T.E.T.

We had something of everything: little choice wonderful opportunities some surprises large numbers mostly subdued bidding an occasional out there result … sounds a bit like the new government. Overall impressions? there’s a bit more confidence around – possibly due to us at last having a government the number of quality AAA properties continues to […]

Gales and floods and crowds at auctions. Trembling temperatures and crowds at auctions. Finals footy and crowds at auctions. Are Melburnians mad? Our all-season sport is to crowd auctions. Now, with a market heading in all directions, it may be the only way to see who is bidding and whether the scene still has a

Hit, miss. Hit, miss. Hit, miss … Hits: 59 Studley Road, Ivanhoe. Substantial art deco house on 3000 sq m with city views. Quoted at $3 million plus, reserve $3.5 million, sold for $4.3 million. Two determined bidders will do that. 31 Hawksburn Road, South Yarra. Unrenovated Victorian terrace. Quoted at $1.6 million plus, sold

It’s a limp toward Spring. At the top end buyers are still around and they’re being seen at inspections, but there’s little on offer to excite them. Disinterest rules. We’ve been feeling the pulse of Map 58, trying to detect a heartbeat. Hardly a flutter. The agents will tell you that this is the usual

This is a market every bit as fascinating as a 3am debate about who will win the wooden spoon. No choice, no zing, no heartbeat. And more school holidays only a month away. Agents are now spruiking a flood of properties about to come onto the market; but even if that’s true (we suspect not),

It is as quiet as it has been in 20 years. Even the 1990 blood bath had some transactions to make a noise about. We’re now in new territory for a lot of agents who have nothing but memories of endless listings. Explanations? They’re wherever you would like to look: the election, the sharemarket, the

Tis the season of polls, polls, and more polls. Even worms are being asked for their opinions. And for every question, you get to choose the answer you like. Jeremy Grantham pontificated on Oz and continued his stirring of our property market, suggesting that we’re at the height of a bubble and home price falls

Silence. Expensive silence. The top end has been out to lunch, on hols, nowhere to be found. Gone missing. Top end vendors, however, have been found looking over fences, in bushes, under carpets – wondering where their agents have gone. Amazing. You  spend $25-30,000 on a sales campaign and when that falls on its face

A big weekend of sport with Spain finally triumphing in the beautiful game, Cadel Evans donning the yellow jersey in Le Tour and Saint Nick back to lead St Kilda to glorious victory in September. Melbourne’s other winter sport – property watching – yielded little to get excited about. Real bidders and live bidding the

Even with the start of school holidays, Bayside activity continues; reduced auction numbers prompting its highest percentage clearance rate in many weeks, despite seriously winter weather. It is becoming more and more obvious that the recent slide in clearance rates across Melbourne, and in Bayside in particular, has not been created by The European Debt