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Fletchers Group News Update – 19 May

May 19th 2014

We have really been feeling very lucky to have such gorgeous weather this week in Melbourne…just hoping that it doesn’t disappear too quickly!

The REIV recorded a clearance rate of 72%, compared to 68% last weekend. They report that after today’s results more than 9,000 homes have been sold at auction so far this year, compared to about 7,000 this time last year.

An impressive six bidders turned up for the auction at 15 Verbena Street in Blackburn North, the tasteful renovation and convenient location proving to be extremely popular. A fantastic home to raise a family in, it sold for $935,000 – well over reserve in another great result for Rob Sheahan.

Boasting the capacity to entertain on any scale, the home at 13 Cityview Road in Balwyn North not only offered substantial, elegant living, but also a premium location within the coveted Balwyn High School zone. Four bidders were involved until the home eventually sold under the hammer for exactly $2 million – an excellent result!

Director and Auctioneer, Ben Williams also had his hands full, fielding bids from five parties at the auction of 4 Pratico Court in Forest Hill. With a touch of country charm, the three bedroom home boasts cosy and inviting single level living, close to transport and the Blackburn Lake Sanctuary. The purchasers could certainly see the benefits, with the home selling under the hammer for $826,000.

On a sun drenched block, the three bedroom Art-Deco inspired home at 442 Mitcham Road in the heart of Mitcham, also attracted five competing bidders. Auctioneer Michael Richardson knocked the property down to the successful bidder at an excellent price of $665,000.

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

Fletchers were thrilled to learn that we achieved Finalist status for all of the submissions we submitted for the 2014 Real Estate Business Awards. They are as follows:

Individual Categories

– BDM of the Year – Property Management: Cherie Paterson
– Sales Agent of the Year: Tim Heavyside
– Industry Thought Leader: Bradley Brown

Group Categories

– Property Management Business of the Year – Multiple Offices: The Fletchers Group

Corporate Categories

– Best Training and Education Program: The Fletchers Group

– Boutique Network of the Year (under 100 offices): The Fletchers Group

The winners will be unveiled on the 17th of July in Sydney. Congratulations to all of the finalists!

Fletchers are proud to be sponsoring the upcoming 125th Anniversary Gala Dinner for Blackburn Primary School. Held on Saturday, the 24th of May at the Box Hill Town Hall, it should be a fantastic evening with prizes and lots more. For more information, visit their Facebook page.

Over the final weekends of May, the REIV is expecting more than 2,000 auctions, which is the first time this number of auctions has been held over this period. It should be another busy couple of weekends…let’s hope we get to keep enjoying such beautiful weather!

Enjoy the rest of your week.