BY Mal James 8th April 2014
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 – [...]
BY Mal James 5th April 2014
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 [...]
BY Mal James 30th March 2014
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 [...]
BY Mal James 29th March 2014
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 [...]
BY Mal James 1st March 2014
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 [...]
BY Mal James 22nd February 2014
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 [...]
BY Mal James 30th November 2013
At 6.00pm on Super Saturday the James Clearance Rate for Melbourne’s $M+ property was 62% on the 43 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 1.8 – down on last week.
Ducks (no bidder auctions) – 24%
Lone Rangers (1 bidder auctions) – 18%
Norms (2-3 bidder auctions) – 45%
Volcanoes (4+ [...]
BY Mal James 23rd November 2013
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 [...]
BY Mal James 9th November 2013
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 [...]
BY Mal James 26th October 2013
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 [...]
BY Mal James 14th October 2013
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 [...]
BY Mal James 19th September 2013
The first week of September was all about the Federal Election. Auction activity returned to full swing on September 14. There were four auctions in Melbourne over $3m. See details below.
Week Ending September 14, 2013
Biggest Auctions:
Toorak, 10 Yarradale Road, Tim Derham (Abercromby’s), under hammer, $4,840,000, 4 bidders
80 or so are comfortably gathered in the backyard [...]
BY Mal James 14th September 2013
At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 81% on the 36 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 2.3.
Ducks (no bidder auctions) –18%
Lone Rangers (1 bidder auctions) – 13%
Norms (2-3 bidder auctions) – 45%
Volcanoes (4+ bidder auctions) – 24%
Another win to the Norms!
Market
This [...]
BY Mal James 24th August 2013
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 [...]
BY James Buyer Advocates 10th August 2013
We had been looking forward to the auction of 155 Clarke Street Northcote (Luke Sacco, Nelson Alexander), a home we rated 659/1000 and one of the strongest looking properties I’ve seen for a while. I was quite taken by this property with its link to the past, yet well renovated for the future. However, unlike the [...]
