TG

They’re Off!

Why wait for Cup week? There are vendors who have been ready to place their bets early and for some it has paid off. The market has been on the run and the bookmakers are taking a beating. 17 Albany Road had a Cup field of bidders. Crossed the line at $6.25m — $825k ahead of Reserve. 33 Hawksburn Road Good […]

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Toorak Gives Birth

There’s a new postcode: 3142½ It’s Hawthorn. The dear old bridesmaid is making a run for the altar and woe betide anyone fool enough to get in the way. It’s all grit and determination and sharp elbows (a little like a footy team on its way to a flag). The weddings were held on Saturday on

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Let The Games … Begin?

Election’s done. School hols ditto. Game on, or back to sleep? Don’t get out of your pyjamas just yet. True to form, this bear market looks like hibernating ’til Spring; when more choice becomes apparent. How could that be? How could you be reading about Melbourne property leaping by 20%, about hordes of expats rushing

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Fairy Tales in Fairyland

Toorak. South Yarra. Where dreams of mansions come true. Sometimes.  There’s just not enough Trak and SY to find a suitable spot for all those dreams, thus the warring cheque books. Add developers with dreams of their own. Stand back. Watch prices rise like nowhere else. 4 Robertson St No court. Not much land. No Chinese

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What election?

Come on. Elections are supposed to slow things down. Ease up. Give pause. Not this time. All the political taunts, rants, raves and predictions of doom are being treated like no more than irrelevancies. Let the pollies play, we’ve got better things to do. Land Tells No Porkies It’s the one fact no-one can argue with

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Recipe For Volatility

Election Uncertainties Wobbling Currencies Chinese Puzzles ATO Rumblings Winter, Winter, Winter Is it any wonder that many vendors think it’s all just too hard? Who knows what the post-election months will bring? Will Jobson Growth get the gig or not show up for work? Will our currency jelly set? At what level? Have the Chinese said

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Snakes. Ladders. Lessons.

It’s up! Prices are up! Never seen a market like it! Doom. Gloom. Regret (is there a violin in the house?). What happened? Ah, the Top End. Every home an exception. On the ladders it’s never been better, on the snakes it’s bite, bite, bite. For buyers it’s hen’s teeth time, not helped by the

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Litmus — Level Red 

Land is real estate’s most objective litmus test; and never more than among the AAAs over the last couple of weeks. It’s beyond red. Think Dayglo. Adjoining properties at Anderson Street and Domain Road. An EOI that put them together. 28,000 sq ft. Some heritage issues. Some price: $33m. And a Dayglo red flag for

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