MARKET UPDATE REPORT
BOROONDARA
BOROONDARA MARKET REVIEW WITH DAVIDE LETTIERI
The Boroondara market remains closely tied to its reputation for excellent schools and lifestyle amenities, and auctions continue to be the dominant method of sale. Family homes in blue-chip school zones remain the most sought-after, while turnkey single-level residences are also attracting strong interest from downsizers seeking convenience and quality. Larger units and townhouses have seen an increase in enquiries, driven by affordability and lifestyle factors.
Buyer sentiment has improved following the August rate cut, and the consistently strong rental market has also brought investors back into the mix. While the volume of listings remains lower than last year, properties that are well-priced and wellpresented are selling strongly, highlighting the importance of presentation and tailored campaigns.
Looking forward, the spring market is set to be busy, with strong competition expected for A-grade homes. As values continue to climb this year, steady price growth is anticipated, especially in the family and downsizer markets. JULY - SEPTEMBER 2025
PROPERTY HIGHLIGHT
37 NORTHCOTE AVENUE BALWYN
A 6 B 3 C 3 E 949 approx.
sold in excess of $3,300,000
PROPERT Y HIGHLIGHT
62 HARTWOOD STREET
A 3 B 2 C 2
sold in excess of $1,480,000
Impressively set within a substantial 949sqm approx. westfacing allotment, these three 2-bedroom residences represent an outstanding opportunity as a blue-chip investment or as the site for a new luxury home or development (STCA). Built in the 1960’s, each of the three single level residence’s are comfortably presented and bathed in northern light through living rooms, pristine kitchens and refurbished bathrooms.
Impeccably presented, generously proportioned and timeless, this 3-bedroom residence’s impressive single level dimensions deliver an enviable low maintenance lifestyle appeal. Bathed in natural light, the expansive living/dining room and modern European kitchen extend out to a private decked courtyard. The main bedroom with built in robes and ensuite is matched by two additional double bedrooms and a pristine bathroom.
