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Fletchers Group News Update – 5 June

June 4th 2013

The REIV recorded a clearance rate of 74 per cent this weekend, compared to 56 per cent on the same weekend last year. Fletchers achieved outstanding results again with eight out of twelve properties up for auction selling on the day.

Shortlisted for Australian House of the Year by Houses Magazine in 2011, 26 Caithness Crescent in Glen Waverley was sure to attract a lot of attention throughout its marketing campaign.  Architecturally re-designed and reconstructed, the four bedroom, two bathroom home features living and dining areas drenched in natural light, complementing cathedral ceilings and an impressive entertainer’s deck offering views of The Dandenongs that are even more spectacular at night! Amazingly, the property sold to a buyer who had only seen home’s profile on the internet the night before, demonstrating the immense appeal of the property.

The immaculate four bedroom family home at 1 Leroy Place in Doncaster East was a great sale for Manningham agents Maurie Walters and Jason Salan. Featuring spacious living and entertaining areas, an alfresco terrace and drought-friendly garden, this property is ideally located only a minutes walk to shopping centres and Eastern Freeway. Five bidders fought it out to secure the property, which sold for an impressive $37,000 over reserve.

Warm, welcoming and well renovated, the attractive three bedroom weatherboard home at 42 Mersey Street in Box Hill proved to be opportunity that was too good to miss. The home, which has been modernised with style and flair, combines period features with recent improvements in perfect alliance.  Selling prior to auction, this property was one that buyers could not wait to have as their own!

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

As expected, the RBA has left interest rates at the historic low of 2.75 per cent. In a statement accompanying the decision, RBA governor Glenn Stevens said household spending had been helped by lower interest rates. “Further effects can be expected over time,” Mr Stevens said on Tuesday. He went on to say, “The board judged that the easier financial conditions now in place will contribute to a strengthening of growth over time.” Read the full article here.

The heats for the 2013 REIV Senior Auctioneer competition were held yesterday and three of our finest auctioneers entered. Tim Heavyside, Jeremy Tyrrell and Jeremy Desmier put on their best performance and we are proud to say that reigning champ Jeremy Tyrrell has made it through to the finals in July to defend his title!

With the long weekend ahead of us, auction numbers are down with the REIV expecting 170 auctions to be called.

Keep up to date with Fletchers news on our social media sites and be sure to enjoy the long weekend! 

Auctioneer Jeremy Tyrrell in action at the 2013 REIV Senior Auctioneer Competition heats.