3/61 Nepean Highway, ASPENDALE
MAY 19TH 2012
At 6pm on Saturday, the James Clearance Rate for $M+ was 55% on the 31 auctions we attended, down on last week. The Weekly Review Bidderman, our demand indicator, was steady at 1.6. Market Summary: From the results over the past few weeks, it could be easy to conclude that the market is a bit all... Show Full Story
BUYER TESTIMONIAL
Having little to no knowledge of the property market in Melbourne, I decided that getting a buyer's advocate was my best option to ensure I didn't get taken for a ride. Mal James did more than just ensure I got the best deal. He gave me invaluable tips about price estimation of land in my selected area: the floor plan; land price / size ratio; what to look for in terms of investments; best places to look; and the style of home in Melbourne compared to my home town. I sat ...
Scott Jarred
We are government licensed Buyer Agents.
BOUGHT* - $3,150,000
5
4
3
716sqm
UNDISCLOSED RATING
This property has been rated for clients only, for more information please call
Mal JamesPrincipal Buyer Advocate
0408 107 988
Auction - 2:30pm Nov 12 2011
3/61 Nepean Highway ASPENDALE
PUBLISHED
Nov 8 2011
Nov 8 2011
Price and Negotiation
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Next Steps for 3/61 Nepean Highway, ASPENDALE
12th Nov 2011 - Auction Report - 3/61 Nepean Highway, ASPENDALE
PASSED IN - $3,000,000
The excitement was in the air and the house was buzzing with people enjoying the sunshine and the stunning panoramic view of the beach literally on the doorstep. With only 500 beach front homes in Melbourne, explained auctioneer Rowan Thompson to the large crowd of 100, the “international standard resort style” property represented a wonderful opportunity. ...
Crowd Numbers: 100 people
Bidderman: 1 bidders
Crowd Numbers: 100 people
Bidderman: 1 bidders
Talk to a Buyer Advocate
Next Steps for 3/61 Nepean Highway, ASPENDALE
Market Analysis
This market is more consistent than it appears!
May 19th 2012
At 6pm on Saturday, the James Clearance Rate for $M+ was 55% on the 31 auctions we attended, down on last week. The Weekly Review Bidderman, our demand indicator, was steady at 1.6. Market Summary: From the results over the past few weeks, it could be easy to conclude that the market is a bit all over the place - up one week, down the next. But we don’t believe that the market is as inconsistent as it may appear. It's just very picky at the moment when it comes to stock and price. Before Easter we had good stock and we had vendors prepared to sell at market price. The result was solid clearance rates. After Easter things got quiet again - was it was because of the economic news or was it the lack of quality stock? Things improved last weekend when we saw some solid results across the board on quality market priced stock. And then this weekend we were back to slightly...
Click here to read the full article
At 6pm on Saturday, the James Clearance Rate for $M+ was 55% on the 31 auctions we attended, down on last week. The Weekly Review Bidderman, our demand indicator, was steady at 1.6. Market Summary: From the results over the past few weeks, it could be easy to conclude that the market is a bit all over the place - up one week, down the next. But we don’t believe that the market is as inconsistent as it may appear. It's just very picky at the moment when it comes to stock and price. Before Easter we had good stock and we had vendors prepared to sell at market price. The result was solid clearance rates. After Easter things got quiet again - was it was because of the economic news or was it the lack of quality stock? Things improved last weekend when we saw some solid results across the board on quality market priced stock. And then this weekend we were back to slightly...
Click here to read the full article
Location map of 3/61 Nepean Highway, ASPENDALE
Explanations & Disclaimers
Bought* - Indicates property has been bought. We are a buyer rating company and a buyer advocate company only, and we use the word bought instead of sold to give the website a buyer flavour. We do not buy all the properties listed on this website, therefore we often rely on an advertised price or the selling agent to indicate the bought price and occasionally the result may be inaccurate.