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Fletchers Group News Update 9 February

February 9th 2015

After some questionable weather, we have been enjoying some gorgeous Melbourne summer days which has been lovely!

The REIV recorded a clearance rate of 62%, a result that includes the few auctions that occurred from 22 December up until 7 February. Auction activity will continue to pick up over the coming months, with more than 1,000 auctions already scheduled for the first week in March.

Speaking with The Age about our opening auction weekend, Fletchers agent Daiman Kane said that prices in 2015 have opened “on par” with the close of 2014. “Last year finished well, and we have started well”. The market appears to be showing continued positive signs for vendors and purchasers preparing for upcoming auctions. 

The sale of 28 Bulleen Road, Balwyn North on the weekend was the first auction conducted for Fletchers eastern suburbs offices. This low maintenance family home, located within the sought after Balwyn High School Zone, offers formal living and dining rooms, parquetry floors and high ceilings. Certainly an exceptional home to share with family and friends, with a beautiful tended garden at the rear and wrap around terrace, perfect for alfresco entertaining!

The team at Fletchers Diamond Valley is expecting a large attendance this Saturday at the auction of 28 Wattle Avenue in Montmorency. Highly anticipated, this will be the first time the family home has been presented for sale in 49 years. Positioned in the heart of Montmorency on a generous allotment, it is no surprise how much attention this property has gained throughout its campaign.

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