December 15th 2014
The REIV recorded a clearance rate of 70% over the weekend, compared to 66 % last weekend and 68% on the same weekend last year. There were 1,231 auctions reported to the REIV with 835 sold.
It was hot on auction day, with Fletchers Eastern suburbs offices having a total of 22 auctions scheduled. Impressively, 17 properties sold (four prior to auction) and only five passed in. A great result for the second last auction weekend of 2014, with a success rate of 77% achieved.
Adorned with original character features, 19 Monash Avenue in Balwyn offered buyers two spacious bedrooms, a fully renovated bathroom and bright family/dining room. With excellent potential for renovation or extension, plenty of bidders were eager to secure this bungalow. There were five bidders vying for the home that reached $180,000 above reserve, selling for $1.88 million.
In another great result for the area and Fletchers agent Chris Chapman, was the auction of 1/34 Jessop Street in Greensborough. This character-filled weatherboard home was lovingly renovated by Dermot and Clare, creating an immaculate interior with hardwood floors, spacious open plan living/dining and three light filled bedrooms. After working so hard to renovate their home, the vendors of Jessop Street were overwhelmed when their property sold at auction for $513,000, after a fantastic auction by Daniel O’Regan
In Box Hill, 35 William Street won over many potential buyers with its combination of period beauty and modern comforts. The renovated Californian Bungalow features four double bedrooms with built in robes, polished timber floors, gourmet kitchen and large entertainers deck that overlooks an award winning garden. Winning the 2011 Whitehorse sustainable garden award, it boasts a vegetable patch, chicken run, water tank and easy care planting. Six bidders fought to secure this home with it achieving $1.328 million – $128,000 above reserve!
Located in Forest Hill, 4 Panorama Drive is a north-facing brick veneer home that has been spectacularly renovated into the perfect family home. With four bedrooms, two bathrooms and a living, dining and kitchen zone flowing onto merbau deck and level backyard with landscaped gardens and vegetable patch. There were six bidders competing for this contemporary family home, which sold at auction for $900,000 – a fantastic result for the vendors and the lucky purchasers.
For all of Fletchers recent sales, visit our award-winning website.
It’s that time of year and what better way to celebrate the Christmas period by getting your family and friends together to sing some carols! Carols in Warburton will be taking place on the 20th December at Warburton Oval. What could be better than sitting looking up towards Mt Victoria and Mt Donna Buang on a picnic rug and singing along to lots of familiar Christmas Carols. The night will commence 7pm at 345 Warburton Highway, Warburton. Be sure to head down early to pick out the perfect spot for a fantastic night of singing!
This week the Summer Edition of Fletchers weekly Places magazines will be available, so be sure to look out for it at your local office or cafe!
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Enjoy your week!
Fletchers agent Chris Chapman with the happy vendors
of 1/34 Jessop Street, Greensborough.