oc | Sunday 15th December

Market News » marshall white


Back after a spell and it’s steady as she goes

Back after a spell and it’s steady as she goes
At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 63% on the 30 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 1.9. Market Summary Welcome back after the Easter break. Wow! What a finish we saw to the market pre Easter – it was strong in numbers on all [...]
Boroondara Weekly

Boroondara Weekly

This weekend saw a solid result in Borondara with 66% on 70 auctions, concluding the first quarter of 2013 with the same strength and up-vibe sentiment that we saw at the end of 2013. There were four bidders for 6 Hepburn Street in Hawthorn East, taking the price to $4,415,000. Kew saw a sale [...]
Port Phillip Weekly

Port Phillip Weekly

Clearance rates dropped to 54% on 17 auctions in Port Phillip this weekend, after several weeks of solid results in this area. The biggest sale was for 397 Howe Parade in Port Melbourne, which sold under the hammer for $1,541,000 under two bidders. But another in Port Melbourne, at 26 Beach St, had no [...]
Stonnington Weekly

Stonnington Weekly

With a massive 47 auctions this weekend, Stonnington had a healthy 70% clearance rate overall – although clearance rates were less robust in the $2 million plus segment, at just 50%. Of the 8 auctions we covered this weekend, 2 were bought before, 2 were ducks, 1 was a lone ranger,1 was a norm and 2 [...]
It’s official: the Top End is moving, with 40+ buys this month

It’s official: the Top End is moving, with 40+ buys this month

Week Ending 23rd March – We are now seeing The A graders are having multiple bidders – look at the number of volcanoes The B graders are getting mopped up – check old stock records The C graders are being considered by those [...]
Port Phillip Weekly

Port Phillip Weekly

Gridlock With the Grand Prix on this weekend, normally sleepy Port Phillip is currently clogged up with bollards and crowd controllers directing traffic. Key agents Michael Coen (Hocking Stuart) and Kaine Lanyon (Marshall White) agree that this means there will be little, or no real auction action over the next two weekends with only five auctions [...]
Bayside Weekly

Bayside Weekly

Bay View There were over 20 auctions on in Bayside again this weekend. But even while other areas of Melbourne continued to see strong clearance rates (Boroondara 77% for February 23 and March 2; and Stonnington 78% and 85% respectively), Bayside clearance rates on March 2 were down considerably on the previous weekend. Only 44% of the [...]
Boroondara Weekly

Boroondara Weekly

While it was nice to take a breather last week, the property market in million-dollar-plus Melbourne certainly looks to be rolling on in a positive way. Some recent sales of interest: 25 Redmond Street, Kew (James Tostevin, Marshall White) – This sold strongly before auction for around the $2.9m mark. Bought for land value only, and working [...]
Stonnington Weekly

Stonnington Weekly

Stonnington Snapshot The positivity in the market has continued into March with over 2 bidders at 6 out of the 7 auctions we covered today. There is now consistent evidence of buyers showing their readiness to transact. I was talking with Rae Tomlinson from Marshall White during the week, and she agreed: “There is activity happening [...]
Lets look at the $3m+ – how is it going?

Lets look at the $3m+ – how is it going?

At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 56% on the 34 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 1.8. Both these stats were down on last week and ducks (no bidder auctions) were up. But given the early REIV Clearance rate was still [...]
Boroondara Weekly

Boroondara Weekly

There is a good feel to the market right now. Buyers are positive and vendors also seem to be on board and prepared to meet the market. Along with this, the media is mainly positive about the market, which always helps. I must say some properties that I felt would struggle (e.g. those with compromised [...]
Stonnington Weekly

Stonnington Weekly

Last weekend was the first test of the market and Stonnington passed with almost an “A” grade (in the old school standards), with a healthy 78% clearance rate.  This weekend we went even better with a strong 85% clearance rate overall. Of the 8 auctions we covered,  2 were bought before, 2 had no bidders and [...]
Depth of demand holds up on another weekend of big numbers.

Depth of demand holds up on another weekend of big numbers.

At 6.00 pm the James Clearance Rate for Melbournes $M+ was 65% and The Weekly Review Bidderman, our bidders per auction measurement, was a solid 2.2. Last weekend we reported a strong start for our first Super Saturday, with Bidderman a very healthy 2.2 bidders per auction on big numbers of stock on offer with almost everywhere [...]
Boroondara Weekly

Boroondara Weekly

After a reasonable start, on February 16, how will the market respond to larger auction numbers? February 23 represented our first Super Saturday of 2013, with 147 auctions for properties over $1,000,000. The results were strong today for Boroondara in the $1m plus market. Bidderman remained firm at 2.2 and the hammer rate a very [...]
Stonnington Weekly

Stonnington Weekly

This year seems to have started where it left off – with a sense of buyers wanting to transact. Stonnington Snapshot Last year we did almost a third of our business for the year in the last 6 weeks of the year. In fact, we worked on deals till Christmas. Of particular interest were a [...]

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