Market Update | 4 & 5 May 2024
We saw over 1,000 auctions held on a beautiful Autumn weekend in Melbourne, with a preliminary clearance rate of 60% recorded by Domain. This is the first weekend since prior to Easter where we have seen over 1,000 auctions. Four bidders competed to secure the perfectly designed, three-bedroom home at 12 Paisley Street in Box Hill North. On a...
Jeremy Desmier in Market Updates
Market Update | 27 & 28 April 2024
We enjoyed a stunning display of Autumn weather on the weekend, perfect for selling and buying real estate, with the Domain Group recording an auction clearance rate of 62%. The Fletchers Group was thrilled to achieve a strong success rate of 75% for our clients. We saw four bidders compete to secure the attractive, four-bedroom family home at...
Jeremy Desmier in Market Updates
Market Update | 20 & 21 April 2024
As we move into several busy auction weeks to the end of Autumn, the Fletchers Group was thrilled to achieve a strong 86% clearance rate over the weekend. Over the weekend, we saw an incredible eight bidders compete to secure the fashionably designed, three-bedroom family home at 5 Arundel Court in Box Hill South. The property was sold under...
Jeremy Desmier in Market Updates
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
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Market Update | 30 November 2024 December 3rdThe Spring selling season has officially come to an end and now we look forward to a few more auction weekends before a...
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Market Update | 23 & 24 November 2024 November 26thWe absolutely sweltered over the weekend, with temperatures in Melbourne well over 30 degrees!