BY James Buyer Advocates 31st July 2010
Key Points
Boroondara still the “healthiest” million dollar market to sell in – although impressive challenge from Stonnington today.
A few upper end quality homes are drifting onto the market – but supply is tight.
Current sales volume is way less than the peak one to two months ago
Agent Comments – This week we asked if the election [...]
BY James Buyer Advocates 24th July 2010
Not much happening today, with one of the quietest non-holiday Boroondara auction weeks I can remember. There were 11 auctions and seven sold. In May we were running at four times this almost every week. Very few private sales either.
Bidderman was irrelevant on such small numbers. The highlights were:
3 Longstaff Kew East – Glen Coutinho [...]
BY Mal James 17th July 2010
This week we have combined the council wraps. There is little to report within specific council areas, and for those who normally just read one wrap we hope you will benefit from looking at some data graphs across the council areas that confirm what we have been saying so far this year.
Hopefully, this will help you as [...]
BY Mal James 17th July 2010
This week we have combined the council wraps. There is little to report within specific council areas, and for those who normally just read one wrap we hope you will benefit from looking at some data graphs across the council areas that confirm what we have been saying so far this year.
Hopefully, this will help you as [...]
BY Mal James 17th July 2010
This week we have combined the council wraps. There is little to report within specific council areas, and for those who normally just read one wrap we hope you will benefit from looking at some data graphs across the council areas that confirm what we have been saying so far this year.
Hopefully, this will help you as [...]
BY Mal James 17th July 2010
This week we have combined the council wraps. There is little to report within specific council areas, and for those who normally just read one wrap we hope you will benefit from looking at some data graphs across the council areas that confirm what we have been saying so far this year.
Hopefully, this will help you as [...]
BY James Buyer Advocates 19th June 2010
As we approach the shortest day of the year, we saw a record number of auctions in Boroondara on Saturday (compared to equivalent weekends in past years). Given the large supply, the market seems to have some resilience. In fact, there is so much going on that many key agents are delaying their traditional mid-year holiday by [...]
BY James Buyer Advocates 5th June 2010
Today was a watershed day for the Boroondara market – a day when the market could no longer gorge the incredible amount it has been gorging (for the last six months). Today was a real (excuse me, while I burp) I just can’t fit in anymore kind of day. Today the Boroondara market which has been [...]
BY Mal James 29th May 2010
It’s 6pm Saturday and the James million-dollar-plus Clearance Rate on the 41 auctions we attended today was 61%.
Bidderman is 1.7 and it seems to have found a momentary level of some strength on large numbers of auctions.
We monitored 174 $million sales across 56 Melbourne suburbs.
Overall Clearance rate is 60% for those 174 auctions and in [...]
BY James Buyer Advocates 29th May 2010
In contrast to last week, we saw all 9 properties we covered over $1,000,000 today, sell. Three sold before auction, 3 sold under the hammer and 3 were bought after. That’s a 100% clearance rate and Bidderman was back up to two.
Five of the nine properties had two or more bidders. Richard Jellis of Jellis Craig [...]
BY James Buyer Advocates 24th April 2010
As expected with only a handful of $1,000,000 plus auctions this weekend due to the Anzac Day holiday the market was fairly quiet. Of the six auctions we attended today Bidderman was just under 2 with 1 bought before, 1 passing in and 4 bought on the day.
32 Through Rd Camberwell (Walter Dodich, Marshall White) – 1 bidder – $1,320,000 sold after
18 [...]
BY James Buyer Advocates 17th April 2010
After a week or two off for serious buyers and sellers, the market in Boroondara keeps on keeping on, with clearance rates for most agencies around the 85 per cent-plus mark.
The weather in Melbourne was perfect today – perhaps the last breath of summer – and there were good people numbers at auctions and at [...]
BY Mal James 17th April 2010
It is 6pm Saturday and the James Million Dollar-Plus Clearance rate for the 38 Auctions we attended today was 74%; basically no change on the 77% ( pre Easter Super Saturday -March 27).
Bidderman was down from to 3 to 2.3 bidders per auction but that is still very strong all things considered (stock quality and Easter holidays).
Market Mood
Today was [...]
BY Mal James 27th March 2010
It is 6pm Saturday and the James Million Dollar-Plus Clearance rate for the 39 Auctions we attended today was 77 per cent and we have no late REIV results so could be higher.
Bidderman was well up at 3 bidders per auction and any talk from us of the last two weeks looking a bit soft has been well and [...]
