3 Steps to success in homebuying Clarity Assess Negotiate
image

James Auction Pulse

Melbourne December 5th & 6th, 2009

Auctions We Reviewed Clearance rate: 78% from 23 properties to auction
news archives

 

Hawthorn and Brighton office now open 9804 3133. First 2010 Market News February 20th.

More of the same - big numbers of auctions and big numbers of sales. Bidderman just keeps on keeping on at 2.1 overall. Santa may still come for buyers in the form of missed auctions and off market buys.

Glen Iris: 5 Irymple: Iain Carmichael at work today: Some Christmas fun - best suggested caption emailed into us from buyers, sellers or agents wins a Bottle of Veuve. 1 bidder. Bought Afterwards $1.91m. Photo Julia Atkinson.

Glen Iris: 5 Irymple: Iain Carmichael at work today: Some Christmas fun - best suggested caption emailed into us from buyers, sellers or agents wins a Bottle of Veuve. 1 bidder. Bought Afterwards $1.91m. Photo Julia Atkinson.


James Reviewed Auctions Clearance Rates (Show/Hide)

REIV Reported Clearance Rates (Show/Hide)



Brighton: 13 Wellington: Halli Moore of Buxton looking for bidders. Passed in at $3.5m

Brighton: 13 Wellington: Halli Moore of Buxton looking for bidders. Passed in at $3.5m

Caulfield South: 19 Flowers: Bill Stavrakis seeks but does not get. No bids. Passed In $2.1m

Caulfield South: 19 Flowers: Bill Stavrakis seeks but does not get. No bids. Passed In $2.1m



image

Market Insight

There are two requirements to use this map search.

1. Your browser must be javascript enabled

2. You need to have at least flash player 9 installed. You can click here in order to download it.

Please note it may take a few minutes waiting for video to load when in high demand.
James Market News

Beaumaris: 4 Scarborough:THE MINDERS - A NEW SATURDAY SHOW STARRING BERT GERAERTS and MARK EARLE of BUXTON. Bought under the hammer $1.355m. Photo Jen Milligan

Mal James


There is opportunity in the next two weeks


Mal James 0408 107 988
Principal Buyer Agent


It's 6.00 pm Saturday and the James $m+ Clearance Rate on the on the 23 $m+ properties we attended today, was a strong 78 per cent.


HATS OFF to Torsten Kasper, Managing Director of Chisholm and Gamon who said their quoting policy now, was that their reserve was within their quoted range unless a last minute vendor hiccup. I suppose we could handle one vendor hiccup in 20 or so. Let us know if you as buyers are finding this to be the case. We congratulate Torsten on this transparency and we encourage buyers and sellers to support this Elwood and Port Melbourne company as long as this remains their stated policy and is proven to be the case.


Bayside Summary: Just another quiet week (not) in Brighton with 13 reported sales over $1m. Big increase in Bidderman at auction: 2.6


Boroondara Summary: 33 houses reported for sale today under $1.8m and 2 passed in. Balwyn was interesting today with 9 reported auctions and 4 pass-ins but drill down on the stats a bit more and you see anything under $2m sold and everything over $2m passed in. Drill down again and those pass-ins were all double storey new homes that have been so successful this year with the Chinese community. Chinese people (the catalyst for our improving market, so thank you) have (a) gone back for the summer break and (b) are being affected by the dollar and nothing states this so succinctly as the above observation.


Stonnington Summary: Strong day, seven out of seven auctions we attended sold.


Buying a Home Before Christmas


This 2009 run into Christmas is seeing an above average amount of activity and in the estate agency business activity breeds even more activity.


Everybody in late 2009 is coming out of the financial closet and admitting things aren't actually as bad as they thought they would be. We are seeing buyers and sellers taking what is now in their mind acceptable risks - having two homes (buy first) or no homes (sell first) in their move from one home to another. The market is very healthy - good turnover - good prices and good Bidderman.


A focus for our clients at the moment is off market - I personally have looked at more off market homes this last fortnight than in the last two months. There are a number of February sellers who have committed to agents and those agents are testing to see if a buyer may well pop up before Xmas.


So how do you buy in the next 2-3 weeks, and more importantly how do you buy well.


Firstly you need to see the home and that maybe slightly harder than normal as many agents still have a lot of homes currently on the market to service - next week December 12th is Jellis Craig's biggest auction day - ever - not biggest December auction day - not biggest this year - biggest day ever.


If you can see a "quietly listed"  home and you like it, then in this market the tricky pre Christmas questions are



  1. Is it really for sale now or

  2. Is the agent trying to secure the listing or

  3. Is the owner just curious or

  4. Is it really for sale right now


So a couple of simple questions to the agent



  1. Mr Agent do you have a signed authority to sell this property?

  2. Mr Agent does the vendor wish to sell before Xmas?

  3. Do you have contracts and Section 32's ready?

  4. Do you have a specific asking price?


The answers you get will determine the next step and even if some of the answers are no they still may mean yes and vice-versa.


The tricky bit occurs if and when you assess that a sale may be possible and you want to buy it.


Agent: Yes Mr or Mrs Buyer the home is for sale now


You the Buyer: How much is pretty well your next question - you can ask it smart or ask it dumb but it is the next question.


The replies often become wishy washy in almost all circumstances and fair enough to some extent -



  • the agent doesn't always know for sure what it will take and it is early days

  • the agent is also working for the vendor and is probably marking time to see what you may offer after some more questioning. Christmas time is a time of emotion and agents (both buying and selling) use emotion to maximize their clients position.


So maybe you will hear this: Well Mrs Buyer we told the seller $2,000,000; the seller/vendor wants $2,500,000 - I think; although the husband is not as fixed on that figure and we have some buyer interest at $1.9m.


Your (buyer) response to your spouse is..................hey Darls I'll do the Christmas shopping with the kids at Chadstone can you come here and talk to this nice selling agent.


This is pre offer stage and you really do need to think about some expert help (if you are unsure)  - before you actually commit to a price or an offer  - even a low one.


Why - well a low price may get you offside very quickly and you may well be dismissed; when a sensible offer would have bought it.


I can always increase my offer you say - well sometimes no - not if you are dismissed or sometimes yes you can increase; but if it is a big jump the vendor and agent maybe waiting for another big jump from you because of your huge leap after your first offer - even if your second offer, if originally made, would have bought it.


It is truly a powerful dynamic the first and often last offer - where do you pitch it and how do you present it.


That doesn't mean well pitched sensible lower offers don't work at this time of the year - they do - perhaps not as well as last year because seller fear is not as rampant as 2008 but nonetheless they do sometimes work. Some sellers are happy to just move on.


A well placed, well timed and well presented offer can work


The question is when, how and how much?


We at James are happy to talk to you in depth as each set of circumstances are different.


Of course you can save a buyer agent fee and a lot of stress (right now - the stress will come post purchase time) by offering $2.8m on a $2.3m home - try it and watch Santa get killed in the rush - but you do save the buyer agent fee.


Finally on this matter it's not all about money at Christmas - its about emotion. Way too many homes - and bad ones at that  - are bought at Christmas time only to find that in the cool light of a March settlement a big mistake was made - you just don't like it - you should have investigated the floor plan more, the termites, the caveat and the plumbing - not to mention you just don't like the area.


