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Fletchers Group News Update – 14 August

August 13th 2013

Fletchers continued the strong performance that we have been experiencing over the past few weeks, with plenty of interest seen at auctions and many properties again attracting a large number of bidders.

The REIV recorded a clearance rate of 76% on the weekend, compared to 56% on the same weekend last year. Fletchers again performed strongly, achieving a 100% clearance rate.

The charismatic four bedroom family home at 10 Gibson Street in Box Hill South was a great sale for agents David and John Taylor. Immaculately maintained and offering large open-plan living areas it is easy to see why this property generated so much interest! An impressive seven bidders battled on the day to secure the premises pushing the eventual selling price $105,000 over reserve to $865,000!

Thomas Lo and Tim Heavyside also achieved a great result was the three bedroom home at 18 Viewpoint Road in Balwyn North. Stylishly renovated and emitting a timeless atmosphere, this was another property which saw a large number of bidders on the day. Selling for $989,000, the six competing bidders pushed the property $49,000 over reserve.

Located in the Balwyn High Zone, the four bedroom family home at 34 Macedon Avenue in Balwyn North offers four bedrooms, study, generous living and paved alfresco areas all situated just a short walk to North Balwyn Village shops, cafes and transport. The property reached a sale price of $1,309,000 with multiple bidders during the auction; needless to say, agents Daiman Kane and Mike Dehnert and their vendors were very pleased!

Another excellent result was achieved for Steven Zervas and Mark Fletcher’s clients, selling 58 Fletcher Street in Hawthorn East for an undisclosed price. Just eight years old and with only one owner, the property is immaculately presented and located in a secure and private street.

For all of Fletchers recent sales, visit our award-winning website.

The REIV is expecting approximately 620 auctions to be called next weekend. Keep up to date with Fletchers latest news and information on Facebook, Twitter and LinkedIn.

Enjoy the rest of your week!

The sold board for the stylish three bedroom home at 18 Viewpoint Road in Balwyn North.