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Market Update | 23 & 24 March 2024

Market Update | 23 & 24 March 2024

Whilst there was certainly a buzz in the air due to the Grand Prix this weekend, it also marks another “Super Saturday” in real estate, with 1,679 homes scheduled for auction across Melbourne. A 13.2 per cent increase on the numbers last week, it was the busiest Saturday of auctions since April 2022! Prospective buyers were spoilt...

Posted on Monday 25th March 2024 by
Jeremy Desmier
in Market Updates
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Market Update | 16 & 17 March 2024

Market Update | 16 & 17 March 2024

We enjoyed another weekend of sunshine, albeit much more bearable than the high temperatures we experienced last weekend! The Domain Group recorded a clearance rate of 62% from the reported results, on par with the same time last year. In Camberwell an incredible result was achieved by "Team Jam" (Jackie Chu, Aaron Zhao and Mark...

Posted on Monday 18th March 2024 by
Jeremy Desmier
in Market Updates
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Market Update | 9 & 10 March 2023

Market Update | 9 & 10 March 2023

Victorian residents felt the heat through an absolutely scorching long weekend, as a heatwave saw three days of temperatures in the high 30Cs. Thankfully we’re starting to feel the effects of a welcome cool change, however according to PropTrack, the property market is set to be feeling the heat over the next fortnight. A healthy 62%...

Posted on Tuesday 12th March 2024 by
Jeremy Desmier
in Market Updates
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Market Update | 2 & 3 March 2024

Market Update | 2 & 3 March 2024

For the first auction weekend of Autumn, the REIV recorded an auction clearance rate of 76%, from approximately 748 auctions reported. We saw an incredible five bidders at the auction of the renovated, single-level home at 3/28 Wolseley Crescent in Blackburn. Enjoying walking distance to schools, cafes and the train station, Auctioneer Ben...

Posted on Monday 4th March 2024 by
Jeremy Desmier
in Market Updates
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2024 RateMyAgent Award Winners Announced

2024 RateMyAgent Award Winners Announced

Top Real Estate agents gathered in Melbourne for the 9th Annual Rate My Agent 'Agent of the Year' awards, held on February 22nd at Crown. Our Fletchers family were well represented taking home a number of the top spots across both the state and country.  These awards recognize excellence in the industry through verified customer...

Posted on Tuesday 27th February 2024 by
Prue Fletcher
in Market Updates
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Market Update | 24 & 25 February 2024

Market Update | 24 & 25 February 2024

On what was the busiest auction weekend for Melbourne since December last year, there was a reported 1,405 homes scheduled for auction. The Domain Group recorded a clearance rate of 62%, with a median selling price of $1,067,000. The Fletchers Group was thrilled to achieve a solid success rate of 71% for our clients. In Balwyn North, there were...

Posted on Monday 26th February 2024 by
Jeremy Desmier
in Market Updates
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Market Update | 17 & 18 February 2024

Market Update | 17 & 18 February 2024

On a weekend that saw Melbourne gripped by Swiftmania, with an explosion of glitter, cowboy boots and friendship bracelets galore, the REIV recorded an auction clearance rate of 79%. The Fletchers Group was thrilled to achieve a 78% success rate for our clients. In Surrey Hills on Saturday, five bidders competed to secure the stylish...

Posted on Monday 19th February 2024 by
Jeremy Desmier
in Market Updates
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Market Update | 10 & 11 February 2024

Market Update | 10 & 11 February 2024

The summer weather didn’t disappoint over the weekend, with prospective buyers basking in the sunshine as they attended inspections and auctions.  In Ashburton, two bidders competed to secure the stunning four-bedroom home at 3 Oliver Street. Freshly painted throughout, the elegant home boasts a sparkling pool and fun-filled...

Posted on Monday 12th February 2024 by
Jeremy Desmier
in Market Updates
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Market Update | 3 & 4 February 2024

Market Update | 3 & 4 February 2024

We were back into the normal swing of things over the weekend, with PropTrack records showing that 457 properties went under the hammer, with 71 per cent sold. It’s a small sign of what’s to come, with auctions scheduled in Victoria set to soar over the month, the volume this summer “rivalling the spring...

Posted on Monday 5th February 2024 by
Jeremy Desmier
in Market Updates
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2023 Market Wrap & Looking Ahead to 2024

2023 Market Wrap & Looking Ahead to 2024

As another year draws to a close, it is interesting to look back and reflect on what happened in the property market over the last twelve months and look ahead and consider what 2024 may have in store. The strength and pace of Australia’s market rebound was a surprise to many in 2023, particularly given the consistent interest rate rises...

Posted on Wednesday 20th December 2023 by
Sarah Lowry
in Market Updates
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