Happy Wife Happy Life yes!  but be careful at Xmas - you wouldn't want to get a seven iron through your car window if you just went and did something without thinking.


Special Conditions are leaving buyers cold


Sellers this is a truth - you may be losing buyers because of the solicitor or conveyancer you hire. That's right you are spending $600 to $2000 on contracts that maybe stopping buyers who have 10% deposit, are decent people and like your home.


We were down to a few minutes before an auction last week and refused to bid before the sellers finally agreed to some sensible special condition changes. Sure a conveyancer works for the seller but if it stops a buyer from having a go is that really protecting the vendor.


In the last fortnight we have had 3 separate legal firms refuse to allow our clients to buy until certain special condition clauses have been removed - 3 non starts unless things changed and they did - so my question is why put them in if you are prepared to pull them out. Answer: Because many buyers don't ask to have them removed.


This has been going on for years but it is getting worse. Please we are not saying that penalties for defaulters are not an issue, but this article is not about any default clauses. Its about unfair special condition clauses including:



  • 1) Removing general conditions from standard Law Institute contract - the few that protect buyers

  • 2) Telling buyers they and only they are responsible for the home at time of signing - even when they don't have access - instead of at settlement when they do.

  • 3) Telling buyers they are responsible for things the vendor did prior to the auction. Hello!!!

  • 4) Telling buyers they are not allowed to ask questions or dispute title even if title is wrong


You need to challenge these things if you are a buyer - you can't stick your head in the sand - sh...t happens in this business if you do. In three of the past 20 contracts we've ultimately bought we have found issues re the size of the land - one smaller than claimed, one larger than claimed on the title but it was a laneway that hadn't been put on title. One was an agent's measurement and advertising error. Remember you are buying a title, a piece of paper and although we always measure up (with our measuring wheel) if you've given away rights in the special conditions and you find a problem, recourse is more difficult if not impossible. You as buyers should not agree to these unfair special conditions.


And on top of this, at Christmas time some agents are not getting contracts till a day or so before an auction making a buyer's legal due diligence prior to auction very difficult.


Who cares the sellers may cry. No problems but if you are reducing your bidders you should care.


Lawyers believe they are protecting sellers and they need to. And yes we work for the buyers, but Mr and Mrs Seller we're just pointing out buyers maybe walking. If I had to choose last minute between two identical investment buys - one with a buyer unfriendly contract and one with a normal Law Institute contract which still favours the seller but in a balanced way then I know which I would choose.


Please, not trying to be controversial - pointing out facts - if you stop a real buyer from bidding I can't see how that is good for you the seller. I don't see how your conveyancer has helped or protected you by removing a legitimate buyer.


This is our last Market News for this year - except for our Bumper Christmas Special in two weeks - best auction - best auctioneer - best deal and so on. It is also the last in this format - you can see the new 2010 design that is having the finishing touches applied to it at www.jamesmarketnews.com.au


In finishing I would like to thank our brilliant reporters; Tom, Julia, Gina, Annette and David who with Jen help put our market news together each week. And I would like to especially single out our editor Melinda Brown who makes the wonky ideas we all have read like classic prose - well most times.


A big thank you to all the selling agents (yes I'm sucking up) and auctioneers and company directors who allow us to move freely around auctions and who ring in results and let us report as we see it without complaining; even when we say things they don't agree with or when we take the micky out of them. Many of the selling agents are far more open minded than some negative press gives them credit for.


It's a great job being a buyer or seller agent, you change peoples lives. 


Buy Well now or maybe have a rest at Christmas and come back stronger and smarter next year. Stay safe.


Mal




Camberwell: 56 Bowen: Good crowd but no action. Passed in $2.2m

Camberwell: 56 Bowen: Good crowd but no action. Passed in $2.2m

Canterbury: 15-17 Mangarra: Alastair Craig passes in on a lone crowd bid at $2.9m. Bought Afterwards

Canterbury: 15-17 Mangarra: Alastair Craig passes in on a lone crowd bid at $2.9m. Bought Afterwards


Negotiation

WEEKEND AUCTIONS AT A GLANCE

There are two requirements to use this map search.

1. Your browser must be javascript enabled

2. You need to have at least flash player 9 installed. You can click here in order to download it.


66 Gordon Street
BALWYN
image
BOUGHT BEFORE*
10 Walsh Street
KEW
image
BOUGHT BEFORE*
765 Orrong Road
TOORAK
image
BOUGHT BEFORE*
2 Summerlea Grove
HAWTHORN
image
BOUGHT*
13 Wellington Street
BRIGHTON
image
PASSED IN*
106 Carpenter Street
BRIGHTON
image
BOUGHT*
34 Belgrave Road
MALVERN EAST
image
BOUGHT*
29-31 Rowell Avenue
CAMBERWELL
image
BOUGHT*
5 Irymple Avenue
GLEN IRIS
image
BOUGHT AFTER*
1646 Malvern Road
GLEN IRIS
image
BOUGHT*
64 Nimmo Street
MIDDLE PARK
image
BOUGHT*
19 Beach Avenue
ELWOOD
image
BOUGHT*
4 Scarborough Grove
BEAUMARIS
image
BOUGHT*
13 Baxter Street
ELSTERNWICK
image
PASSED IN*
19 Flowers Street
CAULFIELD SOUTH
image
PASSED IN*
15-17 Mangarra Road
CANTERBURY
image
BOUGHT AFTER*
711 Toorak Road
KOOYONG
image
PASSED IN*
15 Boland Street
RICHMOND
image
BOUGHT*
12 Gordon Grove
MALVERN
image
BOUGHT*
117 Millswyn Street
SOUTH YARRA
image
BOUGHT*
44 Athelstan Road
CAMBERWELL
image
BOUGHT*
7 Woodburn Road
HAWTHORN
image
BOUGHT*
56 Bowen Street
CAMBERWELL
image
PASSED IN*
Elwood: 19 Beach: Torsten Kasper enquiring as to the bid. 2 bidders. Bought for $2.230m

Elwood: 19 Beach: Torsten Kasper enquiring as to the bid. 2 bidders. Bought for $2.230m

Through the eyes of a seller at Middle Park today. Success - Sold

Through the eyes of a seller at Middle Park today. Success - Sold

image

Bayside

There are two requirements to use this map search.

1. Your browser must be javascript enabled

2. You need to have at least flash player 9 installed. You can click here in order to download it.

Please note it may take a few minutes waiting for video to load when in high demand.
James Market News

Middle Park: 64 Nimmo St: Changing of the Guard: Young bull Michael Szulc directing traffic as the old bull - Geoff Cayzer looks on. 7 bidders. Bought for $3,155,000

Kristen Hatt


Bayside - Beaumaris, Brighton to Port Melbourne and a bit more


Kristen Hatt 0423 778 774
Buyer Advocate


Brighton: 106 Carpenter St: Bang over in minutes with Trudy Biggin. 3 bidders sold for $930,000

Brighton: 106 Carpenter St: Bang over in minutes with Trudy Biggin. 3 bidders sold for $930,000

Just another quiet week (not) in Brighton with 13 reported sales over $1m.


