oc | Sunday 8th December

Market News » Sandringham


$900,000 For The Wrong Property!

$900,000 For The Wrong Property!
Congratulations to Bayside agents, Buxton who this weekend sold the unsaleable! The auction of a  Californian Bungalow at 8 Hastings Street Hampton was hotly contested with a sale price of $835,000. A fantastic result for a property, that we would not recommend a client to buy. Buying the wrong property [...]
Multiple Bidders if it’s the right property. Rarity and Uniqueness are still qualities people will pay money for.

Multiple Bidders if it’s the right property. Rarity and Uniqueness are still qualities people will pay money for.

OVERVIEW Houses Very few million dollar houses offered in the Blue Ribbon Suburbs – eg Brighton, Toorak or Hawthorn. The “Blue Chip Fringe” eg Glen Iris, Balwyn Nth and Sandringham was still proving a tough battleground for both buyer and sellers. Why for buyers as well? Well you really do [...]
Market Update Summary

Market Update Summary

Dear reader, We thought it appropriate to put out a note now, rather than wait till our next newsletter. The upper end housing market is moving in interesting times. Market�Update Summary • Off market purchases are increasing. • Number of pass-ins are increasing. • Number of buyers per auction are decreasing. • Clearance rates are decreasing. • Runaway unexpected results are decreasing. • Fringe [...]
What is driving the market?

What is driving the market?

Market News To say the market is experiencing incredibly growth in capital values is an understatement. Last year we reported values increasing by as much as 30% despite what the stats people were saying and there are ever greater increases this year. These large increases as per most of the rest [...]
Market News

Market News

For once we say believe what you read in the papers – the market has started with some incredible buyer force, in some cases panicked demand; and with stock levels now seemingly stabilizing at levels a lot lower than say 3 years ago (sort of like our water) this has resulted in [...]
The Market September 2006

The Market September 2006

The Market Following up on our August Newsletter, last month we said we would report back to you fairly quickly on what is happening in the market. Have interest rates had any effect? Overall in the inner city good quality markets ($400k – $4M) we have seen no drop off effect whatsoever due [...]
Market News March 2006

Market News March 2006

Overall the market for good quality family homes is currently in a spike – this spike is similar to the “good quality home” spike just after the last federal election. By spike we mean sale or purchase results well above the existing upward trend line. Balance this with our opinion that the outer [...]

Inside James Market News