STONNINGTON MARKET REVIEW WITH BEN BONGIORNO
Stonnington’s market remains balanced and active, with both auction and expressions of interest campaigns equally popular. Auctions continue to perform strongly in high-demand pockets, while EOI campaigns are proving effective for more unique or tightly held properties. This dual strategy has given vendors flexibility while keeping buyers engaged.
Turnkey family homes are the standout performers. Buyers are willing to act quickly when properties are well-priced and presentation-ready, especially in lifestyle-rich locations close to schools, transport, and village shopping. There has been no dramatic market shift, but the recent interest rate cut has helped reinforce buyer confidence, though many had already priced this into their decisions.
We are seeing a broad demographic across the market - from first-home buyers to downsizers and families upgrading within the area. There is a noticeable hesitation towards homes requiring significant renovations, as many buyers prefer to avoid time-consuming projects and additional costs. While the pace of growth may remain modest, the fundamentals across Stonnington are sound. We expect steady demand through the rest of 2025, particularly for well-located homes with thoughtful floor plans, outdoor space, and minimal work required.
$2,590,073 $3,382,944 $16,800,000 $436,399,833
A 4 B 2 C 2 E 448 approx.
“Hazelwell” c1854 - A rare double-fronted Victorian home between Fitzroy Gardens and Darling Square, offering refined family living with period charm, spacious gardens, and modern amenities. Set in a prestigious East Melbourne location, it features four bedrooms, elegant open-plan living, and a private courtyard, all just moments from the CBD and parklands.
This elegant Victorian residence near Yarra Park and the MCG blends historic charm with modern luxury, featuring spacious living, premium finishes, and private outdoor spaces. Enjoy the ultimate city-edge lifestyle just steps from Melbourne’s top attractions.
