PORT PHILLIP
Q2 2025
PORT PHILLIP MARKET REVIEW WITH BEN MANOLITSAS
Albert Park continues to show strong market activity, alongside increasing demand for off-market opportunities. Many vendors, particularly downsizers, are choosing to test the waters quietly before launching full campaigns, leveraging Marshall White’s extensive buyer database. This discreet approach has resonated well, particularly amongst those seeking a more tailored selling experience.
We are also seeing significant buyer movement from neighbouring municipalities like Stonnington and Boroondara, reinforcing the area’s appeal to established homeowners looking for lifestyle and location. Demand spans all price points, and auctions remain the preferred method of sale. Many properties are transacting prior to or under auction conditions with competitive bidding and strong results.
Interestingly, there has also been a shortage of online listings, which has intensified buyer activity in the pre-market space. This has driven increased engagement from out-of-area and interstate buyers, often pushing prices beyond expectations. Looking ahead, market conditions remain healthy, with an anticipated rise in stock levels from August to September. With buyer behaviour stable and interest from premium catchments continuing, the outlook for the second half of 2025 is strong.
NOTABLE RECENT CAMPAIGN
123 SAMPLE STREET
73 ST VINCENT PLACE SOUTH
SUBURB
ALBERT PARK
A 0 B 0 C 0 F 0 E 0,000 approx
A 4 B 3 C 2 E 477 approx.
Sold for $0,000,000
Sold Off-Market
CAMPAIGN INFORMATION
Price Guide Circa $15,000,000 Method of Sale Off-Market Sale
Marketing Schedule
73 St Vincent Place South set a new sale price record for St Vincent Place. Notably, 73 St Vincent Place South was sold offmarket through a discreet and confidential negotiation, without the need for any advertising or marketing expenses.
COMMUNITY
CIVIC KINDERGARTEN
Proud to once again support Civic Kindergarten as a continuing sponsor, a valued partnership that highlights the importance of nurturing community connections.
LIFESTYLE
MIDDLE PARK EUROPEAN
With a European-inspired menu, warm interiors and an atmosphere that already feels distinctly local, it’s a refreshing and exciting offering for the area.
