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Fletchers Group News Update – 14 November

November 14th 2016

Another rather gloomy weekend in terms of the weather, with the sun hiding behind the clouds and storms beginning to develop.

The auction clearance rate from the past weekend was 77%, with 759 of the huge number of 990 reported auctions resulting in a sale. 93 of the 231 passed in properties were due to a vendor bid. Of the 21 auctions from Fletchers Eastern suburb offices, 15 sold, meaning a 71% combined success rate for those offices.




The charming 1960s brick home located at 4 Simla Court, Heathmont has three carpeted bedrooms and a shared family bathroom as well as a second toilet. The spacious lounge features an open fireplace and French doors that open onto the elevated front balcony. There are countless highlights throughout the home, including gas ducted heating, fruit trees, fitted wardrobes, workshop area and its prime location near schools, transport, shops and cafes. Five bidders where after this home on auction day, where it sold for $860,000.

The two bedroom home located at 57 Harrison Street, Box Hill North, within seconds from Kerrimuir Primary School and Bush Creek Reserve had five bidders on auction day. The property has great potential for families or developers to create their dream home, sitting on 625 sq m with easy access to transport, shops, schools and the freeway. The existing home comprises of two bedrooms, one bathroom, a large entry terrace, a living/dining area and a kitchen/meals area. The home sold for the impressive price of $1.091 million—well above the reserve price!

A renovated architectural classic, 5 Millah Road was designed in 1927 by Melbourne University’s first architecture graduate, Edward Billson. The four bedroom, two bathroom Balwyn residence features timber inlay ceilings, an enchanting landscaped garden and a bedroom and bathroom located in a separate wing, perfect for when guests are visiting.  Schools, trams, Balwyn Park and village shops are all located close by. With all the impressive features the home has to offer, it’s no surprise there were five bidders on auction day, with the final, outstanding sale price being $3.27 million.

The brick home at 33 Shakespeare Grove, Heidelberg Heights is ideal for buyers looking to recreate an existing home. Located only moments from the bus, cafes and parklands and with easy access to schools, La Trobe University, shops and dining, the residence boasts convenience with the wide range of nearby services. The home was sold by our Diamond Valley office for $680,000. 

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

Congratulations to our vendors at 1244 Riversdale Road, Box Hill South. The home sold for $250,000 over their expectations!