Big increase in Bidderman at auction: 2.6


Some follow up to previous weekend's passed in auctions - two sold privately during the week; the first at 49 William St, Brighton (Phillip Mellody Buxton), where they seemed to be thinking $3.5m, had a vendor bid of $2.95m last weekend and sold mid week for well north of $3m but not $3.5m. The second was 32 Cosham St, Brighton (David Wilson of JP Dixon) - we reported the auction a few weeks ago - only vendor bids - sold mid week for just under $3m.


Another hot Hocking Stuart Ferrars Place sale in Albert Park on the back of last weeks $4m+ one. 21 Ferrars - Michael Coen - 274 sqm land + townhouse was bought for $2.25m (quoted under $2m). This little section of the world - the crescents of Howe, Martin and Ferrars is rivaling St Vincents place and the Domain in South Yarra.


Black Rock - 4 out of 4 homes over a million reported sold at auction today as apposed to Brighton East 1 out 4. But look at the homes - in Brighton East the non sales were main roads or near main roads.


Brighton Land Value Update
4 Vaucluse (Carole Laird Hodges) - South facing rear - 553 sq metres sold before for $1,280,000 or $2300 per sq metre.
106 Carpenter (Trudy Biggin Biggin and Scott) - Backs onto railway line (almost) - 504 sq metres sold for $930,000 or $1845 sq metre today. 116 Carpenter, also backs onto railway sold for around the same (some minor value in the house)a few weeks ago.


Main road or railway line discount for land seems to be a minimum 15% and can be 25% against good blocks nearby.


What Didn't Sell?
13 Wellington (Bert Stewart Buxton) didn't run out the door. The home is tired and if you wanted to start again then at a $3,500,000 vendor bid that makes the asking price for land north of $4400 - the Diamond K as we call this precinct between the Brighton Beach and Church St is good but is it north of $4000 sqm - stay tuned.
13 Baxter St Elsternwick (Bill Stavrakis Biggin and Scott) - great little single fronter inside but outside - no car park. See our rating.
There were 4 apartments  (Black Rock, Southbank and Port Melbourne 2) in that tricky just over a million range and all passed in today. But to balance this there were 4 private sales during the week of apartments in this range.


James Auctions we attended today 


CAULFIELD SOUTH, 19 Flowers St - Passed in - no bidders (Biggin Scott)
It was a day for window shopping at the auction of this Caulfield South property, with auctioneer Bill Stavrakis failing to attract any bids from the crowd of around 70 people.  Mr Stavrakis opened proceedings with a vendor bid of $2m, and despite a persuasive speech on the value and quality of the property, could not get any bids from the crowd. The property was passed in on a second vendor bid of $2.1m.


BEAUMARIS, 4 Scarborough Grove - Bought - two bidders (Buxton)
Not a single car drove by during this auction, a detail auctioneer Mark Earle was quick to point out in his pitch - the peace and quiet only disrupted by the singing birds in the many trees. A genuine bid of $1.2m opened proceedings and was quickly countered by a second bidder. Rapid, confident bidding between the two parties followed and the house sold shortly after for $1.355m. An average crowd of around 40 people lined both sides of the street to catch the action.


BRIGHTON, 13 Wellington St - Passed in - one bidder (Buxton)
With a grand piano in the foyer and Pachelbel's Canon playing in the background, there was a feeling of grandeur at this auction. Buxton's Leigh Hallamore led the way and opened proceedings with two vendor bids of $3m and $3.25m. One genuine bidder jumped in but the property was passed in at $3.5m. Around 60 people lined the streets to watch the auction, an eclectic gathering of the young and the not so young.


MIDDLE PARK, 64 Nimmo St - Bought - seven bidders (Cayzer)
A big and noisy crowd of 120+ came to witness this auction, and many were there to bid as well, about 7 bidders getting involved. It began with a knocked back bid at $1.5m followed by a vendor bid at $2.4m to officially open. Auctioneer Michael Szulc and the Cayzer crew got spun in all directions picking out the bidders and seemed to be just as awe-struck as the crowd when bidding shot past the selling price at $2.8m and sold for $3.155m.  Crowd members walked off shaking their heads in disbelief of the selling price.


ELWOOD, 19 Beach Ave - Bought - two bidders (Chisholm & Gamon)
A large crowd of 90+ scatter around this windy scene just off Beach Road. Auctioneer Torsten Kasper keeps grounded in the breeze, opening with a vendor bid of $2m and rounds up two bidders to join in. The property is on the market at $2.2m and sells for $2.230m. Another strong result.


BRIGHTON, 106 Carpenter St - Bought - three bidders (Biggin & Scott)
The hammer came down with a thud within minutes at this auction! Auctioneer Marcus Peters led the way, taking an opening bid of $800,000 from the crowd of 50 onlookers. Two more bidders entered the fray and the property was quickly on the market at $880,000, selling minutes later for $930,000.


ELSTERNWICK, 13 Baxter St - Passed in - three bidders (Biggin & Scott)
Strong, fast bidding at this auction but despite interest from three parties, the property failed to sell. Auctioneer Bill Stavrakis accepted an opening bid of $900,000 from the crowd of around 50 people. Bidding was quick and soon reached $1.123m, but was passed in at this amount.


Happy Wife Happy Life

Related Properties
*
561
PROVISIONAL RATING
James Home Ratings
106 Carpenter Street, BRIGHTON
"Central Brighton land - smaller block - close to Church st, train, not too far form beach and cinemas in Bay St. Good townhouse site and land value indicator..." - View 106 Carpenter Street, BRIGHTON
*
457
PROVISIONAL RATING
James Home Ratings
4 Scarborough Grove, BEAUMARIS
"Reproductions never seem to match the originals they try and copy. Not a bad starter family home by any stretch but bedrooms are small - light a little limit..." - View 4 Scarborough Grove, BEAUMARIS
*
749
PROVISIONAL RATING
James Home Ratings
19 Beach Avenue, ELWOOD
"Its all about the landsize and location - needs a lot of love out back but it is worth it - the front rooms are good. This will be sold for a very stron..." - View 19 Beach Avenue, ELWOOD



image

Boroondara

There are two requirements to use this map search.

1. Your browser must be javascript enabled

2. You need to have at least flash player 9 installed. You can click here in order to download it.

Please note it may take a few minutes waiting for video to load when in high demand.
James Market News

Camberwell: 29-31 Rowell: Big Crowd. Big Price. 3 bidders. $3.755m. Jeff Gole of Jellis Craig

Adam Woledge


Hawthorn, Canterbury, Camberwell, Glen Iris, Kew, Hawthorn East


Adam Woledge 0413 318 079
Registered Architect & Principal Buyer Agent


Camberwell: 44 Athelstan: Glen Coutinho bashing out another deal. 3 bidders, 31 bids. Bought $2.65m

Camberwell: 44 Athelstan: Glen Coutinho bashing out another deal. 3 bidders, 31 bids. Bought $2.65m

33 houses reported for sale today under $1.8m and only 2 passed in. Bidderman 1.6


Balwyn was interesting today with 9 reported auctions and 4 pass-ins but drill down on the stats a bit more and you see anything under $2m sold and everything over $2m passed in. Drill down again and those pass-ins were all double storey new homes that have been so successful this year with the Chinese community. Chinese people (the catalyst for our improving market, so thank you) have (a) gone back for the summer break and (b) are being affected by the dollar and nothing states this so succinctly as the above observation.


