Welcome to the 2025 spring edition of Luxury & Lifestyle—celebrating an exceptional collection of prestige estates, architectural landmarks, and lifestyle havens across Melbourne and the Mornington Peninsula.
In this edition, we reflect on the forces that shaped the last financial year and the trends now guiding the market into spring. We also share some of the most extraordinary sales achieved in recent months—each a testament to the enduring strength of the premium property sector.
Since selling our first home in 1938, Kay & Burton has led Melbourne’s prestige real estate market, built on the calibre of our people, their deep market insight, and a commitment to delivering exceptional results. With strategically positioned offices across the city and Peninsula, we connect highly engaged buyers with properties of distinction—providing trusted advice, world-class marketing, and outcomes that consistently set new benchmarks.
Implied annualised national growth rate based on six months of value gains from Feb-July.1
“prime property remains one of the few assets that offers both intrinsic value and utility.”
—Ross
Savas
Ross
Savas Managing Director, Group Board Member
Prestige property sets new benchmarks
Australia’s prestige property market ended the financial year in recordbreaking form, defying global uncertainty and reaffirming its position as one of the most sought-after luxury real estate markets in the world.
Nationally, sales of homes above $5 million rose 5.2 per cent year-on-year —more than triple the volume recorded five years ago, according to Cotality (formerly CoreLogic). The momentum was mirrored at the ultra-prestige level, with a series of $50 million-plus estates changing hands in Melbourne and Sydney, and two reported transactions exceeding $100 million.
Ross Savas, Managing Director of Kay & Burton, said the appeal of Australia’s blue-chip homes was being amplified by scarcity and a global appetite for secure, high-quality assets.
Jamie Mi Partner, Head of International
“People know what they want— and they want luxury real estate,” he said. “It’s a finite asset class, and once these properties are bought, they often remain in the same hands for decades. That scarcity factor is driving values to new heights,” he explained. “Successful people are becoming more successful, and they’re chasing a very limited part of the market. It’s a global trend, not just an Australian one.”
With location, exclusivity, and longterm capital growth high on the agenda, prestige property continues to operate on its own terms.
“In many ways, there’s a two-speed market across Australia—there’s luxury property, and then there’s everything else,” Mr Savas added.
The profile of prestige buyers has never been broader, with next-generation entrepreneurs, technology founders, and returning expats joining established family wealth. While they are searching for homes, Mr Savas says they are ultimately investing in intergenerational security.
“In a climate of macroeconomic unpredictability, prime property remains one of the few assets that offers both intrinsic value and utility,” he noted.
Beyond the prestige sector, Australia’s housing market continues to build momentum. According to Cotality’s Home Value Index, every capital city recorded a rise in value for the month of July, with combined growth of 1.8 per cent—marking the sixth straight month of gains. Cotality figures also show that
annualising the most recent quarterly change implies a national growth rate of 5.8 per cent—above the decade average of 5.2 per cent.
In the March quarter, the national average price of residential dwellings in Australia surpassed $1 million for the first time, according to the ABS. The total value of the nation’s residential real estate reached $11.4 trillion, up $130.7 billion on the previous quarter.
The Kay & Burton team has been a leading force behind several of this year’s standout prestige sales, from landmark historical estates to contemporary innercity penthouses, with more high-profile listings expected this spring. Across Kay & Burton’s core metro markets of Bayside, Boroondara and Stonnington, we held 46 per cent of total sales above $10 million for the financial year ending in June—ahead of our nearest competitor at 27 per cent4
“Moving forward, we expect continued strength in the prestige market as demand for truly exceptional homes ramps up. Properties that can offer high-end buyers a combination of architectural uniqueness, privacy, and unrivalled location will continue to command top dollar from both domestic and international buyers,” Mr Savas said. “My prediction is the luxury sector of the market will continue to grow and the next 12 months will be stronger than the last.”
“we remain relatively affordable compared with other global cities, and we have some of the strongest long-term growth potential.”
