Tim Heavyside, Director & Auctioneer | Businesses

Tim Heavyside, Director & Auctioneer

Phone: +61 403 020 404

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25.01.2022 Tranquility, peace and that enviable single-level living was on offer at the auction of 2/16 Bentley Street in Surrey Hills. We conducted the auction in a hybrid format, and passed the property in to an online bidder at $1.2 million. We successfully negotiated a result for our vendors post auction, at $1,230,000. A great outcome for all parties!

25.01.2022 Some fantastic results at auction this weekend, with the Fletchers Group achieving a success rate of 82%. My team and I were fortunate to sell the most expensive home under the hammer in Melbourne today - 7 Neath Street in Surrey Hills. It's such an awesome home, attracting three bidders and was a cracking result for our vendors! We also sold 9 Sycamore Street in Camberwell under the hammer with my colleague Michael Richardson, and 7 Leura Street in Surrey Hills also sold und...er the hammer...the first time offered for sale in 29 years! Congratulations to all of our vendors and successful purchasers.

24.01.2022 Thank you for your kind words Mary and Grace, it was a pleasure to work with you both!

24.01.2022 The board fell over but we still sold it! With two bidders, 13 Hodgson Street in Templestowe Lower sold under the hammer for $941,000.

21.01.2022 2/80 Winmalee Road, Balwyn - as seen in this week's Domain Review. "A professional couple or young family will revel in the exceptional space, matched with zoning for Balwyn High School, in this exquisite, low-maintenance residence". Auction this Saturday, 19 December at 4pm.

21.01.2022 We're back in business! The latest update from the Real Estate Institute of Victoria [REIV] has revealed that physical appraisals can now resume in metropolitan Melbourne. This is fantastic news for those who are considering selling this Spring and want to take advantage of pent-up buyer demand.... With the recommencement of private inspections and physical appraisals, the reopening of Melbourne's property market is now underway. I am now taking appointments and would be delighted to assist you with a free, no obligation appraisal of your home's current value. Please don't hesitate to get in touch.

21.01.2022 MARKET UPDATE | With private inspections now permitted, industry experts believe home buyers could spur on a late selling season for Melbourne’s property market. According to Domain, ‘buyers and sellers have barely 12 weeks the time it can take for a property settlement to make a move before Christmas, after private inspections resumed this week’. With the late start to Melbourne’s peak selling season a result of strict COVID-19 restrictions in Victoria, Real Estate B...uyers Association of Australia President, Cate Bakos, believes many buyers have ‘arbitrarily set Christmas as an emotional date for their property goals’, with the large number of buyers and few properties on the market having left many with a case of ‘FOMO’. ‘Others have access to pre-approval and they’re not keen on going through that rigmarole again,’ she said. NAB Chief Economist, Alan Oster, said that other Australian markets had fared better than first expected post-lockdown and suggested that the sudden increase in transactions could result in an uptick in house prices across October and November. ‘There will certainly be a spike in sales,’ he said. Give me a call if you're considering selling this Spring.

20.01.2022 Thank you so much Albert & Nicole, your kind words are very much appreciated!

19.01.2022 SOLD | 2A Golding Street, Canterbury Two bidders competed to secure this stunning, near-new four bedroom home in a blue-chip Canterbury location. The property sold under the hammer, a fantastic result.

19.01.2022 We have received further clarification from the Victorian Government via the Real Estate Institute of Victoria [REIV]. We can now confirm that many services ancillary to real estate are allowed to resume, with appropriate social distancing and personal hygiene protocols in place. This is fantastic news for those vendors and landlords who were simply waiting for the green light to go ahead - we can market properties and take interested parties through.