The power of the Canterbury Golden Mile never ceases to amaze and the sale of 15-17 Mangarra Road (Nick Elmore and Tom Aylward Jellis Craig) in my mind evidences this. It was not a great floor plan and opposite a school and it still pushes past $3m. Canterbury and $3m for a decent sized block are now becoming as common as burger and fries (it must be dinner time).


Most things sold in Kew today (5 over a million) except for the biggest pass-in at 18 Walmer St (Peter Batrouney- Jellis Craig) and is now for private sale at $4.35m.


Glen Iris/Ashburton: Another incredible day for the area for $1m+ sales with 7 out of 8 selling under the hammer or soon after; only 9 White St Glen Iris (Karl Fitch of Noel Jones) remaining to be mopped up at an asking price of $1.82m


Land Value Check: 22 Wattle Road Hawthorn - narrow road - south facing block - wedged between two rows of townhouses with a Victorian on it that needs the works sold for an estimated $1500 a sq metre. If the block has enough issues even in this central area the market will discount severely.


House Value Check: 29-31 Rowell Avenue Camberwell (Maurice Pitard and Jeff Gole). It sold yesterday for $3,755,000 - see report below for almost exactly as predicted. At 1700 sq metres in size and land being in the early $2000 per sq metre for Rowell Avenue/ Sunnyside estate area - after the pool and tennis court is accounted for that leaves a house value of ........ almost free. Interesting. Not a comment on price - it was the right money - just a comment on the house value.


James attended auctions below


HAWTHORN, 2 Summerlea Grove - Bought - three bidders (Jellis Craig)
Auctioneer Richard Earle managed a robust auction with three bidders from a very small crowd of around 30 people. Mr Earle accepted an opening bid of $1.8m and the property was on the market at $2.4m. The property subsequently sold for $2.5m.


HAWTHORN, 7 Woodburn Rd - Bought - three bidders (Jellis Craig)
Alastair Craig of Jellis Craig conducted this auction in front of a crowd of about 30 in the backyard of this well renovated Californian bungalow. Three bidders participated and after starting slowly at $1.2million bids increased by $5000 and $10,000 to quickly reach the reserve of $1.38m. Four more bids took it to its bought price $1.405m.


BALWYN, 66 Gordon St - Bought (Hocking Stuart)
This property sold before auction for an undisclosed price.


CAMBERWELL, 29-31 Rowell Ave - Bought - three bidders (Jellis Craig)
A large crowd of locals attended the auction of this unique property which included two houses, a swimming pool and tennis court. After an exuberant speech from Steven Abbott, and an opening bid of $2.9m, the bids came thick and fast. There were three bidders overall, with two battling it out to reach a sale price of $3.755m.


CANTERBURY,  15-17 Mangarra Rd - Passed in - one bidder (Jellis Craig)
Alastair Craig gave a polished delivery in praise of this Edwardian home on a double block, but the crowd of around 55 people was restrained and there were no bids forthcoming. The property passed in after two vendor bids and one genuine bid of $2.9m.


CAMBERWELL , 44 Athelstan Rd - Bought - three bidders (Hocking Stuart)
No matter what country you are from, when it comes to spending big money MUM always has the last word. In this auction about 100 people witnessed 3 participants making 31 bids until it came down to the last competing bid. Mum was called by the under-bidder on an international phone call. Glen Coutinho  of Hocking Stuart gave the bidder plenty of time to discuss all the issues  - but MUM said NO.
The property was bought for $2.605m after being on the market at $2.6m


CAMBERWELL, 56 Bowen St - Passed in - no bidders (Jellis Craig)
A rather large crowd of around 80 people gathered in leafy Bowen Street, Camberwell to witness the auction at number 56. Maurice Di Marzio of Jellis Craig kick-started the auction with a vendor bid of $2.15m. This failed to gain traction as bidders at that price were clearly not in attendance. Two subsequent vendor bids were placed before the property was formally passed in at $2.2m.       


KEW, 10 Walsh St - Bought (Jellis Craig)
This property sold before auction for an undisclosed price.


Design Smart

Related Properties
706
James Home Ratings
44 Athelstan Road, CAMBERWELL
"Really good floorplan - let down by the finish quality, especially in bathrooms. Good rear land size - road does carry some traffic...." - View 44 Athelstan Road, CAMBERWELL
*
860
PROVISIONAL RATING
James Home Ratings
29-31 Rowell Avenue, CAMBERWELL
"Great big family home on huge land size backing onto Camberwell Sports Ground at the top of the Sunnyside estate close to schools, Camberwell Junction shops&..." - View 29-31 Rowell Avenue, CAMBERWELL
659
James Home Ratings
2 Summerlea Grove, HAWTHORN
"Summerlea Grove is a lovely little cul de sac just off Scotch Hill and the River Precincts. The home does need a renovation and is south facing but it also d..." - View 2 Summerlea Grove, HAWTHORN



image

Stonnington

There are two requirements to use this map search.

1. Your browser must be javascript enabled

2. You need to have at least flash player 9 installed. You can click here in order to download it.

Please note it may take a few minutes waiting for video to load when in high demand.
James Market News

Malvern East: 34 Belgrave: Steve Abbott and Charles Boyd: Ready, Set, Go. 4 bidders sold for $1.011m

Ralph Doubell


Toorak, South Yarra, Malvern, Glen Iris, Malvern East and Armadale


Ralph Doubell 0407 901 164


South Yarra: 117 Millswyn: Gerald, Gowan and Andrew rounding up 2 bidders. Bought for $2.885m

South Yarra: 117 Millswyn: Gerald, Gowan and Andrew rounding up 2 bidders. Bought for $2.885m

Strong day, seven out of seven auctions we attended sold. Bidderman 2.3


After Kay and Burton's incredible run of big sales, it's the RT Edgar story today.


10 Avalon Armadale has finally sold for just over $4m which is well short of where it was first offered at. Great location, but a very difficult block for light and slope (living areas) and it has a specific Heritage Overlay. Well done to Jeremy Fox of RT Edgar.


Another RT Edgar sale was 2 Wilks Avenue Malvern for $2.65m - great little nook in Malvern - needs a $1m reno but it is a home of great feeling. A smart thinker should make this into a beautiful home.


And finally Jeremy and the boys had the biggest auction sale at $6,190,000 for 177 Kooyong Road Toorak.


Who said a company that quotes as mysteriously as Tiger can't get the job done.


34 Belgrave Road Malvern East (Jellis Craig) over a million - wow busy road, tricky floor plan and not the most exciting part of Malvern East - any doubt the market is hot on the fringes has been expunged by that price. See report below.


117 Millsywn (Andrew Baines - Kay and Burton) with a less than ideal 4 year option shows that the Domain precinct in South Yarra is as strong as ever. See report below.


For the investors - we have bought a number of single frontiers recently to reflect where we think the demographics are going and the sale of 40 Repton Road Malvern East - John Morrisby Marshall White at just over a million on Saturday shows around a 70% increase in 5 years for a similar home bought late 2005.


James Auctions we attended today


MALVERN, 12 Gordon Grove - Bought - two bidders (Marshall White)
In front of 80 people, with Andrew Hayne as auctioneer, this auction started with a strong bid of $1.5m. After referring to the vendor, another bidder joined in tit for tat and the property sold shortly after for a figure in the $1.5m's. A good result for the vendor and the purchaser alike.


