February 8th 2016
It was a hot weekend as we got back into the swing of a full auction day. Plenty of prospective purchasers were out, with large crowds at auctions.
REIV reported 219 auctions over the weekend with a clearance rate of 76%. The last two auction weekends in February look set to be massive, with close to 1,000 auctions already scheduled.
Fletchers achieved a success rate of 80% over the weekend, a strong result so early in the year. We certainly hope that this will set the scene for another positive year in real estate.
The generous four bedroom home at 4 Hetrel Court in Blackburn South offers peaceful living in an ideal court location. Close to excellent schools, it is a perfect family home. It offered prospective purchasers open dining, sunroom/study and a bright kitchen, as well as scope for further renovation. Plenty of hopeful bidders were out, despite the high temperatures. There were six bidders that helped this home reach well over reserve, selling for $970,000.
In Thornbury, 304 Victoria Road offered excited buyers plenty of potential on an allotment of 470 sq m. The pretty Californian bungalow features attractive original spaces, including high ceilings decorated with ornate roses. With three bedrooms, a cosy lounge and spacious kitchen/dining and rear sunroom, this home is also complemented by a level and leafy garden that embraces the home. In a sought after locale, the home attracted five bidders at auction and was sold for $870,000.
At the prized address of 10 Milverton Street in Camberwell, this Californian bungalow offers elegant and flexible family living areas. Situated on a block of approximately 725 sq m, the home offer a spacious and relaxed living space with high ceilings and decorative ceilings roses, a peaceful lounge with open fire place and a bright kitchen. A broad covered deck overlooks the verdant garden. Large crowds gather as the auction got underway with two keen bidders. The home sold for $1.91 million – achieving the highest sale price for a house in Victoria on Saturday
For all of Fletchers recent sales, visit our award-winning website.
Today marks Chinese New Year, the first day of the Chinese lunar calendar which will celebrate the Year of the Monkey. The Chinese New Year Melbourne Festival will offer 16 days of vibrant festivities bursting with cultural events, markets, tours, entertainment and more.
Visit cnymelbourne.com.au for all the details!
Enjoy the rest of your week!