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Fletchers Group News Updates

The following are category results:

Auction Snapshot: Saturday 16 December

December 18th 2017

What’s happening in the market…

Melbourne achieved a decent clearance rate of 68.8% on the last major auction weekend of 2017! Although clearance rates in Melbourne haven’t been quite as strong as the same time last year, The Domain Group highlighted how they have still exceeded those of Sydney’s, which have been as low as 50%.

On behalf of the entire team at Fletchers, we wish you a very Merry Christmas and a fantastic New Year! We look forward to assisting you with all of your real estate needs in 2018.

Saturday 16 December
Number of auctions reported in Victoria: 887
Clearance rate: 68.8%

Auction highlights…

2/82 Doncaster Road, Balwyn North

A generous floorplan and superb northerly aspect enhance this refurbished, first floor apartment. Set at the front of a block of six, and located in the North Balwyn Village, this outstanding apartment will appeal for its position in the Balwyn High School Zone. Features include an exceptionally spacious living/dining room, a well-tended front garden, a light and fresh kitchen/meals area and a large double size main bedroom. Congratulations to the successful purchasers!

Number of bidders: 4
Sale price: $555,500

2/394 Mont Albert Road, Mont Albert

Boasting a desirable combination of easy ground floor living and the brilliance of a blue-ribbon locale close to everything, this inviting two bedroom apartment is placed within a classic and quiet block. Brightly lit and spaciously proportioned, solid brick walls embrace the lovely lounge/dining with balcony and the original kitchen/meals. Including a large bathroom with laundry facilities, split system air-conditioner and a single off-street car space, this is an outstanding investment or fabulous first home.

Number of bidders: 4
Sale price:
 $541,500

3 Darbyshire Road, Mount Waverley

Ready to delight, wonderfully spacious accommodation awaits behind the traditional image of this three bedroom double brick home. Enjoying northern sunshine in the deep backyard, there is impressive potential for the new home owners to renovate and extend upon the charming exterior, or use the substantial 780 sq m approx. block to construct a lavish dream residence (STCA). Features include a retreat, covered alfresco, gas ducted heating, elegant bathroom plus a second bathroom out behind the workshop and single garage.

Number of bidders: 4
Sale price: 
$1,240,000

Auction Snapshot: Saturday 9 December

December 12th 2017

What’s happening in the market…

We can’t believe it’s now December, with only one major auction weekend left for 2017 and the Christmas season rapidly approaching!

The Domain Group highlighted how apartment and unit sales have been achieving great results, despite a two year lull, possibly due to the high first home buyer traffic. 

Saturday 9 December
Number of auctions in Victoria: 1,057
Clearance rate: 65.6%

Auction highlights…

37 Tyne Street, Box Hill North

Majestically positioned high on a lovely corner, this gorgeous Edwardian pays tribute to its rich history whilst simultaneously delivering sublime state-of-the-art style. No expense has been spared to achieve this luxurious outcome, from hardwood floors and 3.3 metre ceilings to the expansive double glazing. The lucky new owners will have the hospital, TAFE, Box Hill Central, fine dining, transport, primary schools and Our Lady of Sion College all located within walking distance.

Number of bidders: 3
Sale price: $1,601,000

62 Scott Street, Vermont

Wonderfully positioned on a lush corner allotment in t he prized Vermont Secondary College zone, this classic 3 bedroom home is set for a rewarding future. A great investment with tenants already in place, the new home owners can relax while preparing plans for this sizeable 711 sq m approx. block. Ideal for renovation, a luxurious multi-townhouse development or a substantial family residence (STCA).

Number of bidders: 3
Sale price:
$903,000

8 Monash Avenue, Balwyn

Instantly appealing and ideally located on a prestigious avenue, the premium lifestyle offered alongside this enticing 4 bedroom home is captivating. Only a stone’s throw from Melbourne’s finest schools, Balwyn Village shops and the 109 tram, this peaceful abode is also in the coveted Balwyn High School zone.

Number of bidders: 3
Sale price: 
$2,650,000

Auction Snapshot: Saturday 25 November

November 28th 2017

What’s happening in the market…

The Domain Group highlighted how first home buyers are choosing their homes based on the proximity to the city, with old apartments becoming increasingly popular. “Noticeably roomier than their shoebox-sized contemporary cousins, these older apartments are often nestled on quiet, residential streets, in walking distance to shopping and easy access to a train line.”

