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Fletchers Group News Update 6 June

June 6th 2016

It wasn’t hard to forgot that winter has well and truly begun, with foggy, wet and cold weather greeting us for a Saturday of auctions.

The REIV reported a clearance rate of 76% over the weekend, with 747 auctions scheduled and 565 of those selling under the hammer. Fletchers network of Eastern suburbs offices achieved an overall success rate of 72%.


Totally renovated and remodeled, the villa unit at 2/2 Alywin Avenue in Burwood has its own street frontage and combines a mix of indoor outdoor living and entertaining.  It is comprised of open plan living with large windows overlooking the front garden, fully renovated kitchen and a casual dining area that opens out to a spacious and private deck. Attracting potential purchasers with its convenient and well serviced residential pocket, the home had four bidders on auction day. The home sold for $604,000.

The architect designed home at 56 Gardiner Parade in Glen Iris impressed a wide range of buyers with its sweeping living and entertaining spaces that flow to a landscaped courtyard as well as a range of inclusions across its three level floorplan. Its effortless design ensure entertaining is easy with formal living and dining, privates side deck and a casual living area that opens to a waterfall rockery and central kitchen.  Two competitive bidders on auction day helped this home sell for a final sale price of $2.175 million.

In Ringwood, 1/3 Pitt Street went under the hammer over the weekend. Brilliantly located, this brick veneer home is within walking distance to Ringwood station, Eastland and a range of schools. The original house is comprised of three bedrooms, spacious living room and adjoining dining room.  With plenty of character and potential, this home attracted the attention of plenty of renovators. There were three eager bidders on auction day and the property reached $118,000 over reserve, selling for $548,000.

The beautifully positioned three bedroom home at 38 Wonga Road in Ringwood offers breathtaking vistas in a family friendly locale. High ceilings and generous rooms are featured throughout the home with an enticing lounge room with gas log fire and spacious dining room. The kitchen offers impressive views of the Dandenong Ranges. Situated on a very wide block of approximately 773 sq m, there is the potential to extend upward or outward, renovate or construct a stunning new family residence (STCA).

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

A bit of rain didn’t stop the buyers with crowds gathering
at the auction of 2 Gawler Court in Mont Albert!