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December 7th 2014
It was a damp weekend across the eastern suburbs but buyers looking to secure a home before Christmas were happy to brave the inclement conditions. With only two auction weekends left in 2014, the countdown to purchase before the New Year is on!
The REIV recorded a clearance rate of 69% this weekend, with 1,325 auctions reported. The spring auction market this year has been the strongest ever, with two record auction weekends in the past five weeks. This year has also had the highest number of auctions on record, with more than 37,000 held to date.
It was a weekend full of auction activity for Fletchers agents. Our Eastern suburbs offices had a total of 31 auctions scheduled for Saturday; 26 of those properties were sold (five prior to auction) and only five were passed in. We were able to achieve a success rate of 84%, an excellent result with the high volume of auctions and number of properties on offer.
Up for auction on Saturday was 8 East Court in Camberwell, a semi detached timber home that is perfect for first home buyers, couples or investors. This two bedroom property backs onto Cooper Reserve and is located close to shops, schools and transport. Four bidders were keen to secure this freshly updated home and, with some competitive bidding, the property reached $825,000 – selling for an overwhelming $225,000 over reserve!
Superbly renovated, 17 Oliver Street in Ringwood offered buyers a four bedroom, two bathroom family home. This home features a welcoming garden oasis, north facing verandah, open plan living, dining and kitchen with French doors leading out to a large covered alfresco area. With plenty of buyers eager to call 17 Oliver Street home it fared extremely well at auction. In front of a crowd of approximately 120 people, six bidders helped the property reach well over reserve, selling for a fantastic result of $876,000.
Located in a gorgeous court position, the two year old home at 1 Jocelyn Court in Forest Hill features five bedrooms, three bedrooms, two living areas, floating floors, plantation shutters, a north facing family living and dining with stacker doors that lead to a covered alfresco area. A north oriented backyard offers the new owners a lush lawn and thriving veggie gardens. All located within walking distance to shops, schools and transport. Four bidders competed for this home, which ultimately sold for $1.311 million.
For all of Fletchers recent sales, visit our award-winning website.
With the festive season upon us there is an array of activities in our community that the whole family can enjoy. Across the Eastern Suburbs you will find a carols event close by – so pack your picnic and get into the Christmas spirit!
In Greensborough, Carols by Candlelight will be held on Saturday, 13 December at 1 Flintoff Street. This free event will have delicious food and drinks for sale and a range of free family activities, as well as entertainment provided by The Australian Children’s Choir and Diamond Valley Brass Band. Gates open at 6.30pm!
The City of Whitehorse will be holding their carols night on Sunday, 14 December at the Whitehorse Civic Centre in Nunawading. With musical guests for young and old to enjoy it will be a great night, starting at 5.30pm. There is even the opportunity for photos with Santa and his elves. Pack your picnic and get singing! For more information, visit Whitehorse Carols.
Carols in Macleay Park will feature Balwyn North choirs and Balwyn Primary Senior Strings ensemble, even a visit special visit from Santa and fireworks to conclude the night. Head down to Macleay Park, located on the corner of Belmore and Buchannan Avenue in Balwyn North on Saturday, 15 December from 6.30pm.
In Hawthorn, Carols at Grace Park will begin at 5pm on Sunday, 16 December. Musical guests include Boroondara Brass, Exaudi Youth Choir, Auburn and Deepdene Primary School choirs. Get your singing voice ready and join in on some of your favourite carols!
Be sure to keep up-to-date with all of Fletchers latest news and information on Facebook, Twitter and LinkedIn.
Enjoy your week!
November 30th 2014
It was another hot weekend in Melbourne but that didn’t stop buyers! There were plenty of purchasers that headed out, hoping to secure a property before the end of the year.
Even with the state election held in Victoria this weekend, auctions volumes remained strong. The REIV recorded a clearance rate of 65% over the weekend with 1,181 auctions, 672 selling and 409 being passed in (207 of those on a vendor bid).
It was busy weekend across all our offices, with many great results reported. Fletchers Eastern Suburbs offices recorded a success rate of 68%. With 25 auctions scheduled for Saturday, it was set to be another non-stop day for Fletchers agents. From the 25 auctions that were held, 17 were successfully sold.
At the auction of 16 Crow Street in Burwood East it was a very happy ending for the purchasers. After searching for nine months for their next home, they finally secured the property after competing with four other bidders. Not only were the purchasers happy…the vendors were extremely pleased that the property sold for $950,000 – $100,000 above reserve!