—Jamie Mi
Total number of international buyer transactions in 2024 in highest three states.2
Global capital flows back to Australia
The appetite for luxury property is increasingly international. Melbourne’s relative value for money is proving a significant drawcard for overseas buyers—particularly with the Australian dollar holding below US$0.65 for much of 2025. Jamie Mi, Partner and Head of International at Kay & Burton, said the shift in activity over the past year has been dramatic.
“Between June 2024 and January 2025, the water in the tap was just dripping, not running. However, from late January to June this year, it felt like the tap was really flowing. Transaction numbers are healthy and the value of each transaction has increased,” she said.
$4.6bn
This spring, Ms Mi anticipates renewed waves of enquiry from China, Hong Kong, Singapore, the US, and Vietnam. Kay & Burton’s international desk has been touring the globe to meet with clients in key hubs, while demand for Melbourne property continues to dominate PropTrack’s Overseas Search rankings. Alongside the CBD, suburbs including Brighton, South Yarra, Camberwell, Toorak, Armadale, and Hawthorn rank in the top 20 for offshore interest, according to its latest report.
Although Foreign Investment Review Board approvals for residential purchases fell in 2024, Victoria still accounted for the highest share nationally, with 2240 transactions compared to 1121 in Queensland and 656 in New South Wales. In total, international buyers acquired $4.6 billion worth of Australian property last year.
Ms Mi said most overseas purchasers are active in the $8 million to $16 million range, seeking turnkey homes with high-quality modern finishes. “These are sophisticated purchasers who want completely renovated or near-new properties,” she said. “For land, demand
is mostly from Vietnamese buyers and local Asian or Australian buyers. We’re seeing a recovery in the building and construction industry, so we’re working closely with architects and our clients to secure the right opportunities.”
She noted that transactions are being completed more swiftly, even at the top end of the market.
“We’re seeing shorter settlements, even for homes up to $40 million, and a resurgence in the all-cash purchaser,” Ms Mi said. “If the Australian Government opens up immigration again, it will create another decade-long wave of demand in the top-end suburbs. Ultimately, we remain relatively affordable compared with other global cities, and we have some of the strongest long-term growth potential.” .
Total value of Australian property acquired by international buyers in 2024 calendar year.2
An uplifting tide in Stonnington
Fresh off the back of a recordbreaking financial year for prestige property, Stonnington has been the setting for some of the most significant sales in the country. At the ultra-prestige level, a finite supply of homes continues to drive competition and push values higher.
According to PropTrack, Stonnington’s median house price rose 4.2 per cent in the June quarter to $2.15 million, with 874 houses sold over the past 12 months. Days on market have dropped sharply—from 70 days in May 2024 to 48 in May 2025 —placing Stonnington among Melbourne’s fastestselling regions, according to Domain. In this competitive environment, Kay & Burton maintained a commanding presence, securing 40 per cent of the municipality’s $10 million-plus sales in the last financial year4
Nicole Gleeson Director
46 Canberra Road, Toorak Read more in recent success View property
Average days on market in Stonnington, 2024 vs. 2025.3
Nicole Gleeson, Director at Kay & Burton, says the combination of reduced days on market, stronger buyer confidence, and tightly held stock has created ideal conditions for wellprepared vendors.
“Buyers are academic in their values while sellers are buoyed by the uplift effect of interest rates coming down,” she explained. “Although purchasers are taking their time to make decisions in some cases, correctly priced homes are selling quickly and often attracting multiple strong offers. It’s the properties that are misaligned with market value that are taking longer to sell.”
As the new financial year kicked into gear, Kay & Burton Stonnington saw clear signs of an uplift, with enquiry numbers on the rise.
“Buyers are coming to the table with finance pre-approved or the confidence of a strong sale behind them, and that’s allowing them to move quickly when the right property comes along.”
Lifestyle remains a key driver in the prestige segment, particularly for family homes in South Yarra, Toorak and neighbouring suburbs in the $6 million to $12 million range.