GLEN IRIS, 5 Irymple Ave - Bought - one bidder (Bennison Mackinnon)
This property on a cosy corner attracts a crowd of 50+ on this overcast morning. Auctioneer Iain Carmichael is tested to the limit, trying every trick in the bag to generate some participation after two drawn out vendor bids at $1.8m followed by $1.84m. Right at the last moment a bidder pipes up at $1.85m. Carmichael sighs in relief before passing in at this price. Sells almost immediately post auction to the sole bidder for $1.91m.


MALVERN EAST, 34 Belgrave Rd - Bought - four bidders (Jellis Craig)
The auction of this property attracted several buyers eager to get a foot in this sought after area. Auctioneer Steven Abbott opened proceedings with a vendor bid of $870,000 which was quickly followed by a genuine bid of $880,000. After the property was declared on the market at $995,000, spectators saw competitive bidding between four bidders and the house sold under the hammer for $1.011m.


GLEN IRIS, 1646 Malvern Rd - Bought - three bidders (Bennison Mackinnon)
The noisy traffic, passing cars and strong wind competed with but could not out do the relentless back and forward bidding between two particularly keen bidders, amongst the three bidders involved. This auction led by Iain Carmichael began with a crowd bid at $1.5m. After a vendor bid at $1.55m things took off, the property was on the market at $1.65m and climbed steadily to sell for $1.772m. Strong bidding, vibe and result. A crowd of 40 watched on.


RICHMOND, 15 Boland St - Bought - four bidders (Jellis Craig)
A strong opening and bidding from four bidders, saw this property quickly go on the market at $850,000. After a quick referral by Clayton Smith, the bidding continued and the property sold for $892,000.


KOOYONG, 711 Toorak Rd - Auction Postponed (Bennison Mackinnon)


SOUTH YARRA, 117 Millswyn St - Bought - two bidders (Kay & Burton)
About 50 people attended this auction of a Dentist’s consulting rooms. Even with an option of the dentist increasing his lease by 4 years from June 2010 interest was strong with 2 bidders quickly taking the price from the initial vendor’s bid of $2.7 million to $2.8 million when a break was taken. Gerald Delany then announced that there was no reserve price and the same two bidders took it to the bought price of $2.885m.


TOORAK, 765 Orrong Rd - Bought (Kay & Burton)
This property sold before auction for an undisclosed price.


Make Good Decisions

Related Properties
723
James Home Ratings
12 Gordon Grove, MALVERN
"A well renovated double fronted Victorian home which is conveniently located to Glenferrie Road. South facing rear a concern here yes, but, the highlight gla..." - View 12 Gordon Grove, MALVERN
*
385
PROVISIONAL RATING
James Home Ratings
34 Belgrave Road, MALVERN EAST
"Front rooms have some character however this will show us how strong the market is - busy street, poor floor plan with small bedrooms and bathroom in wrong s..." - View 34 Belgrave Road, MALVERN EAST
*
774
PROVISIONAL RATING
James Home Ratings
117 Millswyn Street, SOUTH YARRA
"Brilliant location and potential for a project buyer. Based on some previous sales eg 3 flats on half this sized land with Phillipe Batters a few months ago ..." - View 117 Millswyn Street, SOUTH YARRA




image

Auctions We Reviewed


UNDISC.
RATING
image

BALWYN, 66 Gordon Street

image
AUCTIONEER AGENCY QUOTE
Hocking Stuart
RESULT
BOUGHT BEFORE*

OUR COMMENTS

"This property sold before auction for an undisclosed price."

UnassignedUnassigned
03 9804 3133
James Buyer Advocates


457/1000
image

BEAUMARIS, 4 Scarborough Grove

image
AUCTIONEER AGENCY QUOTE
Mark Earle Buxton
RESULT
BOUGHT* - $1355000

OUR COMMENTS

"Not a single car drove by during this auction, a detail auctioneer Mark Earle was quick to point out in his pitch - the peace and quiet only disrupted by the singing birds in the many trees. A genuine bid of $1.2m opened proceedings and was quickly countered by a second bidder. Rapid, confident bidding between the two parties followed and the house sold shortly after for $1.355m. An average crowd of around 40 people lined both sides of the street to catch the action."

Eddie WardianEddie Wardian
03 9804 3133
James Home Ratings


725/1000
image

BRIGHTON, 13 Wellington Street

image
AUCTIONEER AGENCY QUOTE
Leigh Hallamore Buxton
RESULT
PASSED IN*

OUR COMMENTS

"With a grand piano in the foyer and Pachelbel's Canon playing in the background, there was a feeling of grandeur at this auction. Buxton's Leigh Hallamore led the way and opened proceedings with two vendor bids of $3m and $3.25m. One genuine bidder jumped in but the property was passed in at $3.5m. Around 60 people lined the streets to watch the auction, an eclectic gathering of the young and the not so young."

Artina DecoArtina Deco
03 9804 3133
James Home Ratings


561/1000
image

BRIGHTON, 106 Carpenter Street

image
AUCTIONEER AGENCY QUOTE
Marcus Peters Biggin & Scott
RESULT
BOUGHT* - $930000

OUR COMMENTS

"The hammer came down with a thud within minutes at this auction! Auctioneer Marcus Peters led the way, taking an opening bid of $800,000 from the crowd of 50 onlookers. Two more bidders entered the fray and the property was quickly on the market at $880,000, selling minutes later for $930,000."

Artina DecoArtina Deco
03 9804 3133
James Home Ratings


860/1000
image

CAMBERWELL, 29-31 Rowell Avenue

image
AUCTIONEER AGENCY QUOTE
Steven Abbott Jellis Craig
RESULT
BOUGHT* - $3755000

OUR COMMENTS

"A large crowd of locals attended the auction of this unique property which included two houses, a swimming pool and tennis court. After an exuberant speech from Steven Abbott, and an opening bid of $2.9m, the bids came thick and fast. There were three bidders overall, with two battling it out to reach a sale price of $3.755m."

Artina DecoArtina Deco
03 9804 3133
James Home Ratings


759/1000
image

CAMBERWELL, 56 Bowen Street

image
AUCTIONEER AGENCY QUOTE
Maurice Di Marzio Jellis Craig
RESULT
PASSED IN*

OUR COMMENTS

"A rather large crowd of around 80 people gathered in leafy Bowen Street, Camberwell to witness the auction at number 56. Maurice Di Marzio of Jellis Craig kick started the auction with a vendor bid of $2.15m. This failed to gain traction as bidders at that price were clearly not in attendance. Two subsequent vendor bids were placed before the property was formally passed in at $2.2m. "

David McMillanDavid McMillan
0410 482 553


706/1000
image

CAMBERWELL, 44 Athelstan Road

image
AUCTIONEER AGENCY QUOTE
Gren Coutinho Hocking Stuart
RESULT
BOUGHT* - $2605000

OUR COMMENTS

"No matter what country you are from, when it comes to spending big money MUM always has the last word. In this auction about 100 people witnessed 3 participants making 31 bids until it came down to the last competing bid. Mum was called by the under-bidder on an international phone call. Glen Coutinho of Hocking Stuart gave the bidder plenty of time to discuss all the issues - but MUM said NO. The property was bought for $2.605m after being on the market at $2.6m "

Ralph DoubellRalph Doubell
0407 901 164


588/1000
image

CANTERBURY, 15-17 Mangarra Road

image
AUCTIONEER AGENCY QUOTE
Alastair Craig Jellis Craig
RESULT
BOUGHT AFTER* - $Undisclosed

OUR COMMENTS

"Alastair Craig gave a polished delivery in praise of this Edwardian home on a double block, but the crowd of around 55 people was restrained and there were no bids forthcoming. The property passed in after two vendor bids and one genuine bid of $2.9m."

