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The top end continues to work in mysterious ways. A very expensive, very silent submarine. Secrets rule. We’d tell you but they’d have to kill us and we’re too busy to go to that funeral. And then a periscope pops up. 21,000 square feet of 12 Albany Road sells – not overnight, it took four weeks […]

Where did everybody go? Why has the top end … disappeared? And who’s to blame? Nobody’s short on theories: It’s the carbon tax, it’s the Oz Dollar, it’s the long weekend (really?), it’s school holidays, the weather, the footy, the… Our turn: At the top end it’s because there’s next to nothing for sale for

Those seeking the real action at the top end should take a look at 250 William Street, Melbourne. Yes. The County Court. It’s fun for all the family as QCs take aim at when an offer is or is not an offer and whether an agent had a real counter-offer or was crossing his fingers

This much you know: the market is soft, its top end especially so. Many listings, few must-haves. And plenty of those less than exceptional houses which a year ago would have had crowds queuing today can’t attract a stray cat – any bets on how long it will be before the offers of free coffee

What happened at the top end over the weekend? Not enough to waste your time. There’s action behind closed doors but that, at least for the time being, is where it must remain. David Morrell Something to say? Add your comment below.   Soft is pundits’ new hard-sell “They need the turnover,” says buyer advocate

What’s the latest? What’s really happening? Depends on who’s doing the reporting. Any historian in years hence, trying to make sense of what happened in this real estate market (OK, an unlikely field for any historian, but stranger things, etc…), will spend considerable time rolling on the floor laughing at all the self-interested opinion found

That shrieking klaxon you can’t hear? That’s a submarine making a crash dive and keeping it very quiet. It’s a very nice, very expensive submarine. All the bells and whistles. A top end submarine. It’s Melbourne’s top end real estate market. And now it’s diving. Then why can’t you hear the alarm? [pullquote]…everyone is staying quiet-as-mice

What’s on everyone’s mind? There’s a significantly better-than-even chance it’s not real estate. Certainly not at the top end. There’s just not enough good stuff around to exercise anyone’s imagination. [pullquote]…you may as well go back to sleep until the bunny has been and gone.”[/pullquote]OK, there are exceptions such as that below, but unless there’s

If you needed any more proof that we live in volatile times, you need look no further than the streets of Melbourne during the last weekends of March, 2011. The loudest sound (not counting some itty bitty car race) was every auctioneer’s nightmare: silence. A year ago, anything that wasn’t condemned (and some which were)

In Real Estate World, they love a label (OK, they’re not alone). So what happens when a reasonably consistent flow of properties coming to market is interrupted by school holidays or a long weekend? There’s a catch-up surge in subsequent weekends. Super Saturdays! Seems like there are more and more of those each year. While