“Families overwhelmingly want proximity to top schools and lifestyle amenities. Stonnington offers incredible diversity from suburb to suburb, so each property needs to be considered on its own merits,” Ms Gleeson noted. “In some areas, such as South Yarra, stock levels are very low, and that’s helping to underpin values.”
While some buyers are still choosing to sell before they purchase, Ms Gleeson said much of the work to secure strong results happens well before a property hits the market.
“Great results come from timing and preparation,” she said. “Our role is to guide clients at every stage of the process with transparency, personalised advice and market insight—because in an evolving market, trust is paramount.” .
Kay & Burton majority market share in Stonnington for properties sold above $10 million in FY25.4
10 Kyeamba Grove, Toorak Read more in recent success View property
50%
Prestige strength in a balanced market
Boroondara remains one of Melbourne’s most competitive prestige markets, with strong demand in the $4 million to $8 million bracket and continued activity at the ultra-prestige level. Kay & Burton Partner Tom Staughton said the top end was moving at its own pace, as buyers become more selective in sourcing the right property.
“In the $4 million to $8 million bracket, demand has been particularly strong,” he said. “Above that, the ultraprestige is a different segment—homes are still transacting, but buyers at this level tend to be more deliberate in their decision-making.”
Below $4 million, Mr Staughton noted interest rates and borrowing costs have had a greater impact, but anticipated momentum would continue building over spring. “With rates now on a downward track, we’ll likely see this part of the market pick up, especially as more stock comes to market,” he said.
Well-renovated family homes on blocks above 500 sqm remain among the most sought-after, particularly when located in coveted school zones. Cotality data shows homes around Balwyn High School and Canterbury Girls’ Secondary College command a 4.6 per cent premium over out-ofcatchment properties, with combined capital growth of 113.2 per cent over 15 years—outperforming the 108.2 per cent growth recorded outside these areas.
“If you’ve got a good-sized block in a popular location with a quality renovation, you can expect strong competition this spring,” Mr Staughton said. “Buyers are prepared to pay a premium for time and convenience, especially when the lifestyle and education boxes are all ticked.”
Tom Staughton Partner
Kay & Burton majority market share in Boroondara for properties sold above $10 million in FY25.4
“Buyers are prepared to pay a premium for time and convenience when the lifestyle and education boxes are all ticked.”
—Tom Staughton
PropTrack’s latest figures show Boroondara recorded 9.3 per cent growth in the three months to June, leading to a $2.5 million median sale price—making it the state’s most expensive municipality, ahead of Stonnington at $2.15 million. Houses spend an average of 40 days on market, closely aligned with Melbourne’s 36-day average, underscoring the area’s balanced yet competitive conditions.
“It’s not a runaway market, but it’s also not one where bargains are easy to find,” Mr Staughton said. “We’re in a healthy state of balance—vendors can
achieve strong results, and buyers have genuine opportunities to secure quality homes. As we move into October and November, increased stock levels will give purchasers the chance to secure their dream home and settle before the 2026 school year.”
Last financial year, Kay & Burton held 50 per cent of Boroondara’s $10 million-plus sales and 40 per cent above $7 million, compared to the nearest competitor at 18 per cent and 25 per cent, respectively4, resulting in unparalleled market reach. .
$2.5m
Median sale price in Boroondara; the state’s most expensive municipality.5
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73 Kooyongkoot Road, Hawthorn Read more in recent success
“With the traditional bolstering in stock for spring, there’s genuine potential for a meaningful uplift in the market.”
—Campbell Kilsby
Campbell Kilsby Senior Sales Consultant
Bayside’s premium appeal endures
Bayside closed the 2024/25 financial year with steady demand across its most sought-after pockets, as quality properties continued to attract interest from a broad mix of buyers. Kay & Burton Senior Sales Consultant Campbell Kilsby said confidence has held firm, with wellpositioned homes performing strongly despite broader economic and political uncertainty.
“When the fundamentals align— location, presentation, and pricing— properties are selling well,” he said.
