Archive - Posts in category Market Updates: News

Five Reasons to Sell This Summer

Five Reasons to Sell This Summer

We are seeing greater than usual activity in the real estate market this Summer, due to the delayed and shortened Spring selling season. Many sellers and buyers are keen to secure a transaction before the end of the year or alternatively, are looking to launch their campaign in early 2021. There are lots of positive factors in the current...

Posted on Wednesday 6th January 2021 in Market Updates
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Market Update | 2 & 3 January 2021

Market Update | 2 & 3 January 2021

Melburnians are gradually returning to work after a well-deserved break following a challenging and eventful year across the globe.  As we hope to return to a sense of normalcy in 2021, Fletchers would like to wish our clients and friends a prosperous year ahead and look forward to being of service to you as Melbourne’s property...

Posted on Monday 4th January 2021 by
Rob Fletcher
in Market Updates
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Market Update | 19 & 20 December 2020

Market Update | 19 & 20 December 2020

Victoria’s road to recovery has seen demand flooding back to the market this month, setting up for a solid start to the New Year. According to CoreLogic, housing values rose across every capital city in November, with property prices set to surpass their pre-COVID highs early next year. ‘If housing values continue to rise at the...

Posted on Monday 21st December 2020 by
Rob Fletcher
in Market Updates
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Your Quarterly Market Update for Summer

Your Quarterly Market Update for Summer

YOUR QUARTERLY MARKET UPDATE FOR SUMMER As 2020 draws to a close, we’re collectively breathing a sigh of relief after what has been an often challenging, unknown and eventful year! We are absolutely thrilled to see Victoria starting to come to life again, as we move towards some normality. With the real estate industry’s traditional...

Posted on Tuesday 15th December 2020 in Market Updates
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Market Update | 12 & 13 December 2020

Market Update | 12 & 13 December 2020

It’s shaping up to be a busy season for the property market this Summer, with more than 2,100 auctions recorded in November; the highest numbers seen since the beginning of lockdown in March. While December is a traditionally quiet month for the real estate sector, the industry is expecting to see another rise in auction numbers...

Posted on Monday 14th December 2020 by
Rob Fletcher
in Market Updates
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November Rental Market Update

November Rental Market Update

In the passing month, a total of 70 properties were leased during the period 1/11/20 to 30/11/20 by our Property Management team. Since Covid-19 restrictions have been lightened within Metro Melbourne we have seen a steady flow of rentals coming onto the market, with tenant demand on the increase in Melbourne’s outer east. Statistical...

Posted on Tuesday 8th December 2020 by
Adrian Lieschke
in Market Updates
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Market Update | 5 & 6 December 2020

Market Update | 5 & 6 December 2020

In an outstanding show of strength for our team, there was a weekend of widespread success for the Fletchers group after selling 100% of properties at auction on Saturday. Comparatively, the average clearance rate result achieved across Victoria sat at 80%, with 595 auctions reported across the state. The news only got better as the weekend...

Posted on Tuesday 8th December 2020 by
Rob Fletcher
in Market Updates
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Melbourne Home Values Rise For First Time Since March

Melbourne Home Values Rise For First Time Since March

Melbourne home values rise for first time since March Brought to you by Realestate.com.au - Jayitri Smiles Melbourne property values have risen for the first time since the city was gripped by the pandemic, ending seven months of coronavirus-driven downturn. House and unit values increased 0.7 per cent in November to a $672,172...

Posted on Thursday 3rd December 2020 in Market Updates
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Spring Auctions Go Out With A Bang

Spring Auctions Go Out With A Bang

SPRING AUCTIONS GO OUT WITH A BANG Brought to you by Realestatebusiness.com.au -  Grace Ormsby Spring has sprung late, if the latest auction preview data is any indication, with scheduled auctions surging above 2,000 Australia-wide for the first time since April. In this week’s upcoming auction preview from CoreLogic...

Posted on Monday 30th November 2020 in Market Updates
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New Snapshot Reveals State of Victorian Rental Sector

New Snapshot Reveals State of Victorian Rental Sector

NEW SNAPSHOT REVEALS STATE OF VICTORIAN RENTAL SECTOR Brought to you by Realestatebusiness.com.au - Grace Ormsby A brand-new report has given valuable insight into Victoria’s 620,000-property-strong rental market. Renting in Victoria: Snapshot 2020 is a first-of-its-kind report from the state’s Commissioner for...

Posted on Monday 30th November 2020 in Market Updates
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