oc | Saturday 7th December

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The world returns to normal on a Saturday – it’s Auction Time!

The world returns to normal on a Saturday – it’s Auction Time!
At 6.00 pm on Saturday, on our first auction day of the year for Inner East and Bayside we have been to thirteen auctions – all had bidders and all sold. Bidderman was 3. No emphasis on stats today as there were very few $M+ auctions and this was a small sample. Inner Melbourne’s big auction games [...]
Inner & Northern Weekly

Inner & Northern Weekly

Warehouses by Adam Gardner While the numbers of new public listings is starting to slow down somewhat in the Inner Melbourne areas as Christmas approaches, there are still a number of properties that should garner some interest when they go under the hammer. In fact, the number of warehouse conversions on the market is significant at [...]
Apartments

Apartments

This week, we have focused on townhouses, as most buyers consider both simultaneously  – at least at the beginning of their search. Making a decision to move to an apartment or a townhouse? Are you asking the right questions? By John Hazen After living in a house on a suburban block for most of their lives [...]
2014 is going out with a bang!

2014 is going out with a bang!

At 6.00 pm on Saturday, on a day where there were around 150 $1m+ scheduled auctions across Inner East and Bayside, the James Clearance Rate was 71% on the 38 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement was at 2.2.  After a slight breather last week, it looks like the year [...]
Apartments

Apartments

Thinking Apartments The resale apartment market is as strong now as it has been for many years and this is mainly due to the combination of the baby boomers losing their kids, agents knocking on doors offering incredible money and the continuing strength of the overseas Asian market. We like apartments as lifestyle buys, however just because [...]
Inner and Northern Weekly

Inner and Northern Weekly

  Inner City 417 Canning Street Carlton North sold today with 2 bidders for not much under $3,000,000 in a fairly solid market statement on the value of a major land proposition. As we mentioned last week, there are currently 2 other similar propositions (albeit with their own unique characteristics) at 918 and 973 Drummond Street which [...]
Inner City and Northern Weekly

Inner City and Northern Weekly

Fitzroy has three unusually large major renovation propositions on the market right now in 918 Drummond Street http://www.james.net.au/rating/918-Drummond-Street-CARLTON_NORTH (Nicholas West, Nelson Alexander) and 973 Drummond Street http://www.james.net.au/rating/973-Drummond-Street-CARLTON_NORTH (Alan Cove, Biggin & Scott) and 417 Canning Street, Carlton North http://www.james.net.au/rating/417-Canning-Street-CARLTON_NORTH (Nelson Alexander, Peter Stephens) All three have big blocks and a lot of space to use, but probably require [...]
Apartments

Apartments

Apartment Action Now that the usual winter hibernation is over for the apartments market (for most builders and most bidders) we have seen some good sales for apartments this early Spring – sales of apartments which are set apart from most with some sort of Wow, a big or small emotional factor. Supply and demand for apartments [...]
Stock, Stock, Stock and it’s Good!

Stock, Stock, Stock and it’s Good!

At 6.00 pm on Saturday, the James Clearance Rate for Melbourne’s $M+ property was 66% on the 32 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement was at 2.3. Both Clearance and Bidderman rates are solid as we head into two big auction weekends before the Melbourne Cup. How good is [...]
Walking The Walk

Walking The Walk

So the talk is over, now its time to walk to the walk. For 20 minutes a week over the last 7 weeks of this series you have been given the keys to a happy homebuying life. You have been given a million dollar gift as promised. Question is; will you take that gift, open the door and [...]
Negotiation at the Pointy End

Negotiation at the Pointy End

The Age. Weekly Review, James Buyer Advocates Young Homebuyer is an 8 part series designed to take young homebuyers through the entire homebuying process from the inside. This week is the second last. The Pointy End. The Money Part. The Negotiation. Are you a good Negotiator? Why not take the Harvey Norman test? Before you take on the $800,000 negotiation [...]
Practical Valuing

Practical Valuing

This week we have gone practical in the quest for a million dollar good home buying decision. This is a supplementary article to Article 5 on values in The Age, Weekly Review, James Buyer Advocates eight article series – Young Homebuyers Guide. How do we put a number to our value opinion? In today’s modern society we [...]
Valuing a Home

Valuing a Home

The Age. Weekly Review, James Buyer Advocates Young Homebuyer series is designed to take homebuyers through the entire homebuying process from the inside. Today in our young buyer series we are talking about VALUES and how understanding the true nature of value will put a fair chunk of that promised $1,000,000 into your back pocket. Apartment: In 2000 [...]
The Market is splitting as it normally does with the Spring Influx.

The Market is splitting as it normally does with the Spring Influx.

At 6.00 pm on  Saturday, the James Clearance Rate for Melbourne’s $M+ property was 65% on the 37 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement continued its impressive run at 2.4. Today we did cover a lot of $3M+ homes that needed some work  – and a lower clearance rate [...]
Young Homebuyers. Futureproof your plan and get $M

Young Homebuyers. Futureproof your plan and get $M

The Age. Weekly Review, James Buyer Advocates Young Homebuyer series is designed to take homebuyers through the entire homebuying process from the inside. The article series has become the biggest read online series of its type. It has been been published throughout Australia and internationally. It continues on from James Home Ratings – an industry standard in [...]

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