With interest rates on a downward trajectory, Mr Kilsby expected listing volumes to continue to rise as vendors look to capitalise on improving sentiment. “Gains across the board are achievable, especially with Melbourne presenting strong value compared to other capital cities. With the traditional bolstering in stock for spring, there’s genuine potential for a meaningful uplift in the market.”
Family homes remain the most in-demand property type across Bayside, particularly in the $2 million to $5 million bracket, where buyers are focused on lifestyle, location, and long-term value. Highly sought-after homes are often within top school zones and close to amenities, beaches, and transport.
Meanwhile, the prestige sector remains a defining strength—evidenced by Brighton’s record being reset with the landmark sale of 16 Moule Avenue.
Compared with broader Victorian and national markets, Bayside continues to outperform. According to Cotality’s latest Pain & Gain Report, vendors in the municipality recorded a median profit of $608,000 in the March quarter of 2025—the highest across Victoria
and well above the national median of $305,000. Almost 90 per cent of sales in Bayside achieved a profit in this time period.
Unlike regional coastal markets, Bayside has been less impacted by the sell-off of secondary homes or holiday properties spurred by rising land tax.
“There’s more positivity and energy in the market compared to the same period last year, when many buyers were sitting on the sidelines,” Mr Kilsby noted. “This year, conversations are more forward-looking, and urgency is building around securing well-located, highquality homes.”
Kay & Burton held 60 per cent market share for Bayside properties over $10 million in the last financial year, with three agencies sharing the remaining 40 per cent4, underscoring our leadership at the top end of the market.
60%
Kay & Burton majority market share in Bayside for properties sold above $10 million in FY25.4
6 Seymour Grove, Brighton
Read more in recent success View property
“There’s a renewed desire to focus on what’s important in life.”
—Lorna Duffy
Peninsula warms ahead of summer
After a period of acclimatisation to land tax changes, the Mornington Peninsula market finished the financial year on a high, with a strong final quarter setting the tone for a more confident spring. Activity has warmed earlier than usual, with current conditions more reminiscent of the summer selling period.
Kay & Burton Senior Sales Consultant Lorna Duffy said renewed interest from discretionary purchasers was providing an uplift.
“People are already looking toward Christmas, school holidays, and the long summer break at the beach,” she said. “Our season traditionally begins after the AFL Grand Final weekend, so we tend to launch new listings from late September or early October to capture pre-Christmas and summer buyers, and we’re already seeing demand for summer stock.”
32.3%
In the 12 months to June, 2949 houses sold across the greater Peninsula LGA, according to PropTrack. While growth is no longer at the extraordinary rates seen during the pandemic, the Mornington Peninsula has still recorded 32.3 per cent growth in its median house price over the past five years—just below Victoria’s median of 37.6 per cent, representing a median increase of $262,201.
Ms Duffy said an increasing number of buyers were downsizing from Melbourne and making the Peninsula their primary residence.
“Proximity to the city and the enduring popularity of Portsea, Sorrento, Blairgowrie, and Rye as holiday destinations means the Peninsula has long been on many Melburnians’ wish lists,” she said. “There’s a renewed desire to focus on what’s important in life— spending time with family and friends in a relaxed environment that’s perfect for entertaining. Access to golf, sailing, swimming, coastal trails, wineries, and restaurants is also high on the agenda.”
Licensed Estate Agent Meg Pell agrees the market is turning a corner after last year’s period of adjustment.
“Predictions for spring are for positive results to continue, particularly with the prospect of further interest rate cuts,” she said. “There’s been more activity over winter than last year, perhaps spurred on by primary home buyers who are less influenced by seasonal patterns.”
Lorna Duffy Senior Sales Consultant
Growth in median sales price for houses over the past five years.5
Meg Pell Licensed Estate Agent
While land tax increases on secondary properties have tempered the weekender market, Ms Pell said all segments are currently experiencing more activity.
“Properties under $2 million continue to see the largest share of buyers, but the prestige sector remains aspirational,” she explains. “Although there are fewer weekender purchasers than in previous years, the Peninsula’s lifestyle appeal ensures both permanent and holiday home demand remains strong.” .
