MARKET UPDATE REPORT
BOROONDARA
FEATURE PROP ERTY
BOROONDARA MARKET REVIEW WITH DANIEL BRADD
Demand across Boroondara remains resilient with A-grade family homes in tightly held, blue-chip pockets continuing to attract the strongest engagement. Whist buyers are operating with more considered budgets following the recent rate rise, the adjustment has been largely absorbed and decision-making remains disciplined rather than delayed with well-informed buyers prepared to act decisively when value is evident.
Quality continues to be the key differentiator with renovated period homes and well-executed contemporary residences offering functional floorplans, natural light and genuine indooroutdoor living generating the highest levels of enquiry, particularly where proximity to leading schools, transport and lifestyle amenity align.
We have also seen a noticeable uplift in investor activity across this quarter, underpinned by strengthening rental conditions and Melbourne’s relative value compared to Sydney and Brisbane. This cohort is becoming increasingly competitive, particularly in the sub-$2.5m segment. For vendors, the evidence is clear - campaigns that are strategically structured and priced in line with current market conditions from day one are achieving the most competitive outcomes and early momentum remains critical in driving depth of buyer engagement. Looking ahead, the market appears well-balanced and should continue to deliver consistent, reliable results for homes that present well, are well-located and align with the lifestyle priorities of today’s buyer.
$2,425,014 $2,636,056 $10,500,000 $387,500,288
PROPERTY HIGHLIGHT
20 COCHRAN AVENUE
CAMBERWELL
A 6 B 4 C 2 E 836 approx.
Sold in excess of $4,700,000
42 PLEASANT ROAD
HAWTHORN EAST
A 5 B 3 C 2 E 641 approx.
Sold in excess of $4,150,000
Situated in a beautiful tree-lined street in the prestigious Sunnyside Estate, this stunning contemporary family residence is defined by timeless elegance and luxury throughout its expansive proportions. Catering at an elite level for living and entertaining with either small family gatherings or larger milestone events.
Step inside and be instantly impressed by this immaculately presented, superbly renovated and extended family home. From its classic Californian façade, surrounded by easy care landscaped gardens to a brilliant rear covered deck with an exceptional indoor/outdoor entertaining area providing amenities which are second to none and delivering a very desirable lifestyle opportunity in an ultra-convenient location.
