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Market News » Property


$3m+ market is tracking along well

$3m+ market is tracking along well
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 [...]
Living up to the headlines

Living up to the headlines

At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 70% on the 33 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 2.4. Both are showing a strong market after the footy break. Ducks (no bidder auctions) – 20% Lone Rangers (1 bidder auctions) – 10% Norms (2-3 bidder auctions) [...]
Spring has Sprung & Top End Market is Lifting

Spring has Sprung & Top End Market is Lifting

  The first week of September was all about the Federal Election. Auction activity returned to full swing on September 14. There were four auctions in Melbourne over $3m. See details below. Week Ending September 14, 2013 Biggest Auctions: Toorak, 10 Yarradale Road, Tim Derham (Abercromby’s), under hammer, $4,840,000, 4 bidders 80 or so are comfortably gathered in the backyard [...]
This is a real market – and the bidder rates and stock numbers are telling us that it is going very well.

This is a real market – and the bidder rates and stock numbers are telling us that it is going very well.

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 [...]
Hasta La Vista Winter!

Hasta La Vista Winter!

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 [...]
Market Is Transacting

Market Is Transacting

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 [...]
Port Phillip Weekly

Port Phillip Weekly

Lucky 13 With thirteen properties over the one million dollar mark scheduled for auction in Port Phillip this weekend, there are signs that stock levels seem to be surviving without the need for resuscitation just yet. Mind you, quality will be in the eye of the beholder with some of these offerings. The stand out was [...]
Boroondara Weekly

Boroondara Weekly

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 [...]
Stonnington Weekly

Stonnington Weekly

Stonnington Snapshot This week our enquiry has predominantly been in the up to mid $1 million range – and what a competitive segment this is, in all parts of Stonnington! We bought a single-fronter in Malvern East at a Boardroom auction on Wednesday (with three active bidders) that had been scheduled for auction on Saturday (Daniel [...]
Northern Weekly

Northern Weekly

East Melbourne Terraces A couple of weeks ago we witnessed 160 Powlett Street, East Melbourne going under the hammer for around $1,500,000. There were nine bidders in total and it leaves you wondering where the other eight bidders are looking now. Apartments can be found for this sort of price in East Melbourne, but houses pop up [...]
The Market right now feels like it’s building. It feels like there are very solid conditions out there for another real lift in proceedings. While there is bad news in sport, in politics and in industry – in the Inner Melbourne $M+ Market there seems to be very little bad news this year, especially when it comes to property with good land content.

The Market right now feels like it’s building. It feels like there are very solid conditions out there for another real lift in proceedings. While there is bad news in sport, in politics and in industry – in the Inner Melbourne $M+ Market there seems to be very little bad news this year, especially when it comes to property with good land content.

This Market Is Building!

This Market Is Building!

At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 74% on the 35 auctions we covered. The market had a solid number of offerings, so this represented a good cross-section of what quality homes are doing right now.  The Weekly Review Bidderman, our bidders per auction measurement, was 2.2, up from last [...]
Northern Weekly

Northern Weekly

We had been looking forward to the auction of 155 Clarke Street Northcote (Luke Sacco, Nelson Alexander), a home we rated 659/1000 and one of the strongest looking properties I’ve seen for a while. I was quite taken by this property with its link to the past, yet well renovated for the future. However, unlike the [...]
Some goodies amongst the limited stock

Some goodies amongst the limited stock

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 [...]
Northern Weekly

Northern Weekly

Based on the volume of new properties to hit the market this weekend right across the north-east and inner-north markets, the first Super Saturday of the early spring market in this area may be August 24. Inner North-East Statistically, the first half of 2013 has seen marginally more million dollar plus sales in Ivanhoe, Ivanhoe East and [...]

Inside James Market News