The winter blues continue with most vendors still happy to hibernate until spring. Buyers? Still cautious. Still wanting to see more than what is presently on offer. And then there are some properties out there that just can?t be sold. Take, for example, 9 Barnsbury Road, Canterbury, 22 Mountview Road, Malvern and 52 Hampden Road, […]
T.E.T.
We’re back ? truffle-hunting as usual, but this winter the treasures appear to be a mite more elusive. The most common question we have been asked over the last few weeks? “Has the property bubble finally burst?” We don’t believe so. There’s no real evidence to suggest a head-on crash, but with media reports of
June 23. Brighton’s tables upended.
A few months ago, Brighton East was the hotter of the Brightons. Now the tables have turned. Over the past few weeks it’s been the Eastenders who have let the side down. Last weekend? Brighton East: seven auctions, just two sales (28%). Brighton: seven out of nine (77%). Has Brighton had a reality check with
June 23. Brighton’s tables upended. Read More »
June 16. No-one to catch the bouquet?
It feels like the dying hours at the wedding of the year. The bride and groom are long gone. The headaches have begun to pound among those with no homes to go to. A few of the party boys (OK, the estate agents) are still moving to music they blearily remember but the band, too,
June 16. No-one to catch the bouquet? Read More »
June 2. Not drowning, waving?
Saturday proved again that if you own something special, something a little unique or something that has WOW! you can get a great result even when it seems most of the market is drowning. Hawthorn, for the second week in a row, was again the hot spot at the top end (is Toorak
June 2. Not drowning, waving? Read More »
May 26. Doom & gloom. Punters go to footy.
It is not unusual, during the school holidays, to take a trip to Disneyland. Take the family! Have fun! But in the eternal optimists’ world of real estate, some appear to have lost their critical faculties along with their luggage. The holidays are over, people. It’s time you came home and took a look at
May 26. Doom & gloom. Punters go to footy. Read More »
May 19. Baby it’s cold inside.
Thermometer drops! Arctic blast rips through market! And it’s not just weather! Yes, the auctions ran inside, but even there it wasn’t a whole lot warmer. We are not used to this in sunny MEL. Forlorn groups of near-neighbours who have only shown up for the entertainment (too cold for footy?) while auctioneers work to
May 19. Baby it’s cold inside. Read More »
May 12. Hot. And not.
Mother’s Day weekend was chocolates or boiled lollies with a large order of not much in-between. When it’s stand-out, it’s hot, hot and hot. If it’s slightly ordinary you’ll get more bids for ice in Siberia. Overall there are many signs that the market has moved into “caution” mode, despite which some
May 12. Hot. And not. Read More »
May 5. Dollar does in ex-pats, local climate chilly.
Where were we over the weekend of April 26/27? Checking out the (in)action in Hong Kong. While the AUD is up up up, ex-pat interest in the Australian market is down down down. Back in the real world … It has been … interesting. The weather is cool and buyers have, mostly, been
May 5. Dollar does in ex-pats, local climate chilly. Read More »
April 21. Singing the blues.
Look at Saturday’s real estate reports … and wonder. Because you won’t find the real story there. What really happened? In four words: “passed in” and “vendor bid”. Agents are now doing it hard. Many of them over-quoted prices to vendors in order to win the business (see Why can’t you get the truth about
April 21. Singing the blues. Read More »