“There’s been more activity over winter than last year, perhaps spurred on by primary home buyers who are less influenced by seasonal patterns.”
—Meg Pell
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61 Bulldog Creek Road, Merricks North Read more in recent success
Leasing
A new chapter for Melbourne’s rental market
Melbourne’s prestige rental market has remained resilient, with demand for high-quality homes in excess of $1500 per week holding firm. According to Debbie Davut, Partner of Kay & Burton, renters at this level prioritise quality above all else.
“Spacious, well-appointed homes in blue-chip suburbs—often with three to four bedrooms, outdoor areas, and premium amenities—are leasing quickly when priced correctly,” she said. “Whether furnished or unfurnished, well-presented properties in the right locations are attracting strong interest and multiple applications.”
After a period of rapid growth in rental prices, Melbourne has entered a stabilisation period where increases are more measured. Despite this tempered phase, rents remain overall at record levels. Domain’s latest Rent Report
shows Melbourne’s median asking rent for apartments has climbed 4.5 per cent over the past year to $575 per week, while house rents have held steady at a median $580. The gap between houses and apartments has narrowed to just $5 per week—the closest since 2012— driven largely by broader-market renters shifting towards units amid rising costof-living pressures. Melbourne’s rental vacancy rate is just 1.3 per cent—below the 3 per cent benchmark for a balanced market, leaving conditions firmly in favour of rental providers.
Kay & Burton’s median weekly rent for the 2024/25 financial year remained higher than the Melbourne average, reflecting the calibre of properties we represent, and the demand they attract. While the prestige segment leads the way, strong activity is also being observed in the sub-$850 per week range— particularly for one- and two-bedroom homes—which continue to lease quickly and attract multiple applications, both furnished and unfurnished.
Debbie Davut Partner, Fully Furnished & Corporate
“well-presented properties in the right locations are attracting strong interest and multiple applications.”
—Debbie Davut
Melbourne’s top-end strength is also clear in a global context. Knight Frank’s Prime Global Rental Index Q1 2025 ranked the city seventh in the world for luxury rental growth (top 5 per cent of the market), with a 3.5 per cent annual rise and a 38.4 per cent increase since Q1 2021. Los Angeles led the rankings with a 7 per cent annual increase, followed by Hong Kong at 6.5 per cent, while Sydney placed 12th with 2.1 per cent growth.
Melbourne’s prestige segment has benefitted from supply constraints and growing demand from corporate relocations. “Spring and summer are when we see the bulk of global executives arrive in Melbourne,” Ms Davut noted. “Relocation agents often come to us first, confident in our ability to provide a curated selection of high-quality homes that suit their clients’ needs. This segment of the market provides rental providers an opportunity to lease their properties quickly, at strong rates, and often before the properties go to market.
4.5%
We are fortunate to have access to renters who typically maintain homes to a high standard, and we can negotiate flexible terms to suit both parties,” Ms Davut explained.
Looking ahead, anticipated interest rate cuts are likely to boost investor confidence, bringing more properties to market and deepening the rental pool—a positive sign for renters and owners. .
Increase in median rent for Melbourne apartments over the past year.3
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5 Roseberry Avenue, Brighton East Read more in recent success
Kay & Burton has always been a leader in the premium and luxury real estate markets. Since selling our first home in 1938, our success has been underpinned by the depth of knowledge, experience and relationships that we have formed within the market. We are proud to present some of our top results from the past five months. .
46 CANBERRA ROAD
46 Canberra Road, Toorak—sold
An international client—nurtured through a long-standing Kay & Burton relationship—flew to Melbourne with the intention of securing a premier residence. Over the course of one day, we curated and personally hosted private inspections of a select number of properties, culminating in the acquisition of this landmark Wayne Gillespie-designed home, reimagined by global architecture studio Hassell.
Set at the end of a leafy avenue just north of Toorak Village, the residence combined soaring volumes, refined American Oak detailing, and a seamless integration of light, landscape, and luxury living. The campaign’s impact was amplified through editorial—including a doublepage feature in Domain Prestige—and cinematic marketing that showcased the home’s luminous interiors, sculptural staircase, and north-facing connection to Winifred Reserve.
