BY Mal James 25th November 2013
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, [...]
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 James Buyer Advocates 16th November 2013
With Christmas in everyone’s sights, the next four to five weeks is likely to be interesting. Will the year finish off as strongly as it did last year? Only time will tell.
In terms of new properties coming on to the internet, we really only have two weeks left. Although I suspect that we’ll still be [...]
BY Mal James 16th November 2013
At 6.00pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 53% on the 38 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 2.3.
This market is really splintering down the middle, and this weekend’s stats show this starkly. When you’ve got a clearance rate down to 53%, [...]
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 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 31st August 2013
At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 69% on the 39 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 2.
Ducks (no bidder auctions) –23%
Lone Rangers (1 bidder auctions) – 17%
Norms (2-3 bidder auctions) – 46%
Volcanoes (4+ bidder auctions) – 14%
Another win [...]
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 17th August 2013
The market continues to perform well and on my regular chats with agents the feedback is very positive. Interestingly, the clearance rates at the bigger firms for auctions are more often than not exceeding the average clearance rate.
This week we continue the focus on the $3 million plus Boroondara market.
Among the recent activity at this [...]
BY Mal James 10th August 2013
At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 67% on the 36 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 1.7 – a little down on previous weeks.
Ducks (no bidder auctions) – 19%
Lone Rangers (1 bidder auctions) – 25%
Norms (2-3 bidder auctions) – 45%
Volcanoes (4+ bidder [...]
BY Mal James 3rd August 2013
At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 74% on the 34 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 2.2
Ducks (no bidder auctions) – 25%
Lone Rangers (1 bidder auctions) – 9%
Norms (2-3 bidder auctions) – 47%
Volcanoes (4+ bidder auctions) – 19%
A win to [...]
BY Mal James 15th June 2013
At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 76% on the 38 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 2.3, which is much stronger than it was this time last year (hovering 1.5). Wow Bidderman 2.3!
In terms of bidder demand at auctions, the breakdown was:
Ducks [...]
BY Mal James 1st June 2013
At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 77% on the 39 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 1.9 – back up to bordering on strong!
In terms of bidder demand at auctions, the breakdown was:
Ducks (no bidder auctions) – 26%
Lone Rangers (1 [...]
