If there is a single indicator that sums up everything that can be known about a property it is that five-letter word: Price. Price reflects everything: place, quality, size, amenity, the mood, Outside Forces, a buyer’s ability to pay… Even what Mr Putin may have planned. Yet eventually only the buyer decides. Not vendors with […]
That elusive reality: Price Read More »
… don’t. Those suitcases full of millions arriving at our airports to snap up trophy homes at record prices. You’ve read all about it. It’s all over the papers. But at times strangely absent come settlement day. Evidence? A certain trophy on St Georges Road is back on the market. Buyer-paid-too-much-cold-feet? One property does not
Now you see them, now you… Read More »
The Grand Prix shut down Albert Park and Middle Park for the weekend. No starters, no race. Spray Farm has finally left the grid — for rather more than the $10 million + reported. Think somewhere over $13.5 million. One inspection, one bid. Race over. 29 Hopetoun Road started before a crowd of 80-ish. On the market
The news. Quick! 3 markets emerge: $5 million + Slow, thoughtful $2.5-5 million Same 5 hands a-waving, week in, week out $2.5 million – Free-for-all Hyperactivity fed by underquoting: It’s on again, led by a culprit agency which is dragging all the others down and causing wanton pain among buyers. Telling the innocents that a
Day. Hijacked. Hurry. Read More »