Domain also highlighted that the lower than usual clearance rate that occurred on the weekend may have been influenced by the oversupply of real estate within the $1.5-$3 million price bracket. 

Saturday 25 November
Number of auctions in Victoria: 1,446
Clearance rate: 66.2%

Auction highlights…

7 Maysia Street, Canterbury

Splendid 1930’s origins and impeccable contemporary enhancements combine for a wonderful family lifestyle in “Baramba”, an immaculate four bedroom, two bathroom home in the highly-regarded Hassett Estate. Just a short stroll away, the new home owners can enjoy cafes, supermarkets, parks, Camberwell High and Canterbury Primary Schools whilst exceptional private schools are easily accessed.

Number of bidders: 4
Sale price: $2,400,000

3 Elm Grove, Mooroolbark

Beautifully presented with show-stopping views out to the Yarra Ranges, relax under the court-facing verandah or in the manicured gardens which surround this four bedroom residence. Inside, the picturesque scenery complements the alluring lounge room with door to a rear alfresco, joined by the stylish dining and family room, relaxed living/meals and large kitchen. The upper teen retreat introduces a spa bathroom and main bedroom with ensuite and inspiring vista.

Number of bidders: 4
Sale price:
Undisclosed

27 Deanswood Road, Forest Hill

This classically pretty three bedroom home is surrounded by a verdant garden paradise featuring ponds and enticing alfresco areas. Set on a wide block, the new owners have the option to extend and renovate (STCA) to take full advantage of this remarkable neighbourhood, just a short walk to Forest Hill Chase and buses, and surrounded by a selection of excellent schools.

Number of bidders: 3
Sale price: 
$1,253,000

1/60 Morna Road, Doncaster East

The picturesque street appeal of this storybook style home is the epitome of character and charm. With its high gable roof and dormer windows, it sits in delightful cottage gardens with shops, supermarket and bus at Devon Plaza, and Beverley Hills Primary School within walking distance. Family bedrooms and bathroom are upstairs in an attic style setting, with natural light pouring in through high windows. At the rear, a private garden courtyard presents a quiet retreat. Congratulations to the lucky new home owners!

Number of bidders: 3
Sale price: 
$950,000

Auction Snapshot: Saturday 18 November

November 21st 2017

What’s happening in the market…

New laws have been put into place after the introduction of the policies earlier this year. “Foreign owners will be slugged with an annual fee if their property is left vacant for six months or more after legislation cleared the Senate. Deductions investors can claim on residential properties will also be limited,” The Domain Group stated.

The REIV’s recent data showed that, by looking at the next suburb over via the train line, buyers could save a six-figure amount. “Homebuyers willing to commute for a few extra minutes each day are able to consider a greater number of suburbs, including new growth areas which may not have peaked in terms of price growth,” said REIV President Richard Simpson.

Saturday 18 November
Number of reported auctions in Victoria: 1,202
Clearance rate: 70%

Auction highlights…

27 Pendle Street, Box Hill

Behind the modest facade of this high-set Californian Bungalow, discover a generously-proportioned renovated home that combines original Art Deco styling with an impressive rear extension to provide spacious comfort for a growing family. Tucked away in a quiet pocket just a few minutes stroll to esteemed Box Hill High School, the new home owners will be able to walk to Box Hill Oval, Laburnum station, cafes and primary school, plus Box Hill Central shopping, restaurants and transport hub.

Number of bidders: 5
Sale price: $1,635,500

21 Coven Avenue, Heathmont

Cleverly designed and brilliantly added to by the current owners, this unique property has been built to provide a fantastic family lifestyle close to HE Parker Reserve, Bungalook Creek, Heathmont East Primary, Canterbury Road shopping and transport. The outside is a major feature, where tiered decking takes you through enclosed sitting areas, paved outdoor seating and a magnificent indoor/outdoor rumpus room with covered salt water, solar heated in-ground pool and separate in-set outdoor spa.

Number of bidders: 5
Sale price:
$991,000

3 Stirling Street, Kew

This welcoming and surprisingly spacious resid ence has been extended and modernised with innovative flair to create the home of today. Highlighting space, light and quality appointments, it convincingly defines contemporary family living. Cafe doors open out to a central entertaining courtyard with heated plunge pool and spa. The home is located within walking distance or tram of highly sought-after private schools, local shops and the numerous amenities of Kew Junction – congratulations to the lucky new owners!

Number of bidders: 4
Sale price:
Undisclosed

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