June 11. A weekend’s holiday
Queen’s birthday weekend is a quiet time at the top end of the real estate market. We’ll be back next week.
June 11. A weekend’s holiday Read More »
Queen’s birthday weekend is a quiet time at the top end of the real estate market. We’ll be back next week.
June 11. A weekend’s holiday Read More »
One wonders what substances some buyers must be on. Once again the market on Saturday has continued to move forward, however with the Vizard sale at $18 million for a property that was arguably worth $14 million, one has to question what is motivating some buyers. Last Thursday 6 Coppin Grove sold for $5.6 million
June 4. The silly season continues… Read More »
What a weekend!!! It is getting very tough out there and even tougher to find value. Prices paid over the weekend again confounded experts, but what was really surprising was the number of bidders attending most auctions. You weren’t bidding against just one other; often it was four or five. Some of the results were
May 28. It’s tough to find value… Read More »
It just keeps rolling along … the juggernaut continues! Again, it was the top end that was setting the pace over the weekend. With the distinct lack of choice available, we expect this sector to continue to outperform other market sectors. The sale of 20 Lansell Road, Toorak, on land of 19,000 sq ft for
May 21. The juggernaut continues Read More »
The surge continues … Another weekend when the top end took the market into unknown territory. Results which continue to defy logic and surprise us and valuers alike. This was lead by the sale of 19 Barry Street, Kew, for $5.8 million. A totally renovated Victorian on 16,000 sq ft. and a sale which is
May 14. Logic defied Read More »
It was business as usual with the market continuing to move forward, exceed expectations and break new ground. The weekend started badly for purchasers with the 5.00pm Friday night boardroom auction of 2 Rowland Street, Kew (south side and not AAA). The land was only 8,280 sq ft and $200 per foot yet to be
May 7. Buyers chase quality Read More »
Regrettably for purchasers, the top end market is still running hot and that shows no sign of abating. A clear example is 16 Albany Road, Toorak, which was sold prior to auction to a friend of the vendor’s for what is rumored to be around $10.8 million. Again, this demonstrates the anxiety in the market
May 1. Market anxiety Read More »
The market this week has continued to defy logic. The sale of 24 Huntingtower Road, Armadale for $6.8 million prior to any advertising shows the incredible appetite for quality property. This is on the back of the recent sale of the townhouse in St James Court, Toorak which again shows that the public will pay
April 23. Extraordinary prices Read More »