Market Update | 13 & 14 April 2024
The Autumn property market continues to be strong, after a short pause over the Easter break. The number of homes going under the hammer and broader listing numbers are both up on last year, giving prospective buyers more choice and creating greater balance between buyers and sellers. The preliminary clearance rate for the week was 66.5%, with the...
Jeremy Desmier in Market Updates
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...
Jeremy Desmier in Market Updates
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...
Jeremy Desmier in Market Updates
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%...
Jeremy Desmier in Market Updates
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...
Jeremy Desmier in Market Updates
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...
Prue Fletcher in Market Updates
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...
Jeremy Desmier in Market Updates
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...
Jeremy Desmier in Market Updates
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...
Jeremy Desmier in Market Updates
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...
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...