Desiree Wakim Market Update Report

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MARKET UPDATE REPORT

Q2 2025

BOROONDARA MARKET REVIEW WITH DéSIRéE WAKIM

DéSIRéE

Boroondara continues to perform consistently, supported by strong buyer interest and reliable sales outcomes. Auctions remain the dominant method of sale, where competition has remained steady and clearance rates have held firm. Buyers appreciate the transparency and momentum auctions bring, especially for homes with broad appeal.

Well-renovated period homes and townhouses are leading the market, attracting both upsizers and downsizers looking for lifestyle and location without the need for immediate upgrades. Buyers are seeking walkability to schools, village precincts, parks, and public transport, making proximity a key selling factor.

We are seeing a healthy mix of buyers in the market, including professionals, young families, and retirees, many of whom are drawn to the area’s highly regarded schools and community atmosphere. As interest rate reductions begin to ease cost-ofliving pressures, buyer confidence is rebuilding. The outlook for the second half of 2025 is optimistic, with quality listings expected to attract multiple bidders and strong sale prices.

and retirees, many whom are

Boroondara’s combination of heritage charm, established amenities, and schooling continues to position it as one of Melbourne’s most desirable residential enclaves.

PROPERTY HIGHLIGHT

22 OXFORD STREET CAMBERWELL

A 4 B 5 C 2 E 760 approx.

Sold in excess of $4,100,000

PROPERT Y HIGHLIGHT

17 HARTWELL HILL ROAD

CAMBERWELL

A 4 B 2 C 2 E 995 approx.

Sold in excess of $4,300,000

A scintillating example of contemporary architecture built by award-winning builder Thomas Archer Homes, this stunning new residence’s brilliantly curated and meticulously constructed dimensions celebrate luxury, style and family functionality in equal measure.

Spectacular in scale and contemporary refinement, this brilliantly renovated brick residence is luxuriously appointed, intelligently zoned and establishes a benchmark in style, comfort and family functionality.

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