EOI Auction Brilliant Agent Innovation

A $10.1 million reserve. A Wednesday auction. And a week with no cooling off. One Toorak sale may have just rewritten the rules for Melbourne’s top end, and we bought a half-acre in Kew the hard way. Here’s what every top-end buyer and seller needs to know now.

a little ray of sunshine has come into our world!

64% Sold. Low Stock. But Some of the Best Numbers We’ve Seen This Year.

Well, well, well. A little more positive news from Melbourne’s top-end auction market.

Across Boroondara, Stonnington and Bayside/Port Phillip, we monitored 33 scheduled auctions, with 21 properties sold — a 64% sales rate.

No Reservations: Reserves Are Good

This week in Marketnews, we’re covering published reserves, and in our opinion, they’ve been a complete success.

Yes, the market is still very difficult and prices are still falling, but the reserves themselves have worked.

Successful Difficult Conversations

Finding It Is Only Half The Job

Last week I told you I was back out on the trail, letterboxing Armadale for an overseas client. I said a few weeks ago the off-market wasn’t performing, and I hoped to be proven wrong.

Well, the phone has rung.

150 letters. Four responses. One property now of genuine interest.

Profitable Conversations

Clearance rates are in the high 50s. Bidders per auction are in the low ones. Both numbers say the same thing. The market is still falling.

Professional Conversations Facilitate Happiness

Give me somebody with a $3m house who understands they may get $2.8m, while there’s a good $5m house down the road we can buy for less than $4m?

Professional Conversations are Positive & Ethical

Professional conversations. Some positive outcomes. But every one was difficult. A successful week.

Solutions

Three Solutions: This Could Be a Great Market for You as a Buyer
be you a doctor, finance professional, mum and dad, business executive…be you someone slightly contrarian and has to as your kids haven’t stopped growing and/or is willing to act.

Early Spring Market

Because in this market, perhaps more than we’ve seen for a long time, knowing the true value isn’t an interesting discussion.

It is the deal.

It Was But Now It Is

You don’t need the old market back.
You just need to understand the new one.
And use it well.

The Market Isn’t Just Slow

2026 Mid Year Melbourne Luxury Property Report

Market Today – Post Budget – Real Auctions

So Where Is The Market Now post Budget?

The market is weak, but feels like the falling may be flattening a little.

At the top end above $10 million; activity is extremely thin, if not non-existent.

At the lower end, around $1 million to $2 million, demand remains relatively strong for A and even B-Graders. C-Graders nope!

In the middle market the $3 million to $6 million space that we focused on this week; it is very precise.

Alternatives To Not Selling …. ACTUALLY SELL

How to Sell Your Home In This Market

Ruminators, Collaborators, Determinators

It’s been an interesting week.

Not dramatic. Not explosive. But layered.

A few small shocks. A few quiet wins.

Craig Tiley Beachfront Offer with 1% Any Agent Twist

Craig Tiley – 73 Nepean Highway Aspendale

Looking for a solution rather than a problem?

Manners, ethics, decency. I know they are not trendy at the top levels of life right now, but they still work, they still grease the wheels of life very effectively.

Looking for transparency, for a solution rather than a problem can make life sweet and they are there if you want to find them. Underrated but very efficient.

Real Positive Solutions

How do you sell your property – become one of the three out of ten that actually transact — and simultaneously buy one of the seven that aren’t moving? How do you turn this market, which feels for many like a trap, into the single best financial move you’ve made in a decade?