Posts Tagged ‘Auction wrap’

43 Park Road, Surrey Hills

October 14, 2014 Leave a comment

There was a small write up about the sale of 43 Park Road in Surrey Hills. Five bidders fought to secure the property, and I was happy to have sold it to a lovely young family. This tied up my 4 out of 4 over the weekend, successfully selling all the properties I had scheduled for auction. What a great day in real estate!

43 Park Road

Auction Wrap – 29 June

The weekend of 29 June was crammed full of auctions, I had a total of five, including one on the Sunday. On what was a very cold and uninviting day we still had plenty of people venture out to be amongst the property action. There were again good numbers at auctions, with many people participating, resulting in big numbers under the hammer.

The REIV recorded a clearance rate of 73 per cent with Fletchers performing above industry average achieving a clearance rate of 80 per cent.

A great sale was the classic four bedroom plus study home at 12 Highview Road in Balwyn North. Tasteful updates to this home over the years have resulted in a warm and welcoming residence that is ready to move straight into and enjoy. With room for a growing family, a rear garden that presents a paved alfresco area and undercover terrace with a spa, this home has it all! Gail Logan and I were pleased- as were our vendors with the eventual selling price of $1,108,000!

The sun-filled period timber home at 19 Loudon Road in Burwood was another great sale for the day. The three bedroom home offers the opportunity to renovate, extend or build new (STCA) and four bidders battled for this property which sold for $945,000 an impressive $75,000 over reserve.

Another pleasing sale for the day was the three bedroom, single level town residence at 2/57 Thea Grove in Doncaster East which sold for $660,000.

The Sunday auction at 43 Wattle Vallet Road in Mitcham was also a great success! Six bidders competed for the property which eventually sold for $639,500.

It was a successful weekend all round, I achieved a 100 per cent clearance selling all the properties I had scheduled for auction.

Loudon Road Auction

Auction at 19 Loudon Road in Burwood.

Auction Wrap – 13 May 2013

The REIV recorded a clearance rate of 72 per cent on the weekend, compared to 61 per cent on the same weekend last year.

Fletchers achieved a success rate of 90 per cent, with the market definitely surging forward. The interest rate cut last week is certainly assisting!

It was one of those beautiful Autumn days in Melbourne on Saturday, with plenty of colourful leaves everywhere. We sold 10 Station Street, Burwood under the hammer for an undisclosed amount, with five bidders in contention.

The auction of 14 Ryeburne Avenue, Hawthorn East prompted two bidders to put their hands up, with the period home selling under the hammer for $2.4 million.

During the week, my colleague Thomas Lo and I also sold 13 Winmalee Road in Balwyn for an excellent price of $2.4 million.

Next weekend, around 670 auctions are expected in Melbourne. Fletchers have 19 auctions scheduled and I have a big day calling six auctions, including the four units at 84 Winfield Road, Balwyn North from 11am.

Hope to see you at some of our open for inspections or auctions on the weekend!


Auction Action at 14 Ryeburne Avenue, Hawthorn East
(photo courtesy of James Market News)