Subscribe to our forum

Receive new forum posts by email

FREE Property Appraisal

Click here to request property appraisal

Sign Up for our publications

Click here to sign up for our publications


Fletchers Group News Update – 16 October

October 15th 2013

The busy spring season is certainly underway at Fletchers with buyers out in force and many great action results seen.

The REIV recorded a clearance rate of 74% over the weekend, compared to 64% on the same weekend last year. Fletchers achieved a clearance of 87%, selling 13 out of the 15 properties scheduled for auction.

The immaculately modernized four bedroom family home at 3 Tramore Close in Templestowe was a fantastic sale for the vendors and selling agents Robin Waterbury and Traci Stella. Offering impressive indoor/outdoor entertaining capacity that includes undercover and a solar heated pool – topped off with a spa and waterfall – this home is too good to miss! With six bidders on auction day, the property sold for $950,000, a great result for all.

On the market for the first time in 48 years, the three bedroom, one bathroom home at 1 Hilltop Crescent in Burwood East is set on an excellent block of approximately 1,152 sqm and offers the opportunity to renovate, extend or rebuild a multi-unit development. The interest in the property was clearly evident on auction day with 7 bidders competing to secure the property. The vendors and selling agent Steven Zervas were extremely pleased with the final result of $1.211 million, well above reserve.

Elevated on the high side of the street with an easterly outlook, the four bedroom home at 26 Minerva Avenue in Balwyn North is perfect for those wanting an established home without the need for major renovations. Fully modernized, the home offers light and spacious living areas, stylish kitchen and a large undercover alfresco patio. Furthering highlighting buyer presence we have been seeing of late, the auction had five parties bid. The vendors and buyers were extremely pleased with the selling price of $1.13 million, as were agents Jeremy Desmier and Olivia Howson.

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

Fletchers are looking forward to attending the 2013 REIV awards, being held tomorrow night at Crown Palladium. Fletchers are finalists in following 7 categories;

Large Residential Agency of the Year

The Fletchers Group

Website of the Year

Residential Marketing Award (Budget over $10k)

“Jacks Ridge” – 4 Junction Road, Merricks North 

Residential Salesperson of the Year (Principals)

Tim Heavyside & Jason Salan

Residential Salesperson of the Year (Non-Principals)

Chris Chapman

Residential Property Manager of the Year (Principals)

Andrew Paterson


It will be an exciting night for all involved. Stay up-to-date with the action via Twitter where will be posting throughout the night. Good-luck to all the finalists!

There will be another exciting weekend of auctions next weekend, with the REIV expecting 1,110 auctions to be called.

Be sure to keep up to date with Fletchers latest news and information on Facebook, Twitter and LinkedIn.

Enjoy your week! 

Sold board for 1 Hilltop Crescent in Burwood East