Archive

Archive for February, 2020

Auction | 6 Boronia Street, Surrey Hills

February 28, 2020 Leave a comment

I was thrilled to work with Mark Fletcher to secure the sale of 6 Boronia Street in Surrey Hills for our vendors, Nino & Regoula.

Exquisitely restored and renovated by the current vendors, the 1927 Californian Bungalow at 6 Boronia Street in Surrey Hills truly offered the new owners a turn-key solution.

I declared the home ‘on the market’ at $2,435,000 and two competing bidders saw the home sell under the hammer for $2,446,000.

Congratulations to our vendors and the successful purchasers!

Categories: Auctions

Auction Snapshot | 22 & 23 February

February 25, 2020 Leave a comment

Larger volumes of properties going under the hammer over the weekend has put rising buyer confidence to the test, with auction clearance rates in Melbourne remaining exceptionally strong on Saturday.

Domain Senior Research Analyst, Nicola Powell, believes the upward trend will continue throughout March. ‘I think [Saturday’s] result really was a real test of 2020 for the auction market because what we saw was a much larger number of homes going under the hammer. It really shows the confidence and buyer demand.’

As a result, Domain reported that home buyers across Melbourne are ‘fending off stiff competition and stretching past their budgets’ in order to secure a home, which has been the catalyst for continued house price growth in the auction market so far this year.

Results. It’s a Fletchers thing.

Categories: Auction Wrap

Auction | 31 Bass Street, Box Hill

February 25, 2020 Leave a comment

The sun was shining for the auction of the timeless Californian Bungalow at 31 Bass Street in Box Hill. Offering a fantastic indoor/outdoor lifestyle in a tree-lined street, the home is also zoned for Box Hill High School so it’s unsurprising that the auction attracted a crowd of close to 100 people!

Competition between two bidders saw the property reach an excellent sales result of $1,717,000 achieved. Congratulations to our vendors, Bruce & Deb and the successful purchasers!

Categories: Auctions

2020 Rate My Agent Awards

February 21, 2020 Leave a comment

I was so honoured to be recognised as the Victorian Agent of the Year at the 2020 Rate My Agent Awards.

Thank you so much to all of our clients that took the time to provide their feedback on their selling experience with my team and me.

Thanks also to my personal team who work so hard with me, day and in and day out.

The Fletchers Team was also recognised as the Rate My Agent ‘Medium Agency of the Year’ – it was nice for our Executive Chairman to be able to accept the award on behalf of the team and say a few words.

Image may contain: 10 people, including Kimba de Geest, Spring Chen, Sarah Lowry, Caroline Dawborn, Allison Rycroft Miller and Bianca Waddell, people smiling, people standing

Auction | 168B Mont Albert Road, Canterbury

February 21, 2020 Leave a comment

On one of Melbourne’s most illustrious boulevards, 168B Mont Albert Road in Canterbury offers attractive gardens, lounge/dining with a vaulted ceiling and kitchen with stone surfaces.

Bidding for the property started at an even $1,000,000 with six bidders participating to secure the private, well located home. Built in 1977, the home also offers potential to renovate or build new (STCA), and sold under the hammer for $1,407,000.

Congratulations to our vendors and the successful purchasers!

Categories: Auctions

3 The Avenue, Blackburn

February 17, 2020 Leave a comment

Join me on a tour of 3 The Avenue, Blackburn.

Making an impressive contribution to one of Blackburn’s most desirable streetscapes, this flawless 4 bedroom, 4 bathroom plus study residence is a Californian Bungalow that has been completely transformed into a luxurious masterpiece. Refreshing in both design and dimension, the lavish lounge room with open fireplace and separate dining room reflect the finest in formal entertaining.

To explore the property and view the statement of information, please contact me on 0403 020 404 or visit the website: bit.ly/3TheAvenueBlackburn

Categories: Listings

Auction Snapshot | 15 & 16 February 2020

February 17, 2020 Leave a comment

Melbourne’s auction market continues to gain momentum, with the second weekend of results for the year showing a phenomenal auction clearance rate of 82%.

When compared with 60% this time last year, current results demonstrate ‘that vendors are really confident going into their auction and confident that they have enough buyers to create that competitive auction environment,’ said Domain Senior Research Analyst, Nicola Powell.

Interestingly, the recent gains for the auction market come as news of Melbourne’s median house prices reach record-breaking highs. According to the REIV, the December 2019 quarter revealed a tremendous increase of 3.7% for houses and 3.8% for units in metro areas. These figures mark the first time that house values have surpassed $850,000 and unit values have surpassed $630,000, with new benchmarks set across the inner, middle and outer rings of Melbourne.

‘These are outstanding figures; the Victorian real estate sector continues to soar to new heights. Buying in Victoria is a great investment; house and unit values are growing across the entire state. Anybody who invested here is getting a great return,’ said REIV President, Leah Calnan.

In Fletchers news, our solid weekend of results saw a total of 14 properties sell across the Fletchers Group, with as many as 6 bidders at auction in spite of the cooler conditions.

Results. It’s a Fletchers thing.

Categories: Auction Wrap

Auction | 2/28 Langford Street, Surrey Hills

February 13, 2020 Leave a comment

My team and I were thrilled to represent our lovely vendors, Nanette & Jenny in the sale of the fantastic single level unit at 2/28 Langford Street in Surrey Hills.

We certainly saw confidence on display at the auction of 2/28 Langford Street in Surrey Hills, where six bidders competed to secure the single level, two bedroom home. Bidding started at $700,000 and the property was declared on the market at $760,000 and went onto sell for $848,000.

Congratulations to our vendors and successful purchasers!

Categories: Auctions

Auction Snapshot | 8 & 9 February 2020

February 11, 2020 Leave a comment
Making a remarkable comeback from the 2017-19 downturn, Melbourne’s housing market has seen a 20 per cent increase in auction clearance rates from this time last year. With renewed buyer confidence already driving positive results in the market, industry experts are expecting a busy start to the year.
 
‘The market is kicking back into gear and we’ll begin to see lots of new listings come on between now and Easter. This weekend’s clearance rates really illustrate the confidence that has come back into the market,’ said Domain Senior Research Analyst, Nicola Powell.
 
With the Reserve Bank having announced its decision to keep interest rates on hold at 0.75 per cent, CoreLogic Head of Research, Tim Lawless, said ‘housing markets have well and truly responded’ to lower interest rates, ‘with national housing values rising 6.7 per cent since the first rate cut in June through to the end of January’.
 
Results. It’s a Fletchers thing.
Categories: Auction Wrap

Auction | 42 Derby Street, Kew

February 9, 2020 Leave a comment

No matter how you pronounce the street name, Number 42 Derby Street in Kew is a brilliant craftsman-built home boasting brilliant proportions and luxe appointments.

The auction was conducted inside and bidding started at $2,300,000 with two parties involved. The property was formally passed in and sold in post-auction negotiations for $2,510,000.

Congratulations to our vendor and the successful purchasers!

Categories: Auctions