22nd May 2013 / Bradley Brown: Fletchers Group News Update – 22 May

The REIV recorded a clearance rate of 73 per cent over the weekend, compared to 60 per cent on the same weekend last year. Fletchers clearance rate was 88 per cent, well above industry average.

Fletchers achieved great results this weekend selling 14 out of the 16 properties auctioned, with many going under the hammer for prices well above reserve.

Fletchers Director, Tim Heavyside sold six out of the six properties he had scheduled for auction, including the four unit development at 84 Winfield Road in Balwyn North. The units were auctioned consecutively from 11am and all sold under the hammer – the vendors were rapt!

29 Boisdale Street in Surrey Hills was the highest sale for the day and an extremely impressive result. Boasting a variety of flexible spaces, this five bedroom family home offers the opportunity to move in immediately while considering future renovation or extension. This property sold for $215,000 over reserve, pleasing the owners immensely.

The exquisite 1967 residence at 30-34 Serpells Road in Templestowe allows you to step back from the rush of city living and enjoy 1.25 acres (approx) of lush gardens and leafy views…don't forget the stable for your horse! Ideal for renovation or a new luxury home, three bidders fought to secure this property, which sold for $130,000 above reserve. This unique home was another pleasing sale for Jason Salan and the Manningham team.

On sale for the very first time, the three bedroom 1945 weatherboard home at 2 Duncan Street in Box Hill South is enviably located just metres to Kingswood College, Roberts McCubbin Primary School, local shops and Box Hill Golf Course. This home is in excellent original condition featuring a North-facing lounge room with open fireplace and lush gardens. This property was another to go under the hammer for an incredible price, selling for $106,000 above reserve.

Occupying a corner block in the heart of Blackburn, the 1950s cream brick home at 9 Railway Road has been family owned and occupied for 47 years and presented an outstanding opportunity for living, leasing or redevelopment (STCA). The competing five bidders recognised this great opportunity, pushing this property to sell for just above $68,000 over reserve.

For all of Fletchers recent sales, visit our award-winning website.

Many of our staff attended Australian Real Estate Conference (AREC) on the Gold Coast over the past couple of days. CEO and Director Bradley Brown commented that AREC had a lot of engaging content and some positive reinforcements for the staff members that attended. Bradley himself was both surprised and delighted to see that Fletchers featured in a double page spread of Real Estate Business Magazine. Read the full article 'Achieving Best Practice' on the Fletchers Forum.

After winning the 2013 Australian Achiever Award for Victoria's Real Estate Services with an incredible score of 99.58%, Fletchers reaffirms its dedication to consistently providing clients with exceptional service.

The REIV is expecting 750 auctions to be called next weekend. Keep an eye out on Fletchers social media for more exciting auction updates.

Enjoy the remainder of your week!

The four unit development at 84 Winfield Road, Balwyn North