James Market Insight
March 20th 2010
It is 6pm Saturday and the James Million Dollar-Plus Clearance rate for the 27 Auctions we attended today was 65 per cent. Bidderman remained steady at 2 bidders per auction. However 1 in 3 of... Show Full Story
It is 6pm Saturday and the James Million Dollar-Plus Clearance rate for the 27 Auctions we attended today was 65 per cent. Bidderman remained steady at 2 bidders per auction. However 1 in 3 of... Show Full Story
James Market Insight
March 13th 2010
It is 6pm Saturday and the James Million Dollar-Plus Clearance rate from the 31 Auctions we attended today was 61 per cent. Wow that was a bit of a surprise! Please note we thought the quality of the homes on offer... Show Full Story
It is 6pm Saturday and the James Million Dollar-Plus Clearance rate from the 31 Auctions we attended today was 61 per cent. Wow that was a bit of a surprise! Please note we thought the quality of the homes on offer... Show Full Story
Private Sale
11 Grosvenor Court TOORAK
DAYS ON JAMES
320
320
4
4
4
1,970sqm
UNDISCLOSED RATING
Property Analysis of 11 Grosvenor Court, TOORAK
Characteristics of 11 Grosvenor Court, TOORAK
Price
Selling Agent
Michael Gibson
Agency
Kay & Burton
Quote Comment
Confused about price? Arrange an appointment.
Property
Land Size
1970 sqm *Approx
Land Content
Bigger (Area Type)
Rear Light
South
Style
Period
Cladding
Brick
Storeys
Double
Position
Area
STONNINGTON
Suburb
TOORAK
Precinct
Above Average
Street
Quiet, Leafy, No Traffic
Talk to Kristen
Welcome. We are government-licensed Melbourne Buyer Advocates, also known as Buyer Agents or Property Finders. We are the opposite of selling agents and only work for buyers.
Hi my name is Kristen. I understand it may be a little daunting making first contact from the internet or a friend's work colleague's suggestion; so to help you we have provided you with some no oblication alternatives.
Phone: You can phone or SMS me on 0423 778 774 or our office on (+613) 9804 3133
Email: You can email me at kristen@james.net.au
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Overseas or Interstate:
No problem, email, conference calls, etc. Let me know your time zone and availability for a return phone call or email.
Our first meeting is no obligation so ring me now if you wish on 0423 778 774, I have a 24 hr recording if I'm unable to answer
Market analysis of Stonnington area
Slower in South Yarra and Toorak
March 20th 2010
If the vendor and/or the vendor's agent get a touch aggressive concerning the price of a property in this market, the property is more likely to be passed in - and the only way to sell it is to meet the market. Andrew McCann of Ben Mac stills believes there is plenty of demand out there but some vendors have not taken their rose coloured glasses off and he even suggests that some (other) agents may be over promising on prices. Today in Toorak, South Yarra, Kooyong and Malvern we attended 9 auctions. At 5:30 pm, the results were seven pass- ins while two, 7 Teringa Place, Toorak (James Redfern Marshall White) and 16 Belson St Malvern East ( both proxies for land value) sold well. This ratio is a bit different to the REIV numbers where they report 4 pass- ins from 18 auctions. Activity over the next week especially at the weekend will give a better idea of where the market is heading for the first half or the year. The Belson Street auction (Ian McLennan and Danielle Waterton of Benmac) was interesting with 6 bidders making close to 100 bids for an ungraded property on the Gascoigne Estate. The activity was increased by the presence of what appeared to be a couple of developers. If we fully discount any value for the house then the land was priced at approx $2650 psm- about what we would expect for this area. Similarly Teringa Place could also be viewed as a proxy for... Show Full Story
If the vendor and/or the vendor's agent get a touch aggressive concerning the price of a property in this market, the property is more likely to be passed in - and the only way to sell it is to meet the market. Andrew McCann of Ben Mac stills believes there is plenty of demand out there but some vendors have not taken their rose coloured glasses off and he even suggests that some (other) agents may be over promising on prices. Today in Toorak, South Yarra, Kooyong and Malvern we attended 9 auctions. At 5:30 pm, the results were seven pass- ins while two, 7 Teringa Place, Toorak (James Redfern Marshall White) and 16 Belson St Malvern East ( both proxies for land value) sold well. This ratio is a bit different to the REIV numbers where they report 4 pass- ins from 18 auctions. Activity over the next week especially at the weekend will give a better idea of where the market is heading for the first half or the year. The Belson Street auction (Ian McLennan and Danielle Waterton of Benmac) was interesting with 6 bidders making close to 100 bids for an ungraded property on the Gascoigne Estate. The activity was increased by the presence of what appeared to be a couple of developers. If we fully discount any value for the house then the land was priced at approx $2650 psm- about what we would expect for this area. Similarly Teringa Place could also be viewed as a proxy for... Show Full Story
This gracious, period home attracted a mixed crowd of around 50 people. Auctioneer Warwick Anderson from R T Edgar spoke fondly of this home as he knew it's history and had sold it previously 23 years ago. He wasted no ... Read the full report
Situated in one of Toorak's most elite cul-de-sac's a 50 strong crowd came to watch the auction of this elegant 1960's home in it's original condition. John
Bongiorno (Marshall White) said 'you could never, ever, ever g... Read the full report
Although bidding was quiet, the two bidders battled through16 bids after starting the auction with a real bid of $1,100,000. Andrew Macmillan sought increases of $10000 or $5000 although one bidder, in the final phases, ... Read the full report
A subdued crowd of 50 was dominated by nosey neighbours. Despite energetic appeals from Auctioneer Gerald Delany the gathering remained unresponsive. His vendor bid of $1,900,000 created a standstill and the property was... Read the full report
Next Steps for 11 Grosvenor Court, TOORAK
1. Visit Property - see more pictures - open times for public inspections
2. Due Diligence on Pest, Building, Legals, Architectural and Renovation Issues,
Contact Us
Mal James
0408 107 988
3. Value, Lowest Price you may pay, Highest Price you may pay, Is this a Quality Decision for You?
4. Engage a Buyer Agent for a FULL JAMES HOME RATING to help with negotiation strategy, private appointments and other off market homes
2. Due Diligence on Pest, Building, Legals, Architectural and Renovation Issues,
Contact UsMal James
0408 107 988
4. Engage a Buyer Agent for a FULL JAMES HOME RATING to help with negotiation strategy, private appointments and other off market homes
Explanations & Disclaimers
Bought* - Indicates property has been sold. We are a rating company for buyers only, and we use the word bought instead of sold. We do not buy all the properties listed on this website so we often rely on an advertised price or the selling agent to indicate bought price and occasionally the result may be inaccurate.Show more definitions & disclaimers