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Market News » Property


Young Homebuyers Issues & Solutions

Young Homebuyers Issues & Solutions
James Market Summary The Inner Melbourne Market is beginning its wind down into the traditional July Winter break. Look at our forward auction stock graphs to the right – most are beginning to shut up shop. Bidderman was down today, however stock quality has also noticeably eased this month. More pass-ins than we have seen for a while, which is [...]
The Market Begins the Big May Run – Hold On!

The Market Begins the Big May Run – Hold On!

Inner Melbourne Values $3M Round Up (Start of May and Some Around Easter Sales of Interest) As we kick into May and look back on April you can see the TOP END is still very healthy – sure some are not selling and some are being withdrawn but its not only Saturday Auctions that are getting [...]
Inner Melbourne is not some property outpost anymore. Inner Melbourne is part of the International Property Market and the world will have to seriously, seriously change for what you are seeing now (INTERNATIONAL BUYERS) to no longer be THE NEW NORMAL.

Inner Melbourne is not some property outpost anymore. Inner Melbourne is part of the International Property Market and the world will have to seriously, seriously change for what you are seeing now (INTERNATIONAL BUYERS) to no longer be THE NEW NORMAL.

The New Normal

The New Normal

James now Smartphone Optimised for easier reading – click horizontal bars in top left hand corner of  iPhone James Market Summary 6.00 pm Saturday May 23rd $M+ Clearance Rate 79% (29 auctions) Bidderman 2.4 Ducks 10% Lone Rangers 14% Norms 48% Volcanoes 28% $M+ Market remained very strong. Significant drop in Bidderman – Is today a statistical anomaly or market easing or indeed simply more buyers placing more [...]
Volcanoes are changing the landscape – as they do!

Volcanoes are changing the landscape – as they do!

James now Smartphone Optimised for easier reading – click horizontal bars top left hand corner of Iphone $1 million dollars more: So what do you do when across the road – same land size and same house sells late in 2014 for $1,900,000 – why you pay $1 million dollars more when Asian buyers duke it out to [...]
It’s Easy to Throw in the Towel – Don’t.

It’s Easy to Throw in the Towel – Don’t.

At 6.00 pm on Saturday, the James Clearance Rate for Melbourne’s $M+ property was 93% on the 29 auctions we covered. The James Bidderman, our bidders per auction measurement was at 3.2. Overall Summary of Melbourne’s Million Dollar-Plus Auctions: Ducks ($M+ auctions with no bidders) 7% Lone Rangers ($M+ auctions with one bidder) 11% Norms ($M+ auctions with 2 [...]
Over Half! Yes over half the auctions today were Volcanoes.

Over Half! Yes over half the auctions today were Volcanoes.

At 6.00 pm on Saturday, the James Clearance Rate for Melbourne’s $M+ property was 92% on the 26 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement was at 3.4. Market Summary The overall market is clear at the start of the May run. The strongest James Bidderman and James $M+ Clearance Rate combination [...]
50% of the homes are still being bought by local buyers – there are solutions

50% of the homes are still being bought by local buyers – there are solutions

At 6.00 pm on Saturday, the James Clearance Rate for Melbourne’s $M+ property was 72% on the 18 auctions we covered. James Bidderman, our bidders per auction measurement was 3.1. Market Summary – Market News Lite Version There have been auction interruptions all April due to three of the four Saturdays being attached to holidays – two past with Easter [...]
In this, as in any market, buying property well for financial and emotional happiness is about making good smart decisions. It shouldn’t be about buying anything to get in or just giving up. We at James think good buying in 2015 is about working smarter not harder.

In this, as in any market, buying property well for financial and emotional happiness is about making good smart decisions. It shouldn’t be about buying anything to get in or just giving up. We at James think good buying in 2015 is about working smarter not harder.

Some Chinese buyers have worked out agent quoting, but many local buyers appear to have not.

Some Chinese buyers have worked out agent quoting, but many local buyers appear to have not.

At 6.00 pm on Saturday, the James Clearance Rate for Melbourne’s $M+ property was 90% on the 30 auctions we covered. James Bidderman, our bidders per auction measurement continues to be through the roof on big stock numbers at 2.9. Hello, did we write 90% on big auction numbers  and Bidderman nearly 3 – is this real? [...]
The Market continues to be Red Hot due to Dominating Buying from Asia. However there our many opportunities. Read our Special Report from the James Land Values Guide in Masterclass.

The Market continues to be Red Hot due to Dominating Buying from Asia. However there our many opportunities. Read our Special Report from the James Land Values Guide in Masterclass.

WOW – 50% of the auctions we covered today were Volcanoes.

WOW – 50% of the auctions we covered today were Volcanoes.

At 6.00 pm on Saturday, the James Clearance Rate for Melbourne’s $M+ property was another mind boggling 86% on the 29 auctions we covered. James Bidderman, our bidders per auction measurement was 3.0. These numbers are late 80’s or 2007 sorts of stats. Overall Summary of Melbourne’s Million Dollar-Plus Auctions: Ducks ($M+ auctions with no bidders) 15% Lone Rangers ($M+ [...]
Boroondara Weekly

Boroondara Weekly

Melbourne’s Land Influences Question: Which suburb in Melbourne is having the greatest influence on land values across all of Melbourne? Is it Toorak, Brighton, Hawthorn or is it Albert Park? These are very influential suburbs and more expensive than the suburb we think is Melbourne’s most influential land value suburb, but it is not any of these. No, Melbourne’s [...]
Bayside Weekly

Bayside Weekly

12 Kyarra Street, HAMPTON BOUGHT* – $3,305,000 This four-bedroom, three-bathroom, architect-designed home spoke for itself. Auctioneer, Steve Wigley stated that more than 400 people had inspected the property and it seemed as if almost half of that number had turned up to the auction. Nevertheless, the start was slow. A vendor bid of $2,600,000 eventually elicited a [...]
Boroondara Weekly

Boroondara Weekly

78-80 Mount Street, KEW BOUGHT* RANGE – $4,617,200 – $5,145,850 Auctioneer Steve Abbott is poolside. He notes the strong prices being paid in Kew and the unprecedented demand for the suburb’s schools. As he calls for bids the spa kicks in and gurgles loudly. Steve may have hoped the auction would bubble along accordingly, however, this was [...]

Inside James Market News