Eddie WardianEddie Wardian
03 9804 3133
James Home Ratings


675/1000
image

CAULFIELD SOUTH, 19 Flowers Street

image
AUCTIONEER AGENCY QUOTE
Bill Stavrakis Biggin & Scott
RESULT
PASSED IN*

OUR COMMENTS

"It was a day for window shopping at the auction of this Caulfield South property, with auctioneer Bill Stavrakis failing to attract any bids from the crowd of around 70 people. Mr Stavrakis opened proceedings with a vendor bid of $2m, and despite a persuasive speech on the value and quality of the property, could not get any bids from the crowd. The property was passed in on a second vendor bid of $2.1m."

Eddie WardianEddie Wardian
03 9804 3133
James Home Ratings


552/1000
image

ELSTERNWICK, 13 Baxter Street

image
AUCTIONEER AGENCY QUOTE
Bill Stavrakis Biggin & Scott
RESULT
PASSED IN*

OUR COMMENTS

"Strong, fast bidding at this auction but despite interest from three parties, the property failed to sell. Auctioneer Bill Stavrakis accepted an opening bid of $900,000 from the crowd of around 50 people. Bidding was quick and soon reached $1.123m, but was passed in at this amount."

Eddie WardianEddie Wardian
03 9804 3133
James Home Ratings


749/1000
image

ELWOOD, 19 Beach Avenue

image
AUCTIONEER AGENCY QUOTE
Torsten Kasper Chisholm and Gamon
RESULT
BOUGHT* - $2230000

OUR COMMENTS

"A large crowd of 90+ scatter around this windy scene just off Beach Road. Auctioneer Torsten Kasper keeps grounded in the breeze, opening with a vendor bid of $2m and rounds up two bidders to join in. The property is on the market at $2.2m and sells for $2.230m. Another strong result. "

Artina DecoArtina Deco
03 9804 3133
James Home Ratings


743/1000
image

GLEN IRIS, 5 Irymple Avenue

image
AUCTIONEER AGENCY QUOTE
Iain Carmichael Bennison Mackinnon
RESULT
BOUGHT AFTER* - $1910000

OUR COMMENTS

"This property on a cosy corner attracts a crowd of 50+ on this overcast morning. Auctioneer Iain Carmichael is tested to the limit, trying every trick in the bag to generate some participation after two drawn out vendor bids at $1.8m followed by $1.84m. Right at the last moment a bidder pipes up at $1.85m. Carmichael sighs in relief before passing in at this price. Sells almost immediately post auction to the sole bidder for $1.91m. "

Artina DecoArtina Deco
03 9804 3133
James Home Ratings


567/1000
image

GLEN IRIS, 1646 Malvern Road

image
AUCTIONEER AGENCY QUOTE
Iain Carmichael Bennison Mackinnon
RESULT
BOUGHT* - $1772000

OUR COMMENTS

"The noisy traffic, passing cars and strong wind competed with but could not out do the relentless back and forward bidding between two particularly keen bidders, amongst the three bidders involved. This auction led by Iain Carmichael began with a crowd bid at $1.5m. After a vendor bid at $1.55m things took off, the property was on the market at $1.65m and climbed steadily to sell for $1.772m. Strong bidding, vibe and result. A crowd of 40 watched on. "

Artina DecoArtina Deco
03 9804 3133
James Home Ratings


659/1000
image

HAWTHORN, 2 Summerlea Grove

image
AUCTIONEER AGENCY QUOTE
Richard Earle Jellis Craig
RESULT
BOUGHT* - $2500000

OUR COMMENTS

"Auctioneer Richard Earle managed a robust auction with three bidders from a very small crowd of around 30 people. Mr Earle accepted an opening bid of $1.8m and the property was on the market at $2.4m. The property subsequently sold for $2.5m."

Mal JamesMal James
0408 107 988
Principal Buyer Agent


605/1000
image

HAWTHORN, 7 Woodburn Road

image
AUCTIONEER AGENCY QUOTE
Alastair Craig Jellis Craig
RESULT
BOUGHT* - $1405000

OUR COMMENTS

"Alastair Craig of Jellis Craig conducted this auction in front of a crowd of about 30 in the backyard of this well renovated Californian bungalow. Three bidders participated and after starting slowly at $1.2million bids increased by $5000 and $10,000 to quickly reach the reserve of $1.38m. Four more bids took it to its bought price $1.405m. "

Ralph DoubellRalph Doubell
0407 901 164


UNDISC.
RATING
image

KEW, 10 Walsh Street

image
AUCTIONEER AGENCY QUOTE
Jellis Craig
RESULT
BOUGHT BEFORE*

OUR COMMENTS

"This property sold before auction for an undisclosed price."

UnassignedUnassigned
03 9804 3133
James Buyer Advocates


587/1000
image

KOOYONG, 711 Toorak Road

image
AUCTIONEER AGENCY QUOTE
Bennison Mackinnon
RESULT
PASSED IN*

OUR COMMENTS

"Auction Postponed"

Eddie WardianEddie Wardian
03 9804 3133
James Home Ratings


723/1000
image

MALVERN, 12 Gordon Grove

image
AUCTIONEER AGENCY QUOTE
Andrew Hayne Marshall White
RESULT
BOUGHT*

OUR COMMENTS

"In front of 80 people, with Andrew Hayne as auctioneer, this auction started with a strong bid of $1.5m. After referring to the vendor, another bidder joined in tit for tat and the property sold shortly after for a figure in the $1.5m's. A good result for the vendor and the purchaser alike."

Adam WoledgeAdam Woledge
0413 318 079
Registered Architect & Principal Buyer Agent


385/1000
image

MALVERN EAST, 34 Belgrave Road

image
AUCTIONEER AGENCY QUOTE
Steven Abbott Jellis Craig
RESULT
BOUGHT* - $1011000

OUR COMMENTS

"The auction of this property attracted several buyers eager to get a foot in this sought after area. Auctioneer Steven Abbott opened proceedings with a vendor bid of $870,000 which was quickly followed by a genuine bid of $880,000. After the property was declared on the market at $995,000, spectators saw competitive bidding between four bidders and the house sold under the hammer for $1.011m."

Artina DecoArtina Deco
03 9804 3133
James Home Ratings


740/1000
image

MIDDLE PARK, 64 Nimmo Street

image
AUCTIONEER AGENCY QUOTE
Michael Szulc Cayzer
RESULT
BOUGHT* - $3155000

OUR COMMENTS

"A big and noisy crowd of 120+ came to witness this auction, and many were there to bid as well, with about 7 bidders getting involved. It began with a knocked back bid at $1.5m followed by a vendor bid at $2.4m to officially open. Auctioneer Michael Szulc and the Cayzer crew got spun in all directions picking out the bidders and seemed to be just as awe-struck as the crowd when bidding shot past the selling price at $2.8m and sold for $3.155m. Crowd members walked off shaking their heads in disbelief of the selling price. "

Artina DecoArtina Deco
03 9804 3133
James Home Ratings


674/1000
image

RICHMOND, 15 Boland Street

image
AUCTIONEER AGENCY QUOTE
Clayton Smith Jellis Craig
RESULT
BOUGHT* - $892000

OUR COMMENTS

"A strong opening and bidding from four bidders, saw this property quickly go on the market at $850,000. After a quick referral by Clayton Smith, the bidding continued and the property sold for $892,000."

