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FEATURE PROPERTY
17 COOLULLAH AVENUE, SOUTH YARRA
A3 B2 C1
STONNINGTON MARKET REVIEW WITH DEAN GILBERT Online listing volumes eased across Stonnington this quarter, though this masked a healthy level of off-market activity, with vendors biding their time and waiting for greater confidence before committing to a public campaign. This drove a noticeable increase in off-market transactions. Where homes were priced correctly, competition remained strong. Multiple properties sold prior to auction this quarter, each attracting several bidders, showing how critical accurate pricing is from the outset. Well-priced homes increasingly sold ahead of their intended campaign timeline, with buyers moving quickly to secure properties that met their criteria amidst reduced online stock. Owner-occupiers, rather than investors, drove activity this quarter, with vendors typically motivated by lifestyle change, deceased estates, or upgrading, while conditions remained favourable. Turnkey homes near amenities remain popular, though buyers continue to scrutinise design and floorplan closely alongside build quality. Much of the market is expected to wait on the sidelines until after the November election, with sentiment likely to shift in its wake.
DEAN GILBERT 0418 994 939 dean.gilbert@marshallwhite.com.au
STONNINGTON JULY - SEPTEMBER Total Number of Sales
Average Sales Price
Marshall White
78
51
All Agencies*
Marshall White*
$2,111,324
$2,662,980
All Agencies*
Marshall White*
$9,750,000
$135,812,000
Highest Selling Price*
Total Sales Price Combined*
^ Financial year quarters shown*Source: Marshall White, Property Data Online for sales over $1m VIC Govt. Dept. Families, Fairness and Housing
PROPERTY HIGHLIGHT 9 CLARKE STREET PRAHRAN
A 5
B 2
C 1
PROPERTY HIGHLIGHT 17 COOLULLAH AVENUE SOUTH YARRA
A 3
B 2
C 1
UNRIVALLED RESULTS
PENTHOUSE, 646 MALVERN ROAD PRAHRAN
9 HAWKSBURN ROAD SOUTH YARRA
7 WILKS AVENUE MALVERN
A3 B2 C2
A 4 B 2 C 3 E 638 approx.
A 5 B 5 C 3 E 836 approx.
15 TURNBULL AVENUE TOORAK
14 LAMBETH PLACE ST KILDA
90 ST GEORGES ROAD TOORAK
A 4 B 3 C 2 E 675 approx.
A 4 B 2 C 1 E 271 approx.
A 5 B 3 C 6 E 1020 approx.
55 BARKLY AVENUE ARMADALE
9 CLARKE STREET PRAHRAN
7 JOY STREET SOUTH YARRA
A 2 B 2 C 2 E 447 approx.
A5 B2 C1
A3 B2 C2
REQUEST AN APPRAISAL
You may be interested to know what your home is worth in the current market and I would be delighted to assist you with this complimentary service. To experience the Marshall White difference please contact DEAN GILBERT 0418 994 939 dean.gilbert@marshallwhite.com.au or visit marshallwhite.com.au