oc | Sunday 23rd January

Market News » marshall white


Boroondara Weekly

Boroondara Weekly
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, [...]
That’s more like it – some good news this weekend!

That’s more like it – some good news this weekend!

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 [...]
In August the temperature has risen ever so slightly – warmer at $3m than $6m

In August the temperature has risen ever so slightly – warmer at $3m than $6m

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, [...]
Port Phillip

Port Phillip

With such limited stock up for auction in Port Phillip this week and what there was, not actually selling – I have listed some of the more interesting properties that are currently up for private sale. All these properties have previously failed to sell at auction and are either still with the [...]
Bayside Weekly

Bayside Weekly

This week I was made aware of more off-markets than new ones coming up.  It seems that some vendors are happy to sell at their price (often before they buy another) and without risking the effort of a public campaign. One off-market family home is in the Castlefield Estate – Steve Wigley (Hodges) There continues to [...]
The Double H Price Disease – History & Hope

The Double H Price Disease – History & Hope

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.
Bayside Weekly

Bayside Weekly

This week our discussions were about uncertainty and how it can affect buyer decisions. At the moment there is uncertainty about the new stock levels coming on to the market (we’re hoping for more choice in Spring), there is increasing uncertainty regarding banks’ preparedness to lend (see our Market Insight article); and there may also be [...]
Boroondara Weekly

Boroondara Weekly

It was a reasonable weekend in Boroondara, with a 71% clearance rate. This is not too bad when you consider our Melbourne $1m plus overall clearance rate was 50%. Of the 12 auctions we attended, 6 sold on the day and a further 2 sold before. The Tostevin brothers (and their team) at Marshall White would [...]
Port Phillip Weekly

Port Phillip Weekly

The two key properties of the 8 $million plus properties up for auction this weekend in Port Phillip were: 18 Faussett Street, Albert Park, which we had rated well at 673. This Hocking Stuart property, managed by Michael Coen, was a goodie, having been recently renovated to a high standard, with off-street car parking and only [...]
The Banks are starting to pull the market strings!

The Banks are starting to pull the market strings!

At 6pm on Saturday, the James $M+ Clearance Rate was 50% across the 32 auctions we attended. The Weekly Review Bidderman was 1.5 bidders per auction.  Half the auctions today were lone rangers (one bidder) or ducks (no bidders). On a very positive note, however, which again reaffirms our views on quality stock, there were [...]
Boroondara Weekly

Boroondara Weekly

There were more auctions in Boroondara this weekend compared to last weekend (29 versus 21), yet the clearance rate fell away significantly (86% versus 58%). Perhaps this is due to more higher-end properties being auctioned. There were some ‘big’ pass-ins, namely at 14 Molesworth Street Kew, 44 Chrystobel Crescent Hawthorn and 13 Raven Street Kew [...]
Port Phillip Weekly

Port Phillip Weekly

Of the eight properties that were up for sale for over $1 million this weekend in Port Phillip, the hammer rate was 25% at 6pm Saturday 11th August. One of the properties that sold was a rare vacant block of land, measuring 391 sq metres in Albert Park at 17 Hambleton Street. It was auctioned by [...]
Stonnington Weekly

Stonnington Weekly

This week I was asked how are we experiencing the market “out there”? There has been a dearth of family homes on offer in Stonnington and there does not seem to be much new stock coming on. Prospective buyers are there and while some are feeling impatient, most are still prepared to wait for a property [...]
Market picking up, but still lacking depth

Market picking up, but still lacking depth

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 [...]
Catch a falling star

Catch a falling star

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 [...]

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