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Market News » Kew


Boroondara Weekly

Boroondara Weekly
It was a reasonable weekend in Boroondara and the 86% clearance rate certainly indicates that good properties will attract good competition, and that even those that are not so good will sell, as long as they priced correctly. Numbers have been very good at most opens and auctions but, then again, the pickings [...]
Catch a falling star

Catch a falling star

At 6pm on Saturday, the James $M+ Clearance Rate was 44% across the 25 auctions we attended. The Weekly Review Bidderman was 1.4 bidders per auction. Market Summary The market continues to be unexciting in terms of stock levels. There were only 40 or so $M+ auctions this weekend in Inner East and Bayside, when 70 is a [...]
Brushing off the winter cobwebs (sort of)

Brushing off the winter cobwebs (sort of)

At 6pm Saturday, the James $M+ Clearance Rate was 46% across the 24 auctions we attended. The Weekly Review Bidderman – 1.8 bidders per auction. Market Summary Welcome back to Marketnews after a month’s hiatus. When we left you last month, the fridge door had opened on the market and the mood was a little sombre. July hasn’t really [...]
Boroondara Weekly

Boroondara Weekly

Saturday was a reasonable auction day in Boroondara, with the million-dollar-plus market bouncing back with a clearance rate overall of 71% and Bidderman at 1.5  – compared to last week at 45% and 1.4 respectively. I couldn’t say however that there were any runaway prices here. The result was mainly due to vendor adjustment to the [...]
Boroondara Weekly

Boroondara Weekly

There were pass-ins galore this weekend in Boroondara. While numbers at auctions were reasonable, with many perhaps keen to witness for themselves the train wreck that [...]
The Winter of Waiting?

The Winter of Waiting?

At 6pm on Saturday, the James Clearance Rate for $M+ was 45% on the 29 auctions we attended, showing cooler market sentiment on low stock levels. The Weekly Review Bidderman, our demand indicator, was 1.4 bidders per auction, which was a rise on the figure before the long weekend – although it didn’t feel like [...]
First winter weekend – the mood is frosty but the results remain solid for the best in Boroondara

First winter weekend – the mood is frosty but the results remain solid for the best in Boroondara

In Boroondara, the auction mood was a little frosty. But in the jewel suburbs of Kew, Hawthorn and Hawthorn East, 8 from 8 scheduled auction properties sold. Of the 8 auctions we attended, 5 sold – so the news overall was not too bad. Most of the top selling agents continue to get solid results, namely: Scott [...]
It’s Expression of Interest Time @ $3m+ – The Tennis Court Mexican Wave is in.

It’s Expression of Interest Time @ $3m+ – The Tennis Court Mexican Wave is in.

October 29th: Excerpt from October 15th James Marketnews: Want a home with a Tennis Court in Toorak? Got around $6 million dollars? In the last week we visited, assessed and rated: 11 Scotsburn Toorak (Andrew Smith), 10 Montalto Toorak (Mike Gibson) and 25 Scott Glen Iris (Rae Tomlinson). All have tennis courts. The Question: After [...]
There’s a heartbeat in the $3m+ market – and off-market sales are back.

There’s a heartbeat in the $3m+ market – and off-market sales are back.

Week 4 August 27 2011: Not a lot happened at auction in this market this weekend at $3M+, with the exception of 25 Kent Avenue – the action was all last week and it was away from the auctions. Biggest Sale: 25 Kent Ave, Brighton, Leigh Hallamore (Buxton); After auction, $6,400,000, 4 bidders Crowd numbers were high [...]
Uncertain times and new $3m+ stock not as strong as May last year

Uncertain times and new $3m+ stock not as strong as May last year

Week Ending 30th April: Back from a week or two off, this market now, has a fairly clear run till Christmas, with a only brief breaks for a couple of holiday weekends. Over the next four to six weeks we should see more choice and some reasonable activity (although not expected anywhere near [...]
Buyers sit on the fence, hands in pockets.

Buyers sit on the fence, hands in pockets.

At 6pm on Saturday the James Clearance rate for $M+ was 57% on the 30 auctions we attended. That was well down on last week’s cameo of excitement, but understandable giving the quality change between this week and last week at the Top End. Bidderman, our demand indicator, was 1.5 bidders per auction. However the quality [...]
The $3m+ market continued to awaken from its previous non-existence – but away from auctions.

The $3m+ market continued to awaken from its previous non-existence – but away from auctions.

To be frank I wasn’t that excited about running around to auctions today (which is very unusual for me). We videoed the 23 Falmouth St, Hawthorn auction with one of my favourite agents Hamish Tostevin and 4 bidders. But after that I cleaned up my paperwork and looked forward to a week [...]
Market Mojo returns – but is it a One Day Wonder?

Market Mojo returns – but is it a One Day Wonder?

At 6pm on Saturday the James Clearance rate for $M+ was 71% on the 34 auctions we attended. WOW – 71%, a big change from last month. Bidderman, our demand indicator of bidders per auction, was at 1.8. So on our biggest $M+ auction weekend so far this year, when you would expect buyers [...]
10 from 10 on the auctions we covered

10 from 10 on the auctions we covered

We mainly focus on the better quality homes, however 10 from 10 was still a surprise. This stat varies dramatically from our overall monitored auctions stat of just over 50% – similar to last week. It was a Super Saturday in Boroondara with over 50 auctions at $M+ and over 30 sales reported as being [...]
Great buying opportunities in the $3m+ Pre Easter Market, even more so than the 3 week season opener just gone.

Great buying opportunities in the $3m+ Pre Easter Market, even more so than the 3 week season opener just gone.

Week Ending 19th March: Off Markets, Forthcoming Auctions and Expressions of Interest are increasing as market stock levels begin to rise dramatically

Inside James Market News