Market Update | 7 & 8 September 2024
The Fletchers Group was thrilled to achieve a strong success rate of 70% for our clients, as we enjoyed some welcome glimpses of Spring sunshine during the day. Over the weekend, we saw an incredible total of ten bidders competing at the auction of the beautiful federation home at 170 Rossmoyne Street in Thornbury. Located in a well-connected...
Jeremy Desmier in Market Updates
Market Update | 30 August 2024
The last auction weekend of Winter saw a preliminary clearance rate of 69.1% achieved, as recorded by PropTrack. The Fletchers Group achieved a success rate of 63%, even as the state was pummeled by strong winds and wet weather. Over the weekend, it took 51 bids from six bidders to find the new owner of the immaculately presented home at 50...
Jeremy Desmier in Market Updates
Market Update | 23 & 24 August 2024
Auction activity continues to heat up as we close in on the Spring selling season, with over 2,000 homes going under the hammer across the combined capitals. Melbourne hosted 889 auctions, with a preliminary clearance rate of 68.7%. Over the weekend, Partner & Auctioneer Aaron McDonald fielded bids from two parties seeking to secure the...
Jeremy Desmier in Market Updates
Market Update | 10 & 11 August 2024
We enjoyed a welcome sneak peek of Spring sunshine over the weekend as Melbourne hosted the highest number of auctions across the country, with approximately 844 homes going under the hammer. This was the biggest volume since the week ending 23 June when 920 auctions were held. In Blackburn South, three bidders competed to secure the...
Jeremy Desmier in Market Updates
Market Update | 3 & 4 August 2024
Over the weekend, approximately 800 homes went under the hammer across Melbourne, with a clearance rate of 70.4% recorded by CoreLogic. The Fletchers Group was thrilled to achieve a success rate of 75% across our network of offices. In Kew, five bidders competed to secure the charming, three-bedroom townhouse at 4/111 Normanby Road. In...
Jeremy Desmier in Market Updates
Market Update | 27 & 28 July 2024
Over the weekend, Melbourne recorded the highest number of auctions across the country, with 840 homes taken to market. The preliminary clearance rate held just below the 70% mark, recorded by CoreLogic. The Fletchers Group was thrilled to achieve a success rate of 83%. In Vermont, four bidders competed to secure the vibrant, single-level unit...
Jeremy Desmier in Market Updates
Market Update | 20 & 21 July 2024
We certainly felt the winter chill over the weekend, on a very rainy and grey day across Melbourne. With school holidays over, the number of auctions held was approximately 734, with a preliminary clearance rate of 66.9% recorded by CoreLogic. The Fletchers Group was thrilled to achieve a 92% success rate for our clients. Overall, auction...
Jeremy Desmier in Market Updates
Market Update | 13 & 14 July 2024
The winter school holidays finished up over the weekend, with a cooling effect on auction numbers with just 1,478 properties auctioned across the combined capitals. Melbourne did record its second strongest early clearance rate of the year, with 73% of the 609 homes auctioned returning positive outcomes, as recorded by CoreLogic. AMP Chief...
Jeremy Desmier in Market Updates
Market Update | 6 & 7 July 2024
We enjoyed a weekend of crisp winter weather, and a strong clearance rate of 80% for the Fletchers Group. Auction volumes are low due to the school holidays, with 1,747 auctions recorded across the country - the lowest count since the King's Birthday long weekend in June. We saw three bidders compete to secure the charming, three-bedroom...
Jeremy Desmier in Market Updates
Market Update | 29 & 30 June 2024
We endured an artic-like weekend of weather as auction numbers fell for the last week of the financial year. There were 862 auctions held in Melbourne, with CoreLogic recording a preliminary clearance rate of 68.2%. Over the weekend most auctions were held indoors, due to the wet weather. We still saw three bidders compete to secure the light...
Jeremy Desmier in Market Updates
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Market Update | 16 & 17 November 2024 November 19thAuction activity continued to ramp up over October, with the weekly auction count by CoreLogic exceeding the 3,000 mark...