August Rental Market Update
In the passing month, a total of 48 properties were leased during the period 1/08/21 to 31/08/21 by our Property Management team, an increase of over 50% and 27 additional properties leased compared to August 2020. With tough COVID restrictions currently in place, our team has been well equipped using walk-through videos tours to lease...
Adrian Lieschke in Market Updates
Market Update | 28 & 29 August 2021
As Victoria closes in on a month in lockdown with no certain end in sight, it looks as though at least some of the Spring selling season will be conducted under restrictions. Currently, in-person inspections and public auctions have been banned, forcing vendors to choose to push forward with online auctions, creatively trying to promote their...
Rob Fletcher in Market Updates
New to Online Auctions? Here’s What to Expect.
The Fletchers Group quickly jumped on board when auction streaming and online bidding became the new normal last year due to lockdown restrictions. Eighteen months into the pandemic, we have continued to perfect our approach and can swiftly move back to the platform as required. With rolling lockdowns a likely scenario for the remainder of 2021...
Sarah Lowry in Market Updates
July Rental Market Update
In the passing month, a total of 61 properties were leased during the period 1/07/21 to 31/07/21 by our Property Management team, an increase of 8 additional properties leased compared to July 2020. A steady flow of rentals continue to hit the market and tenant demand continues to strengthen in Melbourne's outer east. Vacancy Rates have...
Adrian Lieschke in Market Updates
Market Update | 31 July & 1 August
Over 1,000 auctions were scheduled across Melbourne, as the auction market bounced back to a Super Saturday after Lockdown 5.0 ended earlier in the week. The team was thrilled to be back doing on-site auctions, with the group achieving a 92 per cent clearance rate. In Burwood, the extended and renovated home at 38 Haig Street saw strong...
Rob Fletcher in Market Updates
Market Update | 17 & 18 July 2021
Melburnians were plunged into all too familiar territory last Thursday, with the announcement of our fifth state-wide lockdown because of the COVID-19 pandemic. With over 1,000 auctions scheduled for the weekend, vendors were forced to quickly decide whether to bring their property auction forward to Thursday night, move to an online auction, or...
Rob Fletcher in Market Updates
June Rental Market Update
In the passing month, a total of 46 properties were leased during the period 1/06/21 to 30/06/21 by our Property Management team. A steady flow of rentals continue to hit the market and tenant demand continues to strengthen in Melbourne's outer east. Vacancy Rates have further decreased with more favourable market conditions for rental...
Adrian Lieschke in Market Updates
Market Update | 10 & 11 July 2021
As school holidays come to an end and many auctions rescheduled to July auctions due to Melbourne's two-week lockdown, we expect to see increased activity over the next few weeks. On Saturday. close to 1,000 properties were scheduled to go under the hammer, up 14 per cent from the previous week. The REIV reported a clearance rate of 79 per...
Rob Fletcher in Market Updates
Market Update | 26 & 27 June 2021
Over 1,200 were scheduled to go under the hammer on the last auction weekend of the financial year, with many sales rescheduled post the "circuit-breaker" lockdown. The rain held off and although the temperature was a bit fresh, it was good to stay dry! With the upcoming end of financial year, we expected to see many sales as it was...
Rob Fletcher in Market Updates
Market Update | 21 June 2021
Despite most campaigns being interrupted due to the lockdown, auctions were still well-attended over the weekend, with buyers remaining keen to secure their property of choice. Whilst some restrictions remain, the property market can continue to function, with buyers no longer held back. In Forest Hill, the lifestyle convenience on offer at...
Rob Fletcher in Market Updates
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