Sold May 2025, by Nick Kenyon, Jamie Mi and Ross Savas.
“This was a rare confluence of architectural heritage, global appeal, and location. Our ability to connect directly with high-calibre international buyers ensured the property was placed into the hands of a family who truly values its design legacy.”
—Nick Kenyon, selling agent
73 KOOYONGKOOT ROAD
Hawthorn—sold
Through a carefully orchestrated campaign, this Workroom Design masterpiece was positioned to showcase its architectural pedigree and meticulous craftsmanship. Originally conceived as the owners’ forever home, a change in circumstances created an extraordinary opportunity to secure a residence of exceptional luxury. Every design decision, detail, and finish was executed to the highest standard, from the dual Wolf and Sub-Zero kitchens to the gold-class cinema, steam room, and six-car basement— elements that set it far apart from conventional new builds.
The campaign combined highly targeted digital content and extensive social media traction, drawing 173 qualified groups to inspect. Located in Scotch Hill and framed by Ben Scottdesigned gardens, the residence’s interplay of Venetian stucco walls, a domed skylight above the reception, and expanses of north-facing glass offered a compelling lifestyle proposition. Ultimately, it was secured by a family upgrading from Glen Waverley, drawn to its rare fusion of design thinking, liveability, and luxury.
Sold May 2025, by Scott Patterson, Ross Savas and Jamie Mi.
73 Kooyongkoot Road
View property film
“This was not a standard build—it was a highly personal vision executed to an exceptional standard. Buyers recognised the significance of the design thinking, the calibre of finishes, and the enduring lifestyle it offered.”
—Scott
Patterson, selling agent.
6 Seymour Grove
6 Seymour Grove Brighton—sold
This landmark Brighton residence was introduced to the eventual purchaser ahead of its public release, ensuring they experienced the home in a private, considered setting. The subsequent campaign— with its striking photography and strong editorial coverage—only reinforced its appeal, capturing widespread attention and confirming the home’s position as a significant Bayside offering.
A masterful Fiona Austin reimagination of a c1908 Brighton estate, the home was shortlisted for the Australian Interior Design Awards following its 2020 reimagination. Set on 1184 sqm* with Jhodie Goydesigned gardens, the property blended Cape Dutch and Edwardian influences with a richly layered interior palette, Titanium Granite kitchens appointed with Wolf and Sub-Zero appliances, and multiple living domains flowing to palmframed gardens. Every detail reflected a commitment to enduring quality, from Cote d’Azur marble surfaces to custom joinery and state-of-theart amenities.
The sale was a testament to the strength of Kay & Burton’s network and the precision of a targeted campaign—qualifying buyers, generating significant enquiry, and securing the right custodian for this truly unique Brighton icon.
Sold May 2025, by Alex Schiavo, James Driver and Shantelle Francis.
“This was about timing, trust, and presentation. By engaging with the right buyer within our database early and then amplifying the home’s architectural and lifestyle appeal through a considered campaign, we were able to secure an exceptional outcome for a truly remarkable property.”
—Alex Schiavo, selling agent
A reputation built on results
01. 25 Barry Street, Kew
Securing an extraordinary result one week prior to officially launching to market, this landmark Studley Park residence was sold offmarket. Our strong relationship with a trusted buyers’ advocate enabled the introduction of the perfect purchaser—a young family who had been searching for over a year. With a $15–$16.5 million price guide, the property’s rarity prompted decisive action before it reached the public. Set on 1800 sqm* of Paul Bangay–designed gardens, the fully renovated Victorian mansion features a triple basement garage, home cinema, and poolside gym. Sold by Scott Patterson and Garrick Lim.
