https://www.afr.com/personal-fin ... all-20181028-h176pp
A large house in a prestigious, leafy Melbourne inner suburb that was last year sold for more than $7 million has dropped in value by more than $2 million, or 28 per cent, highlighting a sharp downturn in the Melbourne market that until recently continued to hold its value as prices plunged in other state capitals.
The four-bedroom, two-bathroom house on a 1210-square metre block, which is close to some of the state's most prestigious state and private schools, was passed in on Saturday for $5.6 million, having been sold last November for $7.8 million.
The property was sold last year by RT Edgar and the weekend auction was conducted by Marshall White. Agents said it is a prime development site.
Melbourne's weekend auction sales slid to record-year lows and Sydney struggled to clear half the properties for sale in another bleak outcome for one of the most important weekends of the spring sales season.
"It's a bloodbath," said Emma Bloom, a buyers' agent for Morrell and Koren. "There's a big increase in the number of auctions where there is only one bidder, passed in without a bid, or being sold below expectations."
A credit squeeze, rising rates and falling sentiment are contributing to clearance rates slipping below 50 per cent in Melbourne, the lowest in eight years and down more than 70 per cent for the same weekend last year, and just over half for Sydney.
Agents claim top-end properties in prime Melbourne and Sydney locations selling for north of $7 million to self-funding local and overseas buyers that do not need to borrow remain resilient.
Ms Bloom blames the slowdown for a sharp increase in the number of private – or boardroom – auctions and sales by expressions of interest rather than the more familiar street auctions.
Agents that last year sold 80 per cent by auction and 20 by private sale have reversed the ratio in recent months, she said.
Mark Wridgway, a director of RT Edgar, said: "These are challenging conditions. Triple-A locations are selling well but it's harder in the rest of the market."
Claudio Perruzza, a director of Biggin Scott, added: "Slower sales means there is no buyer urgency. Buyers are often gun shy on auction day. But quality continues to sell."
Preliminary results show about half of the properties auctioned across the nation's capitals sold, according to CoreLogic, which monitors sales and prices.
Kevin Brogan, CoreLogic's national residential auction market commentator, said Melbourne's market is "resilient" because the percentage of sales were around the same as last week despite the number of properties on offer increasing more than 54 per cent to 1700.
Adelaide had a clearance rate of about 68 per cent, higher than for the same weekend last year, from 133 auctions.
Brisbane slumped to about 34 per cent, compared to about 45 per cent for the same time last year.
The market outlook remains soft because tight lending conditions have dramatically decreased the number of property investors and made it a lot tougher for owner occupiers.
Increasing negative equity, which happens when price falls reduce property value to less than the mortgage, and fears about possible crackdown on negative gearing incentives are also weakening sentiment.
Lenders continue to squeeze interest-only terms and tighten all borrowers' affordability and serviceability criteria.
But below 4 per cent rates, double-digit discounts and lucrative cash incentives are being offered to borrowers that meet standards, typically working couples with a 20 per cent deposit.
That is creating opportunities for first-time property buyers and existing borrowers with equity that are seeking cheaper rates or better conditions.
For example, ANZ will this week announce improved rates for borrowers seeking to switch and are expanding the eligibility criteria.
CBA, the nation's largest lender, is also increasing discounts for borrowers, with the biggest cuts available for biggest discounts.
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报纸没有给出地址，我就作一下粗活，把这套房搜出来。
估计应该是这套了，满足文中描述的条件：
10 Hampden Road
Armadale, Vic 3143
https://www.realestate.com.au/pr ... -armadale-129474474
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据说原来预计的Melbourne East，和outer East 的领先下跌，被 inner East 取代了
Armadale 正是在innerEast
这个例子有点出奇，很明显主人急着卖出去。是什么原因呢？
排除不了去年底不懂规矩的投资者/新来者，没做足功课，听信了中介所吹嘘的开发潜力就贸然下手了
780万也起码比当时当地超值100万
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急着卖应该是现金流有压力吧。。。
看这时间点，估计当初的1 year introductory rate要到期了。
又转贷不走，所有必须要出手了。
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主人应该是土豪级别的
资金困难也有可能，但开发计划受挫可能更大
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忙着在Melbourne East ，outer East和 Southeast 屯房或做开发的是小一些的投资者，而土豪们在高峰期在 inner East被拉进去了
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贷款上的安排应该一早就知道的，最近银行反而有些松动了
怀疑是意想不到的因素，譬如开发计划受挫，才会导致这么迫不及待的贱卖
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这钱亏得心疼啊
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自住的话一个月要还$36910
相当于每月税前收入$65420不吃不喝只够还贷。。。
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关键是现在没人接啊................现在的房事.......连远东必死哥都不来了.......
咳
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这种级别的若是自主的土豪很多是用现金买的
#1第七段那里也讲了
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也不一定的，自住可能是一把现金付清。
投资房很多都是海外银行背靠背贷款买的，可以抵税。
最近ATO不是告倒一个这样的悉尼犹太逃税壕。
https://www.afr.com/news/policy/ ... art-20181014-h16mya
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是喔， 好些名人都不见了
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如果是贷款买的，一年的interests only over, 现在银行要多收部分本金导致的资金短缺，这个可能存在。但借贷当时应该是讲清楚的。除非是资金来源有问题了
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不具代表性，但是能说明问题。
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觉得当时买的就贵了。
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这房子是executor auction，应该是前房东破产了
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现在卖房都是赔钱，Epping一个unit,78万买,72万卖.
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感觉跌回16年中，跌跌才健康，否则下一代都没房可买了。
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只能说16年卖出的豪宅，都大赚一笔；现在回来扫货
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请问怎么查到是破产强拍啊？
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Executor's Sale听起来感觉像是房主过世了的意思？
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好像每次房价下跌，豪宅区都要遭殃
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楼主 打完折 还要 500多万，咱 还是 买不起，两把辛酸泪 啊
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越看越开心
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这房子的卖点也就剩地大一点了。780万能卖出去才是辛酸泪。
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这也叫豪宅？要求也太低。就是买开发用地然后发现被坑吧
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