MARKET UPDATE