. Check out the size of the Weekly Review this week. While one weekend does not make a summer, we now seem to have finally started the Spring surge. Prior to the Grand Final(s) stock was particularly low and prices were definitely beginning to firm on the back of this.
A little quieter outside the big $M+ markets

A little quieter outside the big $M+ markets

The rest of $M Melbourne Melbourne slipped a cog this weekend with a 64% clearance rate on 25 $M+ reported auctions – a fair way down from last week’s stellar 83% on our 30 monitored $M+ auctions. Some Highlights In Yarra (Richmond to Fitzroy) there were six properties up for auction at around a $million, and six were bought Elsternwick 9 [...]
The rest of $M+ Melbourne performed well today.

The rest of $M+ Melbourne performed well today.

The Melbourne $M+ market outside Inner East and Bayside performed pretty well today with 25 of the reported 30 $M+ auctions or 83% selling. This figure is a little generous, with a few unreporteds, but it nonetheless shows a strong “fringe” $M+ auction market. Highlights 18 Carn Avenue, Ivanhoe with Sue Lacey of Miles selling for $2,040,000 after [...]

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