BY Gina Kantzas 20th October 2012
This week the talk about buyer expectations continued. The clearance rate was 67% on 12 auctions but next week (Super Saturday) we will have 37 auctions in Stonnington.
Bidderman was 1.5 today and of the 3 auctions we covered which sold under the hammer, each had 2 or 3 bidders and a buzz in the crowd.
The [...]
BY Mal James 20th October 2012
At 6pm on Saturday, the James $M+ Clearance Rate was 61% across the 31 auctions we attended. The Weekly Review Bidderman was 1.5 bidders per auction.
While those figures did not represent a noticeable improvement in the stats, we think the market has shifted to a positive note in the last fortnight as you will see [...]
BY James Buyer Advocates 15th September 2012
After an OK beginning to the Spring market that matched the OK weather, results this weekend were not too bad.
BY Mal James 15th September 2012
At 6pm on Saturday, the James $M+ Clearance Rate was 65% across the 31 auctions we attended – a solid result. The Weekly Review Bidderman was also a very solid 1.8 bidders per auction. There was a fairly even spread of ducks, lone rangers, norms and volcanoes.
This weekend was the Spring Market’s First Big Test, with [...]
BY James Buyer Advocates 8th September 2012
It was a quiet day today – and boy it was cold! Just when you think you can put your favourite scarf away for the year, you need to bring it back out! I attended four auctions and while two did sell under the hammer, the other two passed in with no bidding at all. [...]
BY James Buyer Advocates 1st September 2012
First day of spring and, although the pickings were a little slim out there, we did see some spirited bidding at many auctions and the sentiment overall seemed positive. Of the eight auctions we attended, six sold, and two passed in.
Of the four auctions I attended, all four sold. It must be said though that, [...]
BY Mal James 1st September 2012
At 6pm on Saturday, the James $M+ Clearance Rate was 75% – yep that’s 75% across the 28 auctions we attended. The Weekly Review Bidderman was 2 bidders per auction.
WOW, what a difference a week makes! Sure, it may be a statistical anomaly and the sample is small – but it’s the first day of [...]
BY Mal James 31st August 2012
Friday 31st August – 3 from Kay and Burton in Boroondara
Camberwell, 60 Broadway, Tim Picken – big land plus tennis court with a home that needed a lot of work. In excess of $4,500,000
Kew, 9 College, Sam Wilkinson, – great internal floor plan – Street and facade Mmmm – Ok. Just under $3,300,000
Canterbury, 31 Chaucer, [...]
BY James Buyer Advocates 25th August 2012
On Saturday I attended four auctions in Boroondara and all four sold – yet only one of these was under the hammer. In a word, the market is very ‘mixed’ right now and with the Grand Final only five weeks away, pickings remain slim.
This week I attended the Jellis Craig 2012 Client Seminar (thanks to [...]
BY Mal James 25th August 2012
At 6pm on Saturday, the James $M+ Clearance Rate was 55% across the 31 auctions we attended. The Weekly Review Bidderman was 1.6 bidders per auction.
BY Mal James 11th August 2012
At 6pm on Saturday, the James $M+ Clearance Rate was 60% across the 30 auctions we attended.
The Weekly Review Bidderman was 1.3 bidders per auction. This confirms our view that while the market is looking okay when you look at clearance rates, it is thin on the ground when it comes to bidders. Almost two [...]
BY James Buyer Advocates 4th August 2012
It was a reasonable weekend in Boroondara and the 86% clearance rate certainly indicates that good properties will attract good competition, and that even those that are not so good will sell, as long as they priced correctly. Numbers have been very good at most opens and auctions but, then again, the pickings [...]
BY Mal James 4th August 2012
At 6pm on Saturday, the James $M+ Clearance Rate was 44% across the 25 auctions we attended.
The Weekly Review Bidderman was 1.4 bidders per auction.
Market Summary
The market continues to be unexciting in terms of stock levels. There were only 40 or so $M+ auctions this weekend in Inner East and Bayside, when 70 is a [...]
BY Mal James 28th July 2012
At 6pm Saturday, the James $M+ Clearance Rate was 46% across the 24 auctions we attended.
The Weekly Review Bidderman – 1.8 bidders per auction.
Market Summary
Welcome back to Marketnews after a month’s hiatus. When we left you last month, the fridge door had opened on the market and the mood was a little sombre. July hasn’t really [...]
BY James Buyer Advocates 23rd June 2012
Saturday was a reasonable auction day in Boroondara, with the million-dollar-plus market bouncing back with a clearance rate overall of 71% and Bidderman at 1.5 – compared to last week at 45% and 1.4 respectively.
I couldn’t say however that there were any runaway prices here. The result was mainly due to vendor adjustment to the [...]
