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Sensible? You want sensible? Next you’ll be asking for a sensibly priced home that you’d want to sell your house to buy. Not this Spring. Not yet. Recipe: Real Estate Bombe Alaska INGREDIENTS: Canberra. Enough said Royal Commission. Ditto Banks (toasted) Sellers Something to buy Agents’ valuations Reality Unreality Agents’ valuations METHOD There is none.  […]

  Great news for sellers? Not really. It’s because nothing is happening. But Hope Lives On! Head to $6m or $15m and beyond and you’ll still find vendors who are dreaming that their exceptional home is well worth their exceptional expectations. But there’s just no movement at the station. Pickings are getting ever-slimmer. People are

So much going on, so little to be seen. Widening gulfs between advertised prices and what ends up being paid. Agents running from home to home, killing lights at every switch. More EOI’s and private auctions at all levels. Agents putting Putin to shame in concealing prices and buyer knowledge — and often that there

Yes. It really is, but in MEL real estate, whether it’s your money or someone else’s depends on what you’re buying or selling as much as when. You’re buying AAA? Right now, time is against you. True AAAs have never been harder to find and there’s an ever-growing number of those who’ll pay to snap

Woemongers stalk the streets: “There’s nothing to sell.” Behind closed doors, three bidders stream past $30m. Normal? That was then. Silent Running It’s a submarine thing. Nothing to be seen on the surface (see Woemongers above) but intense action below (see $30m). Web surfers and agent ringarounders are no longer in the game. Agents working

File it under Never-Been-Seen-Before. In the last 48 hours, five blocks of land have sold in Toorak. All separate. All to locals. All at litmus-testing prices. Higher than has been seen for land on each street before. And there’s more… Another, tonight. 66 Clendon Road via EOI closing at 5pm. Being pumped at $11k/metre. Duelling cheque

First, a disclaimer. There’s little value in thinking of the real estate world as a “market”. It’s not. It’s individuals deciding when to buy or sell individual homes and how much should be paid. It’s why clearance rates may be the most quoted useless statistic anywhere outside of politics. Every house is its own market.

The Story of Summer at The Top End The cliff-hangers of Portsea are hanging on (not one sale). Ditto all along the coast from Phillip Island to Lorne. Ditto the city’s salubrious streets (there’s action behind closed doors, but move along—there’s nothing to see here). On the horizon? Clear air punctuated by the occasional vendor

For many people, the images in this morning’s Top End Trends email did not appear and it would not have made much sense. You’re still not seeing images? Click here and all will be revealed. And apologies. That Was The Dance That Was… Doors are slamming, movers are packing, would-be sellers are sweating (still). A

Doors are slamming, movers are packing, would-be sellers are sweating (still). A mariachi band of a year is dancing to its close. The Lesson Of The Year No matter what the “market” does, it’s individual sales that matter. When an individual buyer connects with an individual seller, bingo. Deal done.  This Spring, a squillion of