19.01.2022 With metro Melbourne still in Stage 4 lockdown, many potential buyers and sellers are choosing to wait and see what happens this Spring, traditionally the busiest selling season. One of my vendors, Kerrie Love, is bucking the trend and has opted to bring forward her decision to move. Ms Love, recently retired from her catering job, had supplemented her income over the past few years by renting out rooms in the historic Box Hill house she had raised her four children in on Air...bnb. It had been an extremely successful income stream, and one which she had planned on continuing following her retirement, with bookings up until October 2021 until the pandemic hit. I’ve had so many cancel. All the borders are closed and there’s so much uncertainty, she said. Not being able to rely on that income has brought my decision forward. I’ve had time [during lockdown] to do up the garden, the renovations are all done, so I think it’s time to do it. I’m hoping the fact it’s a beautiful family home will mean it sells now. She expects the October 17 auction to be very different to when she bought the home in 1996, with 200 people at an auction in the backyard.

18.01.2022 Thrilled to represent our vendors, Chris & Sahar, in the marketing and auction of their gorgeous home at 2A Golding Street in Canterbury. Just two years old and in a blue-chip Canterbury location, it took just two bidders to see the property quickly go on the market and then sell under the hammer. Congratulations to our vendors and of course to the successful purchasers, who have bought a fantastic property.

18.01.2022 Some advice for buyers who are looking to secure a property this year, with the game being changed so dramatically due to the COVID-19 pandemic. In summary, do extensive online research, be ahead of the game, act decisively and know your strategy. We are still seeing people buy property even during the Stage 4 lockdown, with all the technology that is now available. You don't have to wait if you see a property you're interested in.

18.01.2022 COVID-19 UPDATE We are thrilled that the Victorian government has announced that the current restrictions in Melbourne will begin to ease from 11:59pm on Thursday, 10 June. Real estate inspections can resume by private appointment with a maximum of 10 people, and auctions will return on-site (outdoors only to a maximum of 50 people). Masks are required to be worn indoors and check-in via QR code is also mandatory.... A further easing of restrictions is expected on Thursday next week. Stay safe and be well!

17.01.2022 Every good auction day starts with a solid breakkie! Our team sold 5/6 properties at auction today, with the @fletchers_realestate group achieving an 84% success rate. #melbre #ausproperty #auctions #success #itsafletchersthing

16.01.2022 Sold prior to auction. Happy New Year!

15.01.2022 Offered for sale for the first time in 30 years, the property at 9 Milford Avenue in Wheelers Hill attracted confident bidding both on-site and online. Just steps from Jells Park, the immaculate five bedroom home also boasts balcony views of Mount Dandenong from the main bedroom. Our vendors were thrilled with the result and the successful purchasers have secured a wonderful family home.

15.01.2022 SOLD $1,150,000 - 10 Penrose Street, Box Hill South

13.01.2022 Thank you so much for your very kind words Peter, it was an honour to represent you and your family.

12.01.2022 Spring has finally sprung for Melbourne’s real estate market! With COVID-19 restrictions beginning to ease across metro-Melbourne, private inspections are back and vendors can put the sale of their property back into motion. Throughout the entire lockdown, even Stage 4, we have seen a lot of buyer enquiry. On the flipside, there is very little stock available to accommodate this demand, so it is an excellent time for potential vendors to sell.... Have a listen to my market update.

10.01.2022 Architecturally designed and customised to every family desire, the auction of 7 Neath Street in Surrey Hills brought out buyers who were determined to secure the modern and sophisticated home. Our vendors presented the home exceptionally well throughout the campaign and their efforts were rewarded with strong bidding from three parties. After an opening bid of $3 million, the property went onto sell under the hammer for $4,005,000. Success. It's a Fletchers thing.

