T.E.T.

Election. Tick. Footy Finals. Not yet. School hols. Not over. Property boom. What? Guess what: Those who would profit from a property boom seem to have found one. They’re shouting from the rooftops: It’s on again! Yes, we’re seeing a fair bit going on off-market but at the top end there’s hardly a call for […]

Spring has sprung, the grass is riz, but at the top end we’re still wondering where the vendors is. (And apologies to Anon.) Yes, buyers are blooming, but choice properties to buy are still thin on the ground. Those with homes they may be thinking about selling are like penguins nearing the beach — no-one

When is a bubble not a bubble? We’re hearing it shouted from the roof-tops of some top-end agents: “The good times are back!” “Or nearly back!” “Or will be along on the next bus!” At the top end, we’re not seeing that in transactions. Is this the bubble you have when it’s all in the

There’s no ‘one’ market; and no single influence that decides it. At times it seems every property writes its own rules. So, herewith some trends we’re seeing: it’s taking longer to do the deal – yes, price is still the usual sticking point (some agents are still living 10% and more above reality) and there

The top end is (surprise!) not like the other end. Or like the middle. Homes are bought and sold more out of want than need. Every home a Market of One – trends seen further down don’t count for much here. (If you have six bedrooms and more bathrooms than can be cleaned in a

What’s up? No more than you’ll read here. No inside stories there. What’s really happening? School hols.

We’ve been saying it all year: the top end is going underground. Off-market. Out of sight. When you’re looking above $3 million you are less and less likely to find what you are looking for among estate agents’ listings. And the higher you go, the lower your chances. The Fin Review reported on it today

Agent suggests a price. Offer is made. Vendor refuses. Sacks agent. Vendor starts the process again. And again. Especially in EOI’s. Or spits the dummy and gets the tenants in. Agents can be partly at fault by suggesting realistic prices to would-be buyers in the hope they’ll then be able to persuade their vendors that

If brevity really is the soul of wit (thanks, Will) this week’s report should have you rolling on the floor. Nothing to report from Prahran to points East. Nothing of note at the top end. Won’t waste your time. Doesn’t even warrant another full stop David Morrell Bayside: About % The Brightons 81% sold – out of