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Fletchers Group News Update – 14 March

March 13th 2012

Victorian residents enjoyed stunning weather for the Labour Day long weekend, getting some much-appreciated respite from the barrage of rain that fell in the previous week.

Due to the public holiday, there were fewer auctions conducted than on a normal weekend. The auction clearance rate recorded in Victoria was 58 per cent for the weekend, however Fletchers achieved a clearance rate of 83 per cent!

Most of our auctions attracted multiple bidders, including 232 Canterbury Road, Forest Hill – which saw two developers thrash it out over the corner allotment of 635sqm, which eventually sold for $547,000. It went on the market at $490,000 which works out to $861.00 per square metre – as the auctioneer Tim Heavyside notes, this is comparable to Blackburn prices!

In other news, Fletchers are a Platinum sponsor at the St Patricks Day Fair, held this Saturday, 17 March from 1-8pm. Held at the Boroondara Park Primary School in Almond Street, Balwyn North it offers a great range of stalls, entertainment, food and a live auction featuring our very own Jason Salan and Brett Greig! There are even fireworks at 7:45pm!

Fletchers are also sponsoring the All for Kids ‘Baby and Children’s Market’, held from 9am-12pm at the NewHope Baptist Church, 3-7 Springfield Road, Blackburn North. You can go along and grab a near perfect, pre-loved bargain, or find that elusive new or handmade gift from their creative and talented ‘mumpreneurs’, for the little people in your life.

We also have a busy auction weekend on the 17th, and look forward to seeing plenty of activity throughout the day.

Enjoy the rest of the short week!

Jason Salan_St Patricks Day

St Patrick’s Day auctioneer, Jason Salan