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Market News » Brighton


Last auction hurrah before winter sets in

Last auction hurrah before winter sets in
At 6.00 pm on Super Saturday, the James Clearance Rate for Melbourne’s $M+ property was 63% on the 27 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 1.8. Both figures are down on last week. In contrast to last week’s strong results and high number of bidders, we were [...]
Bayside Weekly

Bayside Weekly

There were mixed results last weekend, which was also a ‘Super Saturday’.  Bidderman dropped to an average of 1.7 bidders per property and whilst this is not alarming (it is only the fourth weekend we have covered this year that has averaged under 2, and the other three were on lesser quality, low stock weekends), [...]
May ends on another Super Saturday

May ends on another Super Saturday

Week Ending, Saturday, May 31 A String of Super Saturdays In the last 18 months or so, there has been continuous growth in the market, with steady demand and supply levels. Today was the second Super Saturday in seven days, with 176 auctions above the $1 million mark, after last weeks 145 or so.  That comes after a [...]
Some strength but lacking consistency

Some strength but lacking consistency

At 6.00 pm Saturday, the James Clearance Rate for Melbourne’s $M+ property was 66% on the 34 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 1.7. Both these statistics are still solid but they appear to be flattening. Overall Summary of Melbourne’s Million Dollar Plus Auctions: Ducks ($M+ auctions with no [...]
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 [...]
Market Feels A Bit Quieter at the Top End

Market Feels A Bit Quieter at the Top End

At 6.00pm Saturday, the James Clearance Rate for Melbourne’s $M+ property was 61% on the 23 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 2. Given there were very few auctions this weekend because of the Easter campaign interruptions, we are not reading too much into these stats. Overall Summary [...]
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 [...]
Second Super Saturday in seven days and the upper auction market burps

Second Super Saturday in seven days and the upper auction market burps

At 6.00 pm Saturday the James Clearance Rate for Melbourne’s $M+ property was 56% on the 45  auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 1.7. Market Summary On the face of it that was a big drop from last weekend’s “red zone” numbers. We agree – but it should be noted that our [...]
2014 First Super Saturday – The Early Birds are out in force!

2014 First Super Saturday – The Early Birds are out in force!

At 6.00 pm Saturday and the James Clearance Rate for Melbourne’s $M+ property was 71% on the 42 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 2.6. All three of those numbers are exceptionally strong – there is no other way to read them! This weekend was the first big [...]
Some strong results away from auction

Some strong results away from auction

Week Ending Saturday, November 30 Biggest Auctions: Port Melbourne, 25 Beach Street, Oliver Bruce (Marshall White), after auction, $5,175,000, 4 bidders Over 80 people poured into the kitchen/living area of 25 Beach street, Port Melbourne today to see Oliver Bruce put the home to auction…(See More in Auction Reports) South Yarra, 17-19 Alexandra Avenue, Tim Derham (Abercromby’s), after auction, [...]
Back in the Red Zone!

Back in the Red Zone!

At 6.00pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 79% on the 38 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 2.2. That’s a big rebound from last week. But the stock was very different and we saw a lot less properties above $3 million. It [...]

Inside James Market News