FEATURE PROPERTY
PORT PHILLIP MARKET REVIEW WITH TEAM MANOLITSAS
Auction continues to be the dominant and most effective method of sale across Port Phillip, with a clearance rate of 84 per cent reinforcing buyer confidence and the competitive nature of the market. Off-market transactions have also become more prevalent, with roughly one in five Marshall White sales now negotiated through our database. The supply of premium A-grade homes is tightly constrained, particularly across the most soughtafter pockets in the municipality.
Demand has held steady, driven predominantly by owneroccupiers seeking high-quality homes in established, blue-chip locations. Buyers continue to place a premium on lifestyle amenities, with clear preference for properties offering convenient access to cafes, restaurants, parks, public transport and leading schools. This imbalance between limited supply and consistent demand continues to support value, particularly for well-located homes that combine genuine lifestyle appeal with long-term scarcity.
PHILLIP APRIL - JUNE 150 61 $1,982,491 $2,449,943 $7,710,000 $149,446,500
PR O PERTY HIGHLIGHT
34 CANTERBURY ROAD
MIDDLE PARK
A 3 B 3 C 2
Sold Off-Market
COMMUNITY
ALBERT PARK COLLEGE
Works are underway on the new Victorian Youth Arts Precinct at Gasworks Arts Park, an exciting development for Albert Park College and one I am proud to support as an ongoing sponsor.
34 Canterbury Road, Middle Park sold entirely off-market, under competitive conditions, for $5,350,000. Delivering our vendor an outstanding result with zero advertising costs and zero public open inspections. Crafted by renowned Australian luxury builder W Build, this was without question one of the finest renovations to have been offered across Middle Park and Albert Park.
LIFESTYLE
O'CONNELL'S CENTENARY HOTEL
O'Connell's is back. A pub that has been on the corner of Montague and Coventry since 1873, reopened under new ownership, after a major renovation, and it is better than ever.
