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 Mal James 27th August 2011
Week 4 August 27 2011: Not a lot happened at auction in this market this weekend at $3M+, with the exception of 25 Kent Avenue – the action was all last week and it was away from the auctions.
Biggest Sale: 25 Kent Ave, Brighton, Leigh Hallamore (Buxton); After auction, $6,400,000, 4 bidders
Crowd numbers were high [...]
BY Mal James 6th August 2011
Yes it was a bit of a dog of a day for the market this weekend, but it was not an absolute shocker. And really, what else could you have expected!
At 6pm on Saturday, the James Clearance Rate for $M+ was 52% on the 25 auctions we attended. We have seen worse.
The Weekly Review Bidderman, [...]
BY Mal James 16th April 2011
At 6pm on Saturday the James Clearance rate for $M+ was 57% on the 30 auctions we attended. That was well down on last week’s cameo of excitement, but understandable giving the quality change between this week and last week at the Top End.
Bidderman, our demand indicator, was 1.5 bidders per auction. However the quality [...]
BY James Buyer Advocates 16th April 2011
To be frank I wasn’t that excited about running around to auctions today (which is very unusual for me). We videoed the 23 Falmouth St, Hawthorn auction with one of my favourite agents Hamish Tostevin and 4 bidders. But after that I cleaned up my paperwork and looked forward to a week [...]
BY Mal James 8th September 2010
Different cultures have different values and different interpretations of what appear to be the same thing. Just as business people need to find the most appropriate way to interact with, and do business with, people of other cultures, so too do home buyers have to find the right way to deal with selling agents.
BY Mal James 14th August 2010
At 6pm on Saturday the James Million-Dollar-Plus clearance rate was 50% for the 38 auctions we attended. Of note is the fact that only 1 in 4 sold under the hammer.
On Sunday the post-auction clearance rate rose to 66% on all 61 monitored properties. That tells us that the market is right on the brink, but [...]
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 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 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 James Buyer Advocates 27th February 2010
Although the sun was not really out, the bidders certainly were, with most properties over $1m selling in Boroondara today. Bidderman was strong at many auctions and there was no shortage of them.
Talking to Richard Winneke from Jellis Craig this afternoon, the market, he believes, has gone up at least 10% since the end of [...]
BY James Buyer Advocates 24th October 2009
Bidderman at 3.3 that is 3.3 bidders per auction
43 – yes 43 over a $million and 10 passed in for a clearance rate of 77%. Rock Solid and rising market.
Crowd numbers were huge and on the auctions below they were averaging over 100. In Bayside there are some 100 strong turn outs but 40 [...]
BY James Buyer Advocates 17th October 2009
We looked at 27 campaigns over a million in Boroondara this week – 27 and of those 22 sold. When talking with James Connell of Marshall White he said of his company’s weekend results in Boroondara and Stonnington, 8 sold before hand; 20 sold at auction and 3 passed in. That [...]
BY James Buyer Advocates 10th October 2009
Peppin Street sits up nicely on the hill, a stone throw or two from Camberwell Junction. No. 3 is currently on the market, an honest double-fronted timber Victorian in dire need of some work.
This property has many future options – bulldoze and build again (no heritage overlay helps with this), or work [...]
BY Mal James 29th August 2009
312 and 314 Cotham Kew: a big parcel of land sold through Walter Dodich of Marshall White for $3.42 million or $1800 per sq metre on just over 1900 sq metres, which does appear to show that, in this case, on Cotham Road you get a significant discount per sq metre [...]