In Greensborough, Peter and Thyra built their charming three bedroom brick veneer home in 1963. Their home at 255 Elder Street features a spacious lounge/dining area, rumpus room and outdoor covered alfresco area. It was the first time they had ever sold a house and it was also the first time purchaser Jackie had bought a house!
The team at Fletchers Maroondah really raised the bar with the sale of the beautifully presented, three bedroom weatherboard home on a subdivided block in Heathmont. A crowd of over 120 people gathered for the auction of 26 Viviani Crescent, with eight bidders competing for the immaculately presented property. Selling under the hammer at auction for $660,000…an impressive $150,000 over the reserve price!
Congratulations to our vendors of 9-11 Nicholson Street in Olinda, whose home was sold by agent Frank Kouzi last week. They did a fantastic job of presenting their character-filled home for opens and this, combined with Frank’s efforts ensured that an excellent result was achieved. We know that the purchaser is going to love living in such a charming home, high up in the hills the views are amazing!
The team at Fletchers Mornington Peninsula also had a successful sale on the weekend, with the auction of 13 Morris Road in McCrae. The vendors were delighted with the result and the buyers were happy with their new home, purchased for $420,000.
It was smiles all round after a young family secured 38 Tierney Drive in Currumbin Waters under the hammer over the weekend, for $770,000. An excellent result after a great campaign by our team on the Gold Coast and agents Robbie and Laura Robinson.
The successful purchaser of the single level home at 4/57 Tyne Street, Box Hill North was absolutely thrilled with her purchase. She outbid four other parties to secure the quality home, located in a premium residential area. Agent Adam Harris who conducted a fantastic auction was really happy for her.
For all of Fletchers recent sales, visit our award winning website.
Now running for over 26 years, it is already that time of year when the Maling Road Kristkindl Festival happens! This Friday, 5 December from 5pm to 9pm, join the thousands of residents and visitors, bringing traders and community groups together to celebrate the ‘spirit of giving’.
This wonderful event is followed by Carols in Canterbury on Sunday, 7 December from 7.30pm at Canterbury Gardens. With events starting from 6.30pm, there will be live instrumental and vocal performances, sausage sizzle and mobile animal farm!
Fletchers agent Adam Harris and Rita the proud purchaser of 4/57 Tyne Street, Box Hill North.
She fought off four other bidders to secure her new home!
November 11th 2014
We had a great time at the 2014 REIV Awards last month and were thrilled that the newly redesigned fletchers.net.au was recognised as the 2014 Best Website!
Check out this little video from the night!
November 10th 2014
After the wild weather last weekend, it was certainly a warm start to a busy Saturday. Temperatures reached the thirties and the wind picking up, perhaps it is a taste of the summer to come! A great weekend to head to the beach and cool down, especially after a hectic day filled with auctions.
The REIV reported a clearance rate of 67% this weekend, the same as the previous weekend. There were 910 auctions reported and 614 of those were sold and 140 were passed in. The top auction suburbs for the year include Richmond with 428 auctions and South Yarra with 408. Fletchers had a great weekend under the hammer, with 20 auctions being called and a success rate of 70% achieved.
Up for auction on Saturday was 7 Linum Street in Blackburn which attracted four bidders eager to secure the property. This five bedroom, two bathroom home offers formal living with an open fire place, spacious study and wide alfresco deck that’s great for entertaining! This unique weatherboard family home in Blackburn sold at auction for a great result of $1.9 million, well above expectations.
A popular property amongst bidders was 10 Latrobe Street located in Box Hill South. This charming two bedroom Californian Bungalow retains period features, with a tranquil garden and picturesque wisteria covered pergola. This property charmed bidders, with seven prospective buyers vying for the property, reaching $1.102 million – an overwhelming result for our vendors.
In another great result for the area and agent Michael Richardson, was that of the lovely clinker brick family home located at 33 Beryl Street in Glen Iris. Ideal for potential extensions or renovations, four bidders hoped to secure the property. It was sold for an outstanding $1.537 million.
For all of Fletchers recent sales, visit our award-winning website.
With just over five days until The Sunday Age City2Sea there is still time to join in. Members of the Fletchers team have signed up to take part in the City2Sea, raising money for their charity of choice, beyondblue. beyondblue is a not for profit organisation working to increase awareness and understanding of depression, anxiety and suicide prevention, The race will be held on Sunday 16th of November, with the 5km starting at 8.00am and the 15km starting at 8.20am. Whether you choose to support the Fletchers team or even take part yourself, it is great way to spend a Sunday morning!
Be sure to keep up-to-date with Fletchers latest news and information on Facebook, Twitter and LinkedIn.
Enjoy your week!