02. 61 Bulldog Creek Road, Merricks North
Set across 47 acres* in one of the Mornington Peninsula’s most coveted rural enclaves, this exceptional property combined architectural charm with significant
ecological value. Surrounded by remnant bushland and home to more than 70 bird species, it offered a rare balance of natural beauty, privacy, and lifestyle amenity. A targeted campaign amplified by significant media coverage in the Herald Sun and Domain highlighted its one-of-a-kind attributes, ultimately connecting with a country-based family seeking a permanent Peninsula lifestyle. Sold by Meg Pell and Tom Barr Smith.
03. 16 Moule Avenue, Brighton
A new benchmark for Brighton, ‘Teychel’ drew significant interest both locally and internationally, culminating in multiple offers from across the globe. Spanning 4500 sqm* in the prestigious Golden Mile, it is one of only a select few estates to extend from street to shoreline— complete with private beach access, a boatshed, tennis court, and pool. In its 100-year history, the sale marks only the third owner, preserving its rare combination of scale, privacy, and privilege. The campaign generated exceptional exposure, cementing its status as a once-in-a-generation opportunity. Sold by Ross Savas, Alex Schiavo and Jamie Mi.
04. 4 Elgin Avenue, Armadale
The expressions of interest campaign drew over 70 groups through this beautifully renovated double-fronted Victorian, highlighting sustained demand for quality family homes in the area within a $3–$6 million range. Our approach brought together a specialist team to maximise market reach and align with the vendors’ expectations, resulting in a successful sale to a local family upsizing from Prahran. The home’s blend of period elegance and modern luxury resonated strongly with buyers seeking turnkey family living in a quiet location. Sold by Oliver Booth, Gowan Stubbings and Ada Taylor.
05. 74 St Georges Road, Toorak (leased)
Successfully leased off-market at $2500 per week to a family seeking a short-term executive lease while their own home underwent renovations. This result was achieved through targeted outreach to our network, avoiding the need for public advertising while securing excellent terms. Occupying the entire ground floor of a boutique low-rise building, the apartment offered grand proportions, landscaped gardens, and elegant formal and informal living zones. Leased by Evelyne Surja.
06. 38 Illawarra Road, Hawthorn
Showcasing exceptional craftsmanship and contemporary design, this Scotch Hill residence achieved $9.125 million after attracting significant attention from local family buyers. With approximately 80 groups inspecting, interest was driven by the property’s premium finishes, rooftop terrace with panoramic views, and the quality of the build—positioning it as one of the most compelling new homes in the area. Sold by Walter Dodich and Ericka Wong.
07. 5 Roseberry Avenue, Brighton East (leased)
A proactive leasing strategy enabled us to secure the owner’s ideal rental price before settlement had occurred on the property, which they had recently purchased. By negotiating three inspections during the pre-settlement period, completing minimum standards checks, and launching an open prior to settlement, we achieved a seamless transition— with new renters moving in just four days after settlement. The home’s family friendly design, recently renovated kitchen, and enviable location near leading schools and Bay Street ensured strong appeal. Leased by Megan Taylor.
08. 7307/7 Riverside Quay, Southbank
This off-market sale at Eureka Tower was a testament to the power of long-term relationships. The eventual buyer had inspected the apartment five years earlier and, when circumstances aligned this year, we reconnected with the vendor to turn the buyer’s aspiration into reality. Negotiations over the course of a month secured a premium outcome for both parties. Boasting 340-degree views from the 73rd floor, bespoke interiors and two winter gardens, the property epitomises Melbourne’s luxury apartment offering. Sold by Tim Blackett.
09. 10 Kyeamba Grove, Toorak
A considered campaign, amplified through our international network, culminated in a sale to an overseas family relocating to Melbourne. Once an offer was received, negotiations were finalised within 24 hours—demonstrating the precision and pace with which we operate when the right buyer is engaged. Editorial coverage, targeted database outreach, and strategic positioning ensured the home’s prestige was communicated to the most relevant audience. The result was a seamless transaction ahead of the expressions of interest deadline. Sold by Rae Mano, Jamie Mi and Ross Savas.