10.01.2022 Thank you Ros for your very kind words, it was a pleasure to represent you.

08.01.2022 MARKET UPDATE Victoria’s road to recovery has seen demand flooding back to the market this month, setting up for a solid start to the New Year. According to CoreLogic Australia, housing values rose across every capital city in November, with property prices set to surpass their pre-COVID highs early next year. ‘If housing values continue to rise at the current pace, we could see a recovery from the COVID downturn as early as January or February,’ CoreLogic’s Head of Rese...arch, Tim Lawless, remarked. Another positive trend coming out of lockdown has been the sharp rise in activity from first-home buyers, with many reports that both couples and singles have used this time to boost their savings and secure themselves a house deposit. ‘The biggest thing I’ve seen this year with Victoria’s lockdown has been the ability, especially among first-home buyers, to be able to put money away into their house deposit savings. I’ve had a lot of clients who were hoping to be able to save enough to buy something later this year or next year. But with the extra savings they’ve made during lockdown, they’ve been able to bring that forward a bit,’ said Sarah Thompson of Loan Market Geelong. Over the weekend, Fletchers achieved a very strong auction clearance rate of 83.87%, selling a remarkable 27 properties across our office network on Saturday alone. My person team sold 5/6 properties under the hammer which was fantastic, although we were sad to say it was the last day at work for our colleague, Harley Toyle who we will miss very much! ‘Well done on another great day today - with so many multiple bidders. It certainly looks like we are in for a strong start in the New Year,’ said Fletchers Executive Chairman, Rob Fletcher. Success. It’s a Fletchers thing.

08.01.2022 Looking for ways to prepare your home for the Spring market under COVID-19 restrictions? Watch now for an exclusive interview featuring our Brand & Lifestyle Ambassador, Prue Fletcher and Property Stylist, Ali Waight, as they discuss some top tips for the selling season.

07.01.2022 9/47-49 Rose St, Box Hill - just sold unconditionally!

06.01.2022 MARKET UPDATE While Melbourne’s property market effectively remains in hibernation until the end of October, the current ban on private one-on-one inspections has seen thousands of Victorians caught in limbo. ‘No one can inspect anything. There are literally hundreds and thousands of people who’ve lost their jobs and are struggling with mortgages and struggling with rent. They are in genuine financial distress or there’s illness, or divorce. This is about so much more than... the real estate industry it’s about the basic human need of shelter,’ one agent reported. Among those struggling with current restrictions include buyers who purchased a property prior to lockdown and need to sell, vendors who sold their property and need to buy, unemployed tenants who are struggling to afford their rent and mum and dad landlords who are trying to keep their mortgages afloat. As the sector seeks to bring forward the timeline to allow private inspections, the Victorian Government’s road map to reopening revealed that in-person inspections would be able to resume if the state recorded fewer than five daily cases over the two weeks prior to October 26. ‘Stress, anxiety and financial pressures could be avoided with very minor changes to the current restrictions,’ said Real Estate Industry Partners CEO, Sadhana Smiles. While an increasing number of Victorians face financial difficulty due to the impact of COVID-19, the real estate industry remains committed to providing this essential service using COVID-safe practices and hopes the proposed date to reopen can be brought forward to assist buyers, sellers, tenants and landlords in need.

05.01.2022 Today's announcement from the Victorian Premier means that one-on-one inspections for residential real estate can resume as of 11:59pm tonight. This will be a great relief for those who are in the middle of either trying to sell or rent their property, or hoping to secure a home to buy or lease. We are expecting more information tomorrow - will keep you updated.

05.01.2022 I was recently quoted in Domain in The Age, talking about the Spring selling season in our current COVID-19 affected climate. http://domain.smedia.com.au/theage-domain/

04.01.2022 Today we sold a couple of properties in Camberwell under the hammer: 11/924 Toorak Road which was being offered for sale for the first time it was built in 2007. Six bidders competed. 98 Glyndon Road was being offered for sale for the first time in 50 years! Four bidders competed for the home.

