oc | Thursday 12th December

Market News » Stonnington


National Trust and Council’s Individual Home Heritage Policies – We respectfully disagree.

National Trust and Council’s Individual Home Heritage Policies – We respectfully disagree.
Opinion This is a response to Kristin Stegley’s (The Age Sep 17th) and the Age editor’s (Sep 3rd) articles. I respect their positions and I respect the opinions expressed. However, I do not support The National Trust and Melbourne Metro Council’s heritage protection orders going onto on individual homes if the owner is in disagreement. Background What is [...]
Lower Stock – Lower Dollars – Higher Bidderman – Surprise

Lower Stock – Lower Dollars – Higher Bidderman – Surprise

Today was the first real market test we have seen since March, as April was a holiday write-off and the auction campaigns had to start from scratch, post-school holidays. The best way to describe today’s market was, interesting.  We were marginally surprised with the strength of today’s result but it’s a small sample and today of all days, [...]
Life is good

Life is good

G’day Mal James here. I wrote this piece as I wanted to. I have written about how I feel in this market and I’m not asking you to feel the same way. So it’s ok to switch off now rather than wade through my mud, but there are some sprinkles of gold in here by the way! Life is good I love what [...]
We are learning to love this market

We are learning to love this market

We love the Inner Melbourne property market right now. We love where it is heading short term and how it will be reacting, possibly in the medium term and almost certainly in the longer term. The current statistics, trends and yes, even the mainstream press, are on the money when they express that the market is experiencing [...]
The lesson(s) of 2018

The lesson(s) of 2018

9 am \ Surrey Hills Day started with a visit to an off-market home in Surrey Hills. This home has been for sale for over a year. Why? Price. To be an A-grade property you need to have all three Ps – good Property (building), good Position (land) at a good Price (market). This home had two out of three. In [...]
Market moving from regulated to unregulated?

Market moving from regulated to unregulated?

At 6.00pm the James Clearance rate for $M+ Inner Melbourne family homes was 50% on the 26 Auctions we covered in the Pre Xmas 100 Auction test today. James Bidderman that is, bidders per auction, was 1.2, indicating the overall market is still easing/falling in price.  Bidderman needs 2 to tango and 3 to party – 1 is the loneliest number if you’re [...]
Stonnington No. 1. It has taken back from Boroondara the title of strongest top-end market

Stonnington No. 1. It has taken back from Boroondara the title of strongest top-end market

It’s official, we have a new No. 1!

It’s official, we have a new No. 1!

At 6.00pm the James Spring 100 Auction Clearance Rate for $M+ Inner Melbourne family homes was 53% over the 3-week market test period (Aug 25, Sept 1 and 8). Last week our heading was Wipeout – it was a shocking day on the streets (31%) –  today (66%) the results are a bounce back to the previous week (61%) [...]
Yep, its a big drop – how to deal with it!

Yep, its a big drop – how to deal with it!

Welcome to the early beginnings of the Melbourne Spring buying and selling market. Auctions start in a few weeks time. This weekend’s James Market Insight, is the first in a series of three, about how you can best manage yourself in what’s to come. Why manage yourself? One: If you cannot manage yourself, then you dramatically increase your chances of [...]
Is now a good time? 6% bought under the hammer today!

Is now a good time? 6% bought under the hammer today!

A-Graders are still selling! However, this was the only home we saw sell under the hammer today. There were 3 bidders at 2 Irymple Avenue, Glen Iris which  sold for $2,750,000, John Morrisby. Contents: 1. Under the Hammer 2. Is Now a Good Time? 3. Dr. Good Strategy 4. Around the Grounds – Auction Reports 5. Market Fresh – one-liners on 25 Top [...]
October Market Review  / Stonnington Heritage Reversal

October Market Review / Stonnington Heritage Reversal

October Market Start  / Stonnington Heritage Reversal

October Market Start / Stonnington Heritage Reversal

Contents October Market Start Edition 1. October Market Start 2. Inside James – An incredible story from Malvern East to Tanzania 3. Game Changer – Stonnington Heritage Reversal It (usually) attracts more than a Grand Final, a bigger array of stars than the Cup Carnival – the results are more telling than the Bathurst 500: that’s what Super Saturday, October 28th will represent to [...]
Surviving Stonnington Heritage

Surviving Stonnington Heritage

Stonnington’s own residents are being heavily impacted by Stonnington’s “one-off, one-out (random)” Heritage Strategy. It’s the “one-off, one-out” that is the key. It’s the implementation of strategy, not the overall policy, that is hurting the Stonnington Community. Welcome to the third of three articles on a Heritage War happening in your neighbourhood. Your real enemy is your council’s Heritage Strategy; not [...]
Game Changer – Stonnington Council Destroys Auction

Game Changer – Stonnington Council Destroys Auction

Game Changer – Stonnington Council Destroys Auction

Game Changer – Stonnington Council Destroys Auction

At 6.00pm Saturday, the overall Inner Melbourne $2M+ market results: Family Home Clearance Rate of 81% on the 36 Inner Melbourne $M+ auctions we covered. Combined with James Bidderman (bidders per auction) @ 1.7 on lowish auction stock numbers. Is the market on a turn? As we said last week, for the first time in a long while, the ingredients [...]

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