moko

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 […]

You’re living in it. If you’re buying, prices are moving so fast that even valuers can’t keep up. If you’re selling, you cannot be sure how long the good times will continue to roll. Every boom has winners and losers. This is standard boom stuff in a boom like we haven’t seen since the 1980s.

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

Sanity. Imagine that! Clendon Road. This was always going to be a test of the Top End. It passed. The owner’s expectations were well aligned with the market’s: $20m. With three hands a wavin’, it went for 10% more. 70+ parties inspected — given the Covid restrictions demanding a lot of the non-serious, that suggests

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+

Everywhere you look doesn’t look like it looked before. How do you make sense of chaos? How can you predict what’s next? A glimpse at how we got here provides a clue. This is from realestate.com.au   Victoria’s first COVID lockdown near-killed buyer interest, it then rose well above the norm until taking another hit

A submarine, of course, because the real AAA action (and there’s a lot) is now underwater. And a mask because that’s what you need to go anywhere today. So. What’s up, down at the top? Market Crashes. Not. Last week non-AAA land went for $8,300/sq m. That kind of result was not alone. The doom-singers

How was your Sunday? Kind of short? That will be the Winter Solstice. Traditionally the time for the real estate market to curl up and die. But there’s still life left if you know where to look. Just last week $25m changed hands (yes, really, real money and everything) and there are a couple in the

Some lessons for migratory estate agents who haven’t been around in MEL for longer than they can remember. Lesson 1. Is this winter? You open a door and it’s really cold. That’s a sign that it’s probably winter and you’re not in the South of France. Lesson 2. Things still get bought. Home things. (Yes!