Edition 2 James Market News Property Report - Flipbook - Page 6
The Numbers on the Street
Boroondara
2024
May Market (M2)
2024
Spring Market (M3)
2024
Pre-Xmas (M4)
2025
Opening Market (M1)
Bidderman 1.8
Stock
Average
Clearance 66%
Bidderman 1.5
Stock
Lots
Clearance 69%
2024
Spring Market (M3)
2024
Pre-Xmas (M4)
2025
Opening Market (M1)
Bidderman 1.6
Stock
Average
Clearance 68%
Bidderman 1.2
Stock
Lots
Clearance 59%
Bidderman 1.9
Stock
Lots
Clearance 65%
2024
Spring Market (M3)
2024
Pre-Xmas (M4)
2025
Opening Market (M1)
Bidderman 1.3
Stock
Average
Clearance 58%
Bidderman 1.5
Stock
Lots
Clearance 68%
BOROONDARA
Bidderman 2
Bidderman 1.3
Stock
Average Stock
Average
Clearance 60%
Clearance 59%
Stonnington
2024
May Market (M2)
STONNINGTON
Bidderman 0.9
Stock
Average
Clearance 45%
Bayside
2024
May Market (M2)
BY THE BAY
Bidderman 1.1
Bidderman 1.3
Stock
Average Stock
Average
Clearance 60%
Clearance 61%
27 Collingwood Street, Sandringham:
five bidders. Opening at $2,000,000
and on the market at $2,300,000
before selling for $2,517,000.
(15/3/25)
WHAT IS BIDDERMAN? Bidderman is the number of auctions divided by the number of bidders and Melbourne’s
most accurate market predictor that we invented in 2006. A Bidderman less than 1.5 is a tough market. 1.5 to 1.8 is a
balanced market and over 2, it’s rising with 3 on fire. Why? At 2, there is one winning bidder, but there is also a losing
wounded underbidder who will push prices up next time. The more wounded, the harder, the more widespread the
push for higher prices.