02.01.2022 MARKET UPDATE | Melburnians are gradually returning to work after a well-deserved break following a challenging and eventful year across the globe. As we hope to return to a sense of normalcy in 2021, Fletchers would like to wish our clients and friends a prosperous year ahead and look forward to being of service to you as Melbourne’s property market resumes. After finishing the year on stronger footing, house prices are set to rise in all Australian capital cities in 20...21. Buoyed by low interest rates, stimulus from the government and an improving economy, AMP Capital Chief Economist, Shane Oliver, predicts house prices will surge by 5 per cent nationally in 2021. ‘The whole market is being driven by low interest rates, buyer incentives. Obviously, the reopening of the economy and the improvement in the jobs market which are tending to dominate the negatives,’ he said. In a recent update from CoreLogic Australia, data is now showing that ‘as remote working opportunities become more prevalent and demand for lifestyle properties and lower density housing options become more popular’, housing markets in regional areas have also continued to surge, with demand currently outweighing supply. Dr Oliver has echoed this sentiment, believing that ‘employees’ and businesses’ attitude to working from home have changed fundamentally as a result of this pandemic, which will change people’s attitudes towards commuting and lifestyle and ultimately, where they choose to live. I’d expect regional areas within a two-hour zone of Melbourne [and Sydney] could to be towards 10 per cent next year,’ he suggested. With state-wide border closures and small, localised outbreaks of COVID-19 expected to emerge across the year, Commonwealth Bank Economist, Gareth Aird, says their current forecasts have taken these factors into account and that ‘while there’s nothing about this latest outbreak just yet that’s big enough to shift the dial, it is just a reminder that COVID-19 is still there.’ If you’re looking for assistance or advice on your property plans over the next 12 months, get in touch to help optimise your marketing strategy and achieve the best outcome for your home. My team and I would like to wish you all the year ahead! Enjoy your Summer and we look forward to helping you on your property journey in 2021. #news

01.01.2022 MARKET UPDATE | Making a momentous comeback from this time last year - when just 339 auctions were recorded, Victoria is seeing a swift reopening of the property market this Summer, with 992 auctions reported in the state over the weekend. Of those, 82% of properties scheduled for auction sold on the day, bringing in a total auction volume of $763 million for Victoria, as well as another $217 million via private treaty. In addition to open for inspections and auctions ha...ving returned back to ‘COVID-normal’ across Melbourne, these early signs of recovery have been welcomed by agents and industry experts alike, including the Real Estate Institute of Victoria [REIV]. ‘It is really exciting. I think there is a portion of real estate agents who will still utilise private inspections and technology at auctions,’ REIV President, Leah Calnan, remarked. Fortunately, we are already seeing more first-home buyers enter the market since Victoria’s extended lockdown, with many buyers citing an improved ability to save their deposit over the last 12 months. ‘The biggest thing I’ve seen this year with Victoria’s lockdown has been the ability, especially among first-home buyers, to be able to put money away into their house deposit savings,’ said Loan Market Geelong Finance Broker, Sarah Thompson. ‘I’ve had a lot of clients who were hoping to be able to save enough to buy something later this year or next year. But with the extra savings they’ve made during lockdown, they’ve been able to bring that forward a bit.’ It was first home buyers, for example, that recently purchased the three bedroom home at 29A Crest Grove in Nunawading. #news

01.01.2022 MARKET UPDATE | As more COVID-19 restrictions were eased in Victoria over the weekend, the latest data from the Real Estate Institute of Victoria has revealed the state’s lowest days on market since 2009. With the average Victorian home spending just 33 days on market, Real Estate Institute of Victoria [REIV] President, Leah Calnan, says that ‘the Victorian real estate market is starting to shine post COVID-19 restrictions, with homes across the state taking less time to se...ll’. Comparatively, homes in metropolitan Melbourne are currently selling within just 25 days on market, a huge comeback after a sluggish average of 71 days on market in September. 'Days on market is a strong indicator of buyer’s desire. Competition between buyers is heating up, and people aren’t waiting to purchase the property they want,’ she said. Starting from this week, ‘indoor real estate inspections will be able to open to a maximum of 20 people, subject to density limits, while outdoor auctions can include up to 50 people from any number of households,’ as reported by ABC News. In Fletchers news, a total of 6 bidders were seen competing for the 4-bedroom, 3-bathroom property at 11/924 Toorak Road in Camberwell on Saturday. Quietly tucked away at the rear of a development, my team and I sold the contemporary large family town residence for $1,408,000. Success. It’s a Fletchers thing.

01.01.2022 2/1 Renown Street, Burwood - sold prior to tomorrow’s scheduled auction. Congratulations to our vendors and the successful purchasers!

01.01.2022 Wow, thank you for your very kind words Geoff and family. It was our pleasure to represent you! #melbre #review #rma #ratemyagent