oc | Wednesday 22nd January

Market News » value


Port Phillip Weekly

Port Phillip Weekly
Stock levels are continuing to be an issue in Port Phillip according to Greg Hocking of Greg Hocking Real Estate and Alex Schiavo of Kay and Burton. However, it’s not all bad news. David Lack of Biggin and Scott Real Estate has had a strong week with two off market sales in Port Melbourne and one [...]
Mixed offerings – what was expected to sell did and what wasn’t didn’t – Clearance 50%

Mixed offerings – what was expected to sell did and what wasn’t didn’t – Clearance 50%

James Private Client Briefings contain far greater and more client-specific detail than what you see  below and are available for full service James Search and Negotiate clients throughout Melbourne.Contact  us: For a  private, confidential and no obligation discussion on what is really happening  in your street, precinct and suburb from a buyer’s perspective, contact Architect  [...]
A return to form with 3 sales over $4m under the hammer – Clearance 64%

A return to form with 3 sales over $4m under the hammer – Clearance 64%

A solid day on the Boroondara auction streets today, with 4 sales over $4m under the hammer and an overall clearance rate of 64% for the Million Dollar plus market. Of the eight auctions we featured, 7 sold. Crowds were very good at most auctions at open for inspections – thankfully the rain stayed away but there [...]
The well priced had multiple bidding – 71%

The well priced had multiple bidding – 71%

James Private Client Briefings contain far greater and more client-specific detail than what you see  below and are available for full service James Search and Negotiate clients throughout Melbourne.Contact  us: For a  private, confidential and no obligation discussion on what is really happening  in your street, precinct and suburb from a buyer’s perspective, contact Architect  [...]
A solid enough weekend at 60%

A solid enough weekend at 60%

James Private Client Briefings contain far greater and more client-specific detail than what you see  below and are available for full service James Search and Negotiate clients throughout Melbourne.Contact  us: For a  private, confidential and no obligation discussion on what is really happening  in your street, precinct and suburb from a buyer’s perspective, contact Architect  [...]
Port Phillip Weekly

Port Phillip Weekly

Port Phillip saw a surprisingly strong clearance rate of 83% on the auctions we attended last weekend – albeit on small numbers. Of the five auctions we attended four sold at auction or shortly after – which hasn’t always been the case in Port Phillip. Clearly some vendors are recognising that if they don’t sell [...]
Bayside is slipping a bit – down to 43%

Bayside is slipping a bit – down to 43%

This week in Bayisde, 8 out of the 9 auctions we attended passed-in. Only one sold under the hammer – 18 Crisp St Hampton with Mark Earle of Buxton. Three were bought after and three auctions had 0 bidders. What does this mean for buyers?  The auction system offers transparency as it is a public negotiation [...]
Hot in Broadway – the rest quieter at 54%

Hot in Broadway – the rest quieter at 54%

Patchy and quiet in Boroondara today, with a clearance rate for Million Dollar plus at 54%. One exception was 35 Broadway Camberwell. Campaign agent Steve Burke (Jellis Craig)  had a great property here and he knew it from the start, but just because a property is good doesn’t necessarily mean that it will generate strong interest [...]
Not much on offer and not much happening – at 44%

Not much on offer and not much happening – at 44%

This week in Stonnington, 5 out of the 7 auctions we attended passed-in. Two sold under the hammer and these same two auctions were the only ones with any bidders -35 Highbury Grove Prahran, Andrew Hayne of Marshall White with 3 bidders, and 39-43 Mayfield Ave Malvern with Gerald Delany at Kay & Burton, also [...]
Bayside quiet with few auctions and fewer sales

Bayside quiet with few auctions and fewer sales

This week I was looking forward to being back producing Market News after a 3 week hiatus. But this break was not only due to school holidays, it was due to low stock levels of quality homes. During recent weeks, our enquiry levels for our buyer advocacy service have been solid. Within Bayside, the people I [...]
Good properties well supported in Boroondara

Good properties well supported in Boroondara

Of the 9 auctions we attended, there were 22 bidders in all – putting Boroondara Bidderman at a healthy 2.4. Well-priced properties are selling – and the clearance rate was 55%. One interesting auction was for 29 Mayston Street Hawthorn East (Greg Toogood Jellis Craig / James Tostevin Marshall White). I visited the property a week [...]
Low stock levels sending buyers off-market in Stonnington

Low stock levels sending buyers off-market in Stonnington

This week there were only 2 auctions reviewed in Stonnington and it seems there will be only a slight increase in auction numbers coming up in May. We took a break from producing Market News not just due to school holidays but also due to low new stock levels of quality homes. During recent weeks, our enquiry [...]
Properties sold before auction keep buyers on their toes

Properties sold before auction keep buyers on their toes

There was a surprising sale this week that showed the value of buyers keeping ahead of the competition. This was the sale, two weeks before auction, of 177 Mills Street Albert Park, through Michael Coen of Hocking Stuart Real Estate, in the range of $2.3 million to $2.5 million. On the corner of Mills [...]
A drop from last week at 62% but 3 solid sales over $3million

A drop from last week at 62% but 3 solid sales over $3million

James Private Client Briefings contain far greater and more client-specific detail than what you see  below and are available for full service James Search and Negotiate clients throughout Melbourne. Contact  us: For a  private, confidential and no obligation discussion on what is really happening  in your street, precinct and suburb from a buyer’s perspective, contact Architect  [...]
Everyone we reported on was bought – 9 from 9 –70% on all auctions in Bayside

Everyone we reported on was bought – 9 from 9 –70% on all auctions in Bayside

James Private Client Briefings contain far greater and more client-specific detail than what you see below and are available for full service James Search and Negotiate clients throughout Melbourne. Contact us: For a private, confidential and no obligation discussion on what is really happening in your street, precinct and suburb from a [...]

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