The cyclone at the top

How many unprecedenteds can line up in a row? Last week’s unprecedented is history and next week is likely to make this week seem tranquil. Climate change predicts stronger cyclones. Top end real estate’s strengthening cyclone is all about human change. What’s the weather like? Conservative reserves are being blown away by bids 10-20% above …

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Chaos. No theory.

Welcome to this year and a bedlam of “I’ll tell you what’s coming…” from those property gurus with 20% holes in their feet right where they shot themselves last year. What’s hot at the top? You’re on a beach on either side of the Peninsula and in need of $20m+? You’ll be killed in the …

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COVID hits the brakes. The market hits GO! (Told you so.)

OK, we got it right. When the pundits were predicting hammerings of 25% then 20% then… We weren’t. It’s the difference between head-in-stats and feet-on-floor. What’s Up? Over the last two weeks we’ve seen nine quiet transactions at around $15m. That would not have happened a month ago. In the last week eight more $20m+ …

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