oc | Sunday 8th December

Market News » value


Balwyn – not Toorak or Brighton – saw 40% of this weekend’s $3m+ sales

Balwyn – not Toorak or Brighton – saw 40% of this weekend’s $3m+ sales
At 6.00pm Super Saturday, the James Clearance Rate for Melbourne’s $M+ property was 71% on the 38 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 2.1. Both stats are up on the last few weeks. Overall Summary of Melbourne’s Million Dollar Plus Auctions: Ducks ($M+ auctions with no [...]
Market Continues to Alter its Trajectory

Market Continues to Alter its Trajectory

At 6.00pm Saturday, the James Clearance Rate for Melbourne’s $M+ property was 68% on the 34 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 2 Overall Summary of Melbourne’s Million Dollar Plus Auctions: Ducks ($M+ auctions with no bidders) 23% Lone Rangers ($M+ auctions with one bidder) 17% Norms ($M+ auctions with 2 [...]
Interested in Expressing Interest?

Interested in Expressing Interest?

With the break in traffic due to last week’s long weekend, how did we finish up this weekend after the shaky Second Super Saturday a fortnight ago? At 6.00pm Saturday the James Clearance Rate for Melbourne’s $M+ property was 66% on the 35 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 1.7 Overall Summary [...]
Second Super Saturday in seven days and the upper auction market burps

Second Super Saturday in seven days and the upper auction market burps

At 6.00 pm Saturday the James Clearance Rate for Melbourne’s $M+ property was 56% on the 45  auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 1.7. Market Summary On the face of it that was a big drop from last weekend’s “red zone” numbers. We agree – but it should be noted that our [...]
An up and down end to 2013

An up and down end to 2013

At 6.00pm on Super Saturday the James Clearance Rate for Melbourne’s $M+ property was 62% on the 43 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was at 1.8 – down on last week. Ducks (no bidder auctions) – 24% Lone Rangers (1 bidder auctions) – 18% Norms (2-3 bidder auctions) – 45% Volcanoes (4+ [...]
Port Phillip Weekly

Port Phillip Weekly

Parking Mad The old timers of 100 years ago could never have anticipated that their old dunny lanes would take on such a different use n the future. The lanes that once allowed the dunnyman (or night soil man) to clear waste in the times prior to modern plumbing, now provide access for vehicles to be [...]
Boroondara Weekly

Boroondara Weekly

With Christmas in everyone’s sights, the next four to five weeks is likely to be interesting. Will the year finish off as strongly as it did last year? Only time will tell. In terms of new properties coming on to the internet, we really only have two weeks left. Although I suspect that we’ll still be [...]
$3m+ market is tracking along well

$3m+ market is tracking along well

Week Ending Saturday, October 26 – Super Saturday! It was a huge day across Melbourne and it really felt solid out there. It was solid in terms of everything. Have a look at the dials on our front page. They’re all in the red zone. Bidderman was an amazing 2.3 on the biggest $M+ auction day [...]
Living up to the headlines

Living up to the headlines

At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 70% on the 33 auctions we covered. The Weekly Review Bidderman, our bidders per auction measurement, was 2.4. Both are showing a strong market after the footy break. Ducks (no bidder auctions) – 20% Lone Rangers (1 bidder auctions) – 10% Norms (2-3 bidder auctions) [...]
Spring has Sprung & Top End Market is Lifting

Spring has Sprung & Top End Market is Lifting

  The first week of September was all about the Federal Election. Auction activity returned to full swing on September 14. There were four auctions in Melbourne over $3m. See details below. Week Ending September 14, 2013 Biggest Auctions: Toorak, 10 Yarradale Road, Tim Derham (Abercromby’s), under hammer, $4,840,000, 4 bidders 80 or so are comfortably gathered in the backyard [...]
Port Phillip Weekly

Port Phillip Weekly

Lucky 13 With thirteen properties over the one million dollar mark scheduled for auction in Port Phillip this weekend, there are signs that stock levels seem to be surviving without the need for resuscitation just yet. Mind you, quality will be in the eye of the beholder with some of these offerings. The stand out was [...]
Boroondara Weekly

Boroondara Weekly

The market continues to perform well and on my regular chats with agents the feedback is very positive. Interestingly, the clearance rates at the bigger firms for auctions are more often than not exceeding the average clearance rate. This week we continue the focus on the $3 million plus Boroondara market. Among the recent activity at this [...]
Stonnington Weekly

Stonnington Weekly

Stonnington Snapshot This week our enquiry has predominantly been in the up to mid $1 million range – and what a competitive segment this is, in all parts of Stonnington! We bought a single-fronter in Malvern East at a Boardroom auction on Wednesday (with three active bidders) that had been scheduled for auction on Saturday (Daniel [...]
This Market Is Building!

This Market Is Building!

At 6.00 pm on Saturday the James Clearance Rate for Melbourne’s $M+ property was 74% on the 35 auctions we covered. The market had a solid number of offerings, so this represented a good cross-section of what quality homes are doing right now.  The Weekly Review Bidderman, our bidders per auction measurement, was 2.2, up from last [...]
Northern Weekly

Northern Weekly

We had been looking forward to the auction of 155 Clarke Street Northcote (Luke Sacco, Nelson Alexander), a home we rated 659/1000 and one of the strongest looking properties I’ve seen for a while. I was quite taken by this property with its link to the past, yet well renovated for the future. However, unlike the [...]

Inside James Market News