oc | Sunday 15th December

Market News » Elwood


Covering Albert Park, St Kilda, Elwood, Brighton, Hampton and Sandringham $1m+ homes

Covering Albert Park, St Kilda, Elwood, Brighton, Hampton and Sandringham $1m+ homes
Hocking Stuart’s Peter Kennett stated he had four auctions today and 18 bidders in total. Let Hocking Stuart’s Barb Gregory tell us about the story of the lady in Sydney who, on Saturday morning, was eating porridge when she had a thought about 10 Murph y St Brighton. This is a home she [...]
News of Albert Park, Elwood, Brighton, Hampton and surrounds.

News of Albert Park, Elwood, Brighton, Hampton and surrounds.

Brighton still has more than 100 $1 million-plus properties up on the net for sale and that is double the combined number for Hawthorn and Kew at this level. So stock levels or, more succinctly, unsold stock levels are the main reason why Bayside is seeing the weakest of the price [...]
Sam Gamon from Elwood’s Chisholm and Gamon

Sam Gamon from Elwood’s Chisholm and Gamon

Sam Gamon is one of the most enthusiastic young auctioneers we have met. Noisy, alive and full of corny jokes (really corny). But he does get the job done.  Chisholm and Gamon have a bit of a stranglehold on Elwood and, if you are dealing in property in this area, then Sam will, [...]
The market is showing some signs that it is healthier than many outsiders believe. Stock levels are still incredibly low.

The market is showing some signs that it is healthier than many outsiders believe. Stock levels are still incredibly low.

It’s 6pm Saturday and the James $1 million-plus clearance rate is 77%. The market seems healthy at present. Today’s Herald Sun said the market had fallen in price and that is correct; however, if there was meant to be an implication that the $1 million-plus market is today dead or in the [...]
What’s been happening in Brighton at the Top End since Christmas

What’s been happening in Brighton at the Top End since Christmas

Ian Jackson, sales director of JP Dixon, is a man we can relate to: single malts, fly-fishing and a Brighton lover. Geez, I can’t believe I just wrote this – we’ve lost half our audience already. Seriously, Ian is a man I have enjoyed doing deals with. He does stick to his [...]
Interview – Geoff Cayzer, Cayzer Real Estate

Interview – Geoff Cayzer, Cayzer Real Estate

EXECUTIVE SUMMARY Geoff with his silver hair is the most recognisable agent and auctioneer in Albert Park, having been round for decades. He always has a smile on his face and in our opinion genuinely trying to help all he comes into contact with especially his selling clients. His auctioneering style is [...]
Note to self: Just get into the market!

Note to self: Just get into the market!

The average clearance rate of 63% over the weekend is being held-up by apartment sales. Across metropolitan Melbourne this week, the apartment clearance rate was 76% compared to houses at 58%. What is this telling us? Astute buyers are seeing great buying opportunities in the market place. These buyers may [...]
Market Comment.

Market Comment.

More of the same this week as we have seen for the last few weeks – the good ones below a million are selling well –the rest is a bit hard to pick. One thing we feel buyers need to consider is their post auction or long term private sale [...]
Buy one or two?

Buy one or two?

A lot of clients ask for advice on spreading their portfolio; not unlike the concept of spreading your investments in the share market to protect you from highs and lows of stock market performance. In our experience, property, when bought well, works a little differently. This is how I [...]
Here is a good example of a property in sought after leafy Elwood  that has some less than ideal physical characteristics.

Here is a good example of a property in sought after leafy Elwood that has some less than ideal physical characteristics.

3/38 Tennyson Street, Elwood. We Rated 556 out of 1000 (click here for full rating) No bathroom downstairs (not even a toilet), a street that does carry some traffic, no undercover car parking and the laundry is upstairs. There was a good crowd at the auction, auctioneer issued a vendor [...]
Market News

Market News

For once we say believe what you read in the papers – the market has started with some incredible buyer force, in some cases panicked demand; and with stock levels now seemingly stabilizing at levels a lot lower than say 3 years ago (sort of like our water) this has resulted in [...]

Inside James Market News