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Stonnington Weekly

Stonnington Weekly
This week seemed fairly quiet across the board in terms of crowd numbers at Opens and at auctions. Agents were not too enthusiastic about new listings for December and those that I spoke with, were talking up vendors wanting to wait until February to list their properties for sale. Today the clearance rate for Stonnington was [...]
Bayside Weekly

Bayside Weekly

This week Bayside performed admirably with a 68% clearance rate and 1.5 bidderman – figures similar to the overall $M market. 5 out of the 8 auctions we reported on sold today. There are fewer auctions next week but steady increases in auction numbers for the early weeks of December. A land value sale of note [...]
More subdued this week – even if the stats suggest otherwise

More subdued this week – even if the stats suggest otherwise

At 6pm on Saturday, the James Clearance Rate for $M+ was 67% on the  31 auctions we attended. The Weekly Review Bidderman, our demand indicator, was 1.5 bidders per auction. While the stats mightn’t show it, things were definitely quieter this weekend than a few weeks ago. We found the bidding more subdued, but we think [...]
Stonnington Weekly

Stonnington Weekly

This week in Stonnington was a little slower paced than the past few weeks but the energy was not subdued. The clearance rate was 46% and Bidderman was 1.3. Interestingly, of the 8 auctions we covered today, only one was bought under the hammer: 18 Central Park Rd Malvern East with Rae Tomlinson of Marshall [...]
Did it Suck or did it Sizzle? We think it Sizzled!

Did it Suck or did it Sizzle? We think it Sizzled!

At 6pm on Saturday, the James Clearance Rate for $M+ was 71% on the 42 auctions we attended. The Weekly Review Bidderman, our demand indicator, was 1.8 bidders per auction. Volcanoes – Of the 42 auctions we covered, there were seven auctions with 4+ bidders. That’s not bad! Ducks (no bidders):14%    Lone Rangers (1 bidder):27%  Norms (2 [...]
The 6 Auction “Majors”

The 6 Auction “Majors”

Published in the Weekly Review It attracts more anticipation than a Grand Final, and a bigger array of stars than the Cup Carnival. And the results are more telling than the Bathurst 500: that’s what Super Saturday, October 27th represents to the largest array of buyers and sellers on offer this year. This coming weekend was always [...]
Boroondara Weekly

Boroondara Weekly

It was a busy day around the Boroondara auction traps this weekend. Of the 12 auctions we monitored, 9 sold, representing a fairly healthy 75% clearance rate. While the Melbourne-wide Bidderman sat at 1.5, Boroondara Bidderman was slightly higher, at 1.7. We certainly feel the market has lifted; numbers at properties are up, sentiment is [...]
Stonnington Weekly

Stonnington Weekly

This week the talk about buyer expectations continued. The clearance rate was 67% on 12 auctions but next week (Super Saturday) we will have 37 auctions in Stonnington. Bidderman was 1.5 today and of the 3 auctions we covered which sold under the hammer, each had 2 or 3 bidders and a buzz in the crowd. The [...]
Boroondara Weekly

Boroondara Weekly

As we move well into spring, the large train that is the Melbourne property market is slowly starting to move. Of the six auctions we attended this weekend, five sold and Bidderman was a healthy ‘2’. Boroondara is seeing good numbers of people out looking  – and there are some good properties to look at. While auction numbers [...]
Stonnington Weekly

Stonnington Weekly

This week we saw average sized crowds for an average set of properties and, by the end of the day, there was a 100% clearance rate in Stonnington. All five of the auctions we covered hit the mark in terms of having reserves nearer to the quote range and being suitable to a specific buyer group [...]
Bayside Weekly

Bayside Weekly

STOP PRESS Sunday Auction – Brighton, 13 Downes Avenue (Ian Whiteside), This brilliantly renovated 1920s home with wonderful park aspects (James Rating a whopping 877/1000), had a quote price of $3m+.  ‘On the market’  at around $3.2m, it sold under the hammer for $3.6m, with three strong bidders. http://www.james.net.au/rating/13-Downes-Avenue-BRIGHTON We weren’t expecting a buzz [...]
Spring’s first big test – Pass is the mark.

Spring’s first big test – Pass is the mark.

At 6pm on Saturday, the James $M+ Clearance Rate was 65% across the 31 auctions we attended – a solid result. The Weekly Review Bidderman was also a very solid 1.8 bidders per auction. There was a fairly even spread of ducks, lone rangers, norms and volcanoes. This weekend was the Spring Market’s First Big Test, with [...]
What is going on at some Inner Melbourne Auctions?

What is going on at some Inner Melbourne Auctions?

At 6pm on Saturday, the James $M+ Clearance Rate was 62% across the 26 auctions we attended. The Weekly Review Bidderman was 1.5 bidders per auction. Given the small sample this weekend (50 or so auctions at $m+) and the ‘iffy’ quality of some of the stock, we are not forming any real opinion on [...]
That’s more like it – some good news this weekend!

That’s more like it – some good news this weekend!

At 6pm on Saturday, the James $M+ Clearance Rate was 75% – yep that’s 75% across the 28 auctions we attended. The Weekly Review Bidderman was 2 bidders per auction. WOW, what a difference a week makes! Sure, it may be a statistical anomaly and the sample is small – but it’s the first day of [...]
The Double H Price Disease – History & Hope

The Double H Price Disease – History & Hope

At 6pm on Saturday, the James $M+ Clearance Rate was 55% across the 31 auctions we attended. The Weekly Review Bidderman was 1.6 bidders per auction.

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