oc | Sunday 1st November

Market News » Stonnington


The National Trust has lost its way!

The National Trust has lost its way!
Continued from Marketnews article At first, it’s a little tricky to understand as Community Heritage is a great concept and we support it BUT the “heritage industry” in its quest, has come up with an additional and coincidentally great fee-paying concept, called Individual Heritage Orders (IHOs) which is not about community spaces, it’s about private homes. IHO’s [...]
The Brady Bunch

The Brady Bunch

It’s 6.00 pm on Saturday, 4th April and this week the isolation has given me the ability to have longer, more in-depth and focused conversations with some of the many people I respect in our industry. It has also given the ability for some to wind down and reflect before (re)setting a course after Easter. At the [...]
Opening Market 2020 – first results surprise

Opening Market 2020 – first results surprise

G’day and welcome to “The Opening Market 2020”.  Our first 100 Auction Test for high-end Inner Melbourne homes this year. Week one of our 3-week campaign. The results were pretty clear. You can see them below and we also kept additional stats at all auctions today, which we have decided not to evidence here as ……. [...]
National Trust and Council’s Individual Home Heritage Policies – We respectfully disagree.

National Trust and Council’s Individual Home Heritage Policies – We respectfully disagree.

Opinion This is a response to Kristin Stegley’s (The Age Sep 17th) and the Age editor’s (Sep 3rd) articles. I respect their positions and I respect the opinions expressed. However, I do not support The National Trust and Melbourne Metro Council’s heritage protection orders going onto on individual homes if the owner is in disagreement. Background What is [...]
Lower Stock – Lower Dollars – Higher Bidderman – Surprise

Lower Stock – Lower Dollars – Higher Bidderman – Surprise

Today was the first real market test we have seen since March, as April was a holiday write-off and the auction campaigns had to start from scratch, post-school holidays. The best way to describe today’s market was, interesting.  We were marginally surprised with the strength of today’s result but it’s a small sample and today of all days, [...]
Life is good

Life is good

G’day Mal James here. I wrote this piece as I wanted to. I have written about how I feel in this market and I’m not asking you to feel the same way. So it’s ok to switch off now rather than wade through my mud, but there are some sprinkles of gold in here by the way! Life is good I love what [...]
We are learning to love this market

We are learning to love this market

We love the Inner Melbourne property market right now. We love where it is heading short term and how it will be reacting, possibly in the medium term and almost certainly in the longer term. The current statistics, trends and yes, even the mainstream press, are on the money when they express that the market is experiencing [...]
The lesson(s) of 2018

The lesson(s) of 2018

9 am \ Surrey Hills Day started with a visit to an off-market home in Surrey Hills. This home has been for sale for over a year. Why? Price. To be an A-grade property you need to have all three Ps – good Property (building), good Position (land) at a good Price (market). This home had two out of three. In [...]
Market moving from regulated to unregulated?

Market moving from regulated to unregulated?

At 6.00pm the James Clearance rate for $M+ Inner Melbourne family homes was 50% on the 26 Auctions we covered in the Pre Xmas 100 Auction test today. James Bidderman that is, bidders per auction, was 1.2, indicating the overall market is still easing/falling in price.  Bidderman needs 2 to tango and 3 to party – 1 is the loneliest number if you’re [...]
Stonnington No. 1. It has taken back from Boroondara the title of strongest top-end market

Stonnington No. 1. It has taken back from Boroondara the title of strongest top-end market

It’s official, we have a new No. 1!

It’s official, we have a new No. 1!

At 6.00pm the James Spring 100 Auction Clearance Rate for $M+ Inner Melbourne family homes was 53% over the 3-week market test period (Aug 25, Sept 1 and 8). Last week our heading was Wipeout – it was a shocking day on the streets (31%) –  today (66%) the results are a bounce back to the previous week (61%) [...]
Yep, its a big drop – how to deal with it!

Yep, its a big drop – how to deal with it!

Welcome to the early beginnings of the Melbourne Spring buying and selling market. Auctions start in a few weeks time. This weekend’s James Market Insight, is the first in a series of three, about how you can best manage yourself in what’s to come. Why manage yourself? One: If you cannot manage yourself, then you dramatically increase your chances of [...]
Is now a good time? 6% bought under the hammer today!

Is now a good time? 6% bought under the hammer today!

A-Graders are still selling! However, this was the only home we saw sell under the hammer today. There were 3 bidders at 2 Irymple Avenue, Glen Iris which  sold for $2,750,000, John Morrisby. Contents: 1. Under the Hammer 2. Is Now a Good Time? 3. Dr. Good Strategy 4. Around the Grounds – Auction Reports 5. Market Fresh – one-liners on 25 Top [...]
October Market Review  / Stonnington Heritage Reversal

October Market Review / Stonnington Heritage Reversal

October Market Start  / Stonnington Heritage Reversal

October Market Start / Stonnington Heritage Reversal

Contents October Market Start Edition 1. October Market Start 2. Inside James – An incredible story from Malvern East to Tanzania 3. Game Changer – Stonnington Heritage Reversal It (usually) attracts more than a Grand Final, a bigger array of stars than the Cup Carnival – the results are more telling than the Bathurst 500: that’s what Super Saturday, October 28th will represent to [...]

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