Adam WoledgeAdam Woledge
0413 318 079
Registered Architect & Principal Buyer Agent


774/1000
image

SOUTH YARRA, 117 Millswyn Street

image
AUCTIONEER AGENCY QUOTE
Gerald Delany Kay & Burton
RESULT
BOUGHT* - $2885000

OUR COMMENTS

"About 50 people attended this auction of a Dentist’s consulting rooms. Even with an option of the dentist increasing his lease by 4 years from June 2010 interest was strong with 2 bidders quickly taking the price from the initial vendor’s bid of $2.7 million to $2.8 million when a break was taken. Gerald Delany then announced that there was no reserve price and the same two bidders took it to the bought price of $2.885m."

Ralph DoubellRalph Doubell
0407 901 164


681/1000
image

TOORAK, 765 Orrong Road

image
AUCTIONEER AGENCY QUOTE
Kay & Burton
RESULT
BOUGHT BEFORE*

OUR COMMENTS

"This property sold before auction for an undisclosed price."

UnassignedUnassigned
03 9804 3133
James Buyer Advocates




image

Recent Private Sales


UNDISCLOSED
RATING
image

ARMADALE, 25 Hampden Road

UNDISCLOSED
RATING
image

ARMADALE, 113 Kooyong Road

UNDISCLOSED
RATING
image

ASHBURTON, 2/3 Nairn Street

UNDISCLOSED
RATING
image

BALWYN, 23 Palmer Avenue

UNDISCLOSED
RATING
image

BALWYN NORTH, 22 Bernard Street

UNDISCLOSED
RATING
image

BALWYN NORTH, 83A Panoramic Road

UNDISCLOSED
RATING
image

BALWYN NORTH, 11 Aquila Street

UNDISCLOSED
RATING
image

BALWYN NORTH, 10 Kyora Parade

UNDISCLOSED
RATING
image

BALWYN NORTH, 22 The Boulevard

UNDISCLOSED
RATING
image

BALWYN NORTH, 19 The Boulevard

UNDISCLOSED
RATING
image

BALWYN NORTH, 56 Corhampton Road

UNDISCLOSED
RATING
image

BALWYN NORTH, 3 Willis Street

594/1000
image

BEAUMARIS, 68 Haydens Road

UNDISCLOSED
RATING
image

BEAUMARIS, 4 Tramway Parade

UNDISCLOSED
RATING
image

BEAUMARIS, 463 Beach Road

UNDISCLOSED
RATING
image

BEAUMARIS, 27 Bodley Street

UNDISCLOSED
RATING
image

BEAUMARIS, 220 Reserve Road

759/1000
image

BENTLEIGH EAST, 43 Mawby Road

615/1000
image

BLACK ROCK, 30 Fourth Street

747/1000
image

BLACK ROCK, 27 Stanley Street

UNDISCLOSED
RATING
image

BRIGHTON, 1 Anne Crescent

UNDISCLOSED
RATING
image

BRIGHTON, 47 Lynch Crescent

UNDISCLOSED
RATING
image

BRIGHTON, 219 Church Street

626/1000
image

BRIGHTON, 3 Maysbury Avenue

UNDISCLOSED
RATING
image

BRIGHTON, 23 Hamilton Street

UNDISCLOSED
RATING
image

BRIGHTON EAST, 14 Churchill Court

UNDISCLOSED
RATING
image

BRIGHTON EAST, 58 Shasta Avenue

UNDISCLOSED
RATING
image

BRIGHTON EAST, 15 Roberts Court

UNDISCLOSED
RATING
image

BRIGHTON EAST, 11 Rogers Avenue

UNDISCLOSED
RATING
image

CAMBERWELL, 16 Sefton Place

UNDISCLOSED
RATING
image

CAMBERWELL, 2 Crellin Grove

763/1000
image

CANTERBURY, 12 Byron Street

UNDISCLOSED
RATING
image

CANTERBURY, 36 Victoria Avenue

UNDISCLOSED
RATING
image

CARNEGIE, 8 McLaurin Road

UNDISCLOSED
RATING
image

CAULFIELD NORTH, 11 Orrong Crescent

UNDISCLOSED
RATING
image

CAULFIELD SOUTH, 19 Frederick Street

728/1000
image

ELSTERNWICK, 18 Willow Street

UNDISCLOSED
RATING
image

ELSTERNWICK, 40 Edward Street

UNDISCLOSED
RATING
image

ELSTERNWICK, 21 St James Parade

UNDISCLOSED
RATING
image

ELWOOD, 4/29 Selwyn Avenue

691/1000
image

GLEN IRIS, 25 Dorrington Avenue

UNDISCLOSED
RATING
image

GLEN IRIS, 3/14 Van Ness Avenue

UNDISCLOSED
RATING
image

GLEN IRIS, 32 Sunhill Road

UNDISCLOSED
RATING
image

HAMPTON, 13 Charles Street

UNDISCLOSED
RATING
image

HAWTHORN, 21 York Street

UNDISCLOSED
RATING
image

HAWTHORN EAST, 7 Rathmines Grove

UNDISCLOSED
RATING
image

HIGHETT, 5 James Avenue

UNDISCLOSED
RATING
image

HIGHETT, 17 Moira Avenue

UNDISCLOSED
RATING
image

HUGHESDALE, 12 Paget Street

UNDISCLOSED
RATING
image

KEW, 217 Cotham Road

UNDISCLOSED
RATING
image

KEW, 21 Kent Street

UNDISCLOSED
RATING
image

KEW, 37 Duke Street

UNDISCLOSED
RATING
image

KEW EAST, 110 Kilby Road

UNDISCLOSED
RATING
image

LOWER PLENTY, 1 Yardie Court

UNDISCLOSED
RATING
image

MALVERN, 51 Cawkwell Street

UNDISCLOSED
RATING
image

MALVERN EAST, 61 Kerferd Street

UNDISCLOSED
RATING
image

MALVERN EAST, 68 Tooronga Road

620/1000
image

MERRICKS NORTH, 25 Old Bittern Dromana Road

UNDISCLOSED
RATING
image

MIDDLE PARK, 14 Mcgregor Street

UNDISCLOSED
RATING
image

MONT ALBERT, 27 Gordon Street

UNDISCLOSED
RATING
image

MONT ALBERT, 16 Louise Avenue

UNDISCLOSED
RATING
image

MONT ALBERT, 411 Mont Albert Road

UNDISCLOSED
RATING
image

PORT MELBOURNE, 98 Albert Street

UNDISCLOSED
RATING
image

PORT MELBOURNE, 22 McCormack Street

UNDISCLOSED
RATING
image

PORT MELBOURNE, 101/85 Rouse Street

UNDISCLOSED
RATING
image

PORT MELBOURNE, 10/130 Princes Street

UNDISCLOSED
RATING
image

PORT MELBOURNE, 9 Page Avenue

716/1000
image

PRAHRAN, 11 Spring Street

UNDISCLOSED
RATING
image

SANDRINGHAM, 37 Duncan Street

UNDISCLOSED
RATING
image

SOUTH MELBOURNE, 347 Moray Street

UNDISCLOSED
RATING
image

SOUTH MELBOURNE, 281 Bank Street

UNDISCLOSED
RATING
image

SOUTH MELBOURNE, 346 Park Street

UNDISCLOSED
RATING
image

SOUTH YARRA, 27 Powell Street

UNDISCLOSED
RATING
image

SOUTH YARRA, 30 Park Place

UNDISCLOSED
RATING
image

SOUTH YARRA, 1207/12 Yarra Street

UNDISCLOSED
RATING
image

SOUTH YARRA, 57 Argo Street

UNDISCLOSED
RATING
image

SOUTH YARRA, 10/54 Anderson Street

UNDISCLOSED
RATING
image

ST KILDA, 75 Pakington Street

UNDISCLOSED
RATING
image

ST KILDA EAST, 2/9 Alston Grove

UNDISCLOSED
RATING
