loancalculatoraustralia just sold for $3,300 on netfleet.com.au.
Without disclosing who (in case the parties prefer their privacy) I know who the buyer and seller are.
Is is the market going crazy or do some people just have a bigger vision for this name than I would have?
I think you will find it's a case of having a big vision.
This purchase wasn't a speculative purchase for a domain portfolio. The buyer has significant development plans and from what I can tell is looking to be in the business of dominating the niche and extracting real value from the sites.
Domains like loancalculatoraustralia.com.au with a good volume of exact match and phrase match are what's left of the top domains in this loan calculator niche given that domains like carloancalculator.com.au and homeloancalculator.com.au have already been bought and developed and with personalloancalculator.com.au having also recently changed hands. Not to mention that the owner of loancalculator.com.au seems to be unwilling to accept an offer of $15,000 on netfleet. This prompts buyers looking to grow in the loan calculator market to make plays for the alternatives.
My take on it is, it's a niche where the final plays for the remaining domains is taking place. The domainers are being bought out by developers who are capable of extracting much greater value from the domains at which point the domains and sites are unlikely to change hands again.
It's the natural cycle of domain ownership. The domains end up in the hands of those that can extract the most value (developers or retails businesses) I hope this will begin to happen to more and more Australian niches over the coming years.
Maybe my portfolio just skyrocked if names like this go for that price!
Maybe it did... are your domains in highly developed markets?
For example I own www carloancalculator com au and it generates around 20 leads per day, I get $15 per lead.
Very nice!