12th February 2019 / Rob Fletcher: AUCTION SNAPSHOT | 9 & 10 February 2019

With last weekend drawing to a close at a clearance rate of 52%, bidders are now turning out in reasonable numbers across the city. Domain reports an increase in buyer enthusiasm for inner-suburban properties at auction, with open-house inspection numbers on the rise in selected suburbs. 'There is a spring in the step of the market. People are willing to have a crack if they see something they like,' said one agent.

While the year ahead may not point to a period of huge growth for the industry, signs are certainly alluding towards a more stablised, balanced market for buyers as well as sellers, leaving opportunities open for first-time home owners and those looking to upsize to shop around.

Over the weekend, Senior Property Consultant, Rino Presutto of Fletchers Balwyn North sold 5-bedroom, 3-bathroom home on 45 Ferdinand Avenue, Balwyn North. Conveniently located in the Balwyn High School Zone and in close proximity to Doncaster Road shops, the spacious residence features amazing views of the Macedon and Dandenong Ranges, attracting a total of 2 bidders at auction.

Don't forget, if you're planning on selling this year, your next trip could be on us. Exclusively list and sell your property with Fletchers in 2019 for your chance to win 1 of 4 $10,000 travel vouchers. For more information and conditions of entry, visit fletchers.net.au/100yeartravel.