image

SURREY HILLS, 29 James Street

UNDISCLOSED
RATING
image

TOORAK, 5 Rostill Court

UNDISCLOSED
RATING
image

TOORAK, 190 Kooyong Road

656/1000
image

TOORAK, 21 Glyndebourne Avenue

UNDISCLOSED
RATING
image

TOORAK, 1/496 Toorak Road

UNDISCLOSED
RATING
image

WINDSOR, 74 Peel Street


image

Next Week's Auctions


620/1000
image

BALWYN NORTH, 76 Cityview Road

Quote: $790,000 - $870,000         Time: 12:00pm, Feb 13 2010
610/1000
image

BLACK ROCK, 9 Champion Street

Quote: $850,000 - $950,000         Time: 11:00am, Feb 13 2010
431/1000
image

BRIGHTON EAST, 132 South Road

Quote: $975,000 - $1,100,000         Time: 10:30am, Feb 13 2010
597/1000
image

CANTERBURY, 81 Maling Road

Quote: $875,000 - $950,000         Time: 1:30pm, Feb 13 2010
616/1000
image

GLEN IRIS, 44 Staughton Road

Quote: $1,400,000         Time: 12pm, Feb 13 2010
645/1000
image

GLEN IRIS, 38 Allison Avenue

Quote: $1,150,000 - $1,250,000         Time: 11:00am, Feb 13 2010
753/1000
image

IVANHOE EAST, 46 York Avenue

Quote: Undisclosed         Time: 1:30pm, Feb 13 2010
604/1000
image

MALVERN, 3 Winter Street

Quote: $1,300,000 - $1,400,000         Time: 2:30pm, Feb 13 2010
408/1000
image

MCKINNON, 76 McKinnon Road

Quote: $800,000 - $830,000         Time: 10:30am, Feb 13 2010
675/1000
image

MIDDLE PARK, 304 Richardson Street

Quote: $1,420,000 - $1,550,000         Time: 12.30pm, Feb 13 2010
UNDISCLOSED
RATING
image

MOONEE PONDS, 7 Chaucer Street

Quote: Undisclosed         Time: 11:00am, Feb 13 2010
UNDISCLOSED
RATING
image

THORNBURY, 80 Clyde Street

Quote: Undisclosed         Time: 11:00am, Feb 13 2010


image

Previous Weeks Recap

More archives can be found here

November 28th & 29th

Most of those that were hot were red hot - but there are buying opportunities

It's 6.00 pm Saturday and the James $m+ Clearance Rate on the on the 30 $m+ properties we attended today, was a credible but not stellar 63 per cent.


Detailed Analysis in all Market Wraps below Market... Show Full Story

November 21st & 22nd

Strong but a little patchy - probably some vendor price issues

It is 6pm Saturday and the James Auction Clearance Rate on the 26 $1 million-plus properties we attended and reported on today was 69 per cent. 


Three Cheers for Greg... Show Full Story

November 14th & 15th

Last week just looked like a blip for sellers - strong today for the right home!

It is 6pm Saturday and the James Auction Clearance Rate on the 22 $1 million-plus properties we attended and reported on today was a very strong 86 per cent. Last week was subdued but today was... Show Full Story



Head Office
9 Hillcrest Ave
Brighton 3186
Ph: 03 9596 8822

James Home Ratings
313 Glenferrie Rd
Malvern 3144
Ph: 03 9804 3133

James Home Ratings
2/242 Lwr H'berg Rd
East Ivanhoe 3079
Ph: 03 9804 3133

James Home Ratings
737 Burwood Rd
Hawthorn 3122
Ph: 03 9804 3133

Explanations & Disclaimers
Bought* - Indicates property has been sold. We are a rating company for buyers only, and we use the word bought instead of sold. We do not buy all the properties listed on this website so we often rely on an advertised price or the selling agent to indicate bought price and occasionally the result may be inaccurate.


Show more definitions & disclaimers

James Home Ratings

UPDATED DAILY

Larger Houses

38 Montclair Avenue BRIGHTON
38 Montclair Avenue
, BRIGHTON (661)
823 Hampton Street, BRIGHTON (632)
22 Bourne Road, GLEN IRIS (687)
24 Yarra Street, HAWTHORN (646)
10 Malmsbury Street, KEW (705)
more ratings

Smaller Houses

17 Love Street BLACK ROCK
17 Love Street
, BLACK ROCK (627)
118 Cochrane Street, BRIGHTON (631)
19 Torrington Street, CANTERBURY (417)
13 Strathern Avenue, COBURG (695)
9 Gordon Street, HAMPTON (740)
more ratings

Land Only

18 Ormond Street KENSINGTON
18 Ormond Street
, KENSINGTON (594)
9 Alfred Street, KEW (737)
15 Ventnor Street, BALWYN NORTH (532)
more ratings

REIV and Victorian Government Licensed Buyer Agents
We are government-licenced Buyer Agents.
November 28th 2009
Huge numbers on offer today with another 2 big auction weeks to follow before Christmas wind-down. A lot were bought, but the sheer weight of supply took its toll with Bidderman at a lowish 1.8 overall – consequently clearance rates were down. Strong underlying demand remains, especially on the goodies BUT there are buying opportunities now being presented.
Show Full Story

November 21st 2009
We cannot put our finger on it today - was it stock quality, richness of choice or some vendors high in the stirrups – market seemed strong on the big homes and there were some ripper auctions, yet some of our advocates and reporters saw multiple auctions without any bids. Overall strong for sellers, but not as convincing as last week.
Show Full Story

$Million Market Latest
Auctions We Reviewed:
78% from 23 auctions
REIV Reported:
82% from 871 auctions
View weekly results archive

Melbourne Top End
What is really happening at Melbourne's top end?
Click Here
Melbourne Market

Melbourne Market
To find out where you need
to be & what we buy
Click Here
Melbourne Market

Find Property
Learn about the 3Ps:
Property, Position, Price
Click Here
Melbourne Market

Testimonials
We have found self-endorsement pretty useless, so this is what others have said about us
over the years.
Click Here
Melbourne Market

News Enquiries:
Melinda Brown
Editor
+613 9804 3133
melinda@james.net.au