10. 90 Kooyong Road, Armadale
Engaging Kay & Burton marked a turning point in the campaign for this exceptional Armadale residence. The substantial sixbedroom contemporary home, set on an expansive corner allotment, offered multiple living zones, a heated pool, and refined finishes throughout. Relaunched under our guidance, it was sold sight unseen to an international buyer via WeChat. Leveraging our global reach and negotiation expertise, we secured a strong result despite seasonal timing—reinforcing the depth of Kay & Burton’s network and our ability to connect with buyers wherever they are. Sold by Sophie Su and Grant Samuel.
11. 14 Winifred Grove, Blairgowrie
A unique architectural creation— shaped by the owners’ artistry and craftsmanship—drew widespread interest, particularly from locals fascinated by its ambitious hillside construction and intricate detailing. The home’s striking use of recycled materials, bespoke joinery, and handcrafted finishes created a residence that felt both grounded in place and rich in character. These qualities were positioned at the forefront of the campaign, supported by high-quality photography and editorial storytelling to capture its individuality. The eventual buyer, a medical professional, was captivated by the authenticity of the design, the warmth of the interiors, and the connection to the landscape. Sold by Lorna Duffy and Liz Jensen.
12. 36 Stanley Grove, Canterbury
A meticulously planned auction campaign delivered five active bidders and a final sale price of almost $6.2 million—an impressive uplift from its $4.56 million sale just five years prior. This Frank Lloyd Wrightinspired masterpiece, with its striking architectural lines, soaring ceilings, and resort-style amenities, appealed to a broad buyer pool. Families were drawn to its multiple living zones and poolside entertaining, while architectural enthusiasts valued its design pedigree. Strategic marketing reached both local and international audiences, ensuring strong competition on the day and driving an exceptional result. Sold by Sophie Su, Allan Fang and Jimmy Liu.
13. 4 Connor Street, Brighton East
Conducted entirely via private appointments, this sale achieved the third-highest price ever recorded in Brighton East. Our established relationship with the eventual purchasers, who relocated from Middle Park, ensured a smooth transaction within four weeks on market. The Davidov Architectsdesigned residence set a new benchmark for contemporary luxury in the suburb. Sold by Matthew Pillios and Lindsay King.
14. 24–26 Mayfield Avenue, Malvern
A multi-channel strategy combining print, online, and social media marketing drew a balanced mix of local and overseas buyers to this architect-designed residence. Interest was particularly strong from families seeking proximity to parks and schools, with the eventual purchasers captivated by the home’s northern orientation, expansive landholding, and scope for enhancement. The result reflected both the desirability of the location and the effectiveness of a campaign tailored to highlight the property’s unique attributes. Sold by Darren Lewenberg, Ross Savas and Jamie Mi.
15. 10 Power Avenue, Toorak (leased)
Leased for $3000 per week through an off-market campaign that capitalised on our trusted relationships with relocation agents. This strategy allowed us to connect with the right audience directly, securing a premium result without public advertising. The home’s northern orientation, spacious living areas, and exceptional quality, paired with its prime position close to Kooyong Village, private schools, and transport, made it an ideal choice for executive townhouse living. Leased by Hudson Keppell.
Stonnington +61 3 9820 1111
Level 7, 505 Toorak Road, Toorak
Bayside
+61 3 9592 6522
9 Male Street, Brighton
Red Hill +61 3 5989 1000 159 Shoreham Road, Red Hill South
Sorrento +61 3 5984 4744
106 Ocean Beach Road, Sorrento
Boroondara +61 3 8862 8001
553 Glenferrie Road, Hawthorn
Flinders +61 3 5989 1000
47A Cook Street, Flinders
Portsea +61 3 5984 4744
3741 Point Nepean Road, Portsea
This document has been provided for general information only and must not be relied upon in any way. Please contact the listing agent(s) for the most up-to-date information relating to the properties within this document.
All land sizes and measurements are approximate.
Cotality data
7news.com.au domain.com.au
Data sourced from realestate.com.au sold listings and Kay & Burton CRM
PropTrack data
Knight Frank Prime Global Rental Index theage.com.au
