Market Update | 9 & 10 April 2022
It almost felt like it was Spring in the air, with the return of sunshine in Melbourne and a Super Saturday of auctions scheduled. Nationally, it is the third highest number of scheduled auction listings since Domain records began! The increased volume of auctions provided a bumper choice for buyers prior to the Easter long weekend, which...
Jeremy Desmier in Market Updates
Market Update | 2 & 3 April 2022
The first auction weekend of April saw the busiest start to the month on record, with just shy of 1,700 auctions scheduled across Victoria this week. The chilly weather saw puffer jackets and umbrellas make a comeback, reminding us that Winter is mere weeks away! The Real Estate Institute of Victoria (REIV) recorded a preliminary clearance rate...
Jeremy Desmier in Market Updates
Autumn Market Update 2022
Join Jeremy Desmier and Prue Fletcher as they look back over the first quarter of 2022 and how the property market is shaping up for the rest of the Autumn selling season.
Sarah Lowry in Market Updates
Market Update | 26 & 27 March 2022
The last auction weekend of March saw over 2,600 properties scheduled to go under the hammer across the country’s capital cities, up 8.3% from the previous week. Melbourne recorded its highest auction volume seen in 2022 and for the third week in a row, the rate of sold prior auctions also increased. The Fletchers Group was thrilled...
Jeremy Desmier in Market Updates
February Rental Market Update
In the passing month, a total of 63 properties were leased during the period 1/02/22 to 28/02/22 by our Property Management team. We are seeing a steady flow of new rentals continuing to hit the market with a solid increase on the volume or rentals leasing in Melbourne's outer east. As such vacancy rates are now on the steady decline and...
Adrian Lieschke in Market Updates
Market Update | 19 & 20 March 2022
Over 2,400 auctions were scheduled across the capital cities over the weekend, up 56.8 per cent compared to the previous week, due to the long weekend. The Domain Group reports that auction volumes are higher year on year this week, continuing the strong annual growth in national auction listings seen for the majority of the first quarter of...
Jeremy Desmier in Market Updates
Market Update | 12 & 13 March 2022
Auction numbers were driven down over the weekend due to the Labour Day public holiday, with just over 1,500 auctions scheduled across the capital cities. The proportion of sold prior auctions increased for all capital cities increased however, and higher auction volumes are set to return as the market moves further into the Autumn selling...
Jeremy Desmier in Market Updates
Market Update | 5 & 6 March 2022
The Domain Group reports that Victoria has experienced unprecedented levels of auctions in the last fortnight, with listings triple what they were this time last year. As we move into the Autumn selling season, auction clearance rates are showing signs that supply may have already exceeded the number of buyers in the market. The conditions...
Jeremy Desmier in Market Updates
Market Update | 26 & 27 February 2022
The last auction weekend of summer saw over 2,500 auctions scheduled across the nation’s capital cities. The Domain Group reports that auction volumes remain strong, up 23.1% annually. Despite the high volume and choice of properties on offer, the Fletchers Group achieved a strong 70% clearance rate. Auctioneer Jason Salan had two...
Jeremy Desmier in Market Updates
January Rental Market Update
In the passing month, a total of 76 properties were leased during the period 1/01/22 to 31/01/22 by our Property Management team. We are seeing a steady flow of new rentals continuing to hit the market with a solid increase on the volume or rentals leasing in Melbourne's outer east. Renter demand continues to remain strong with vacancy...
Adrian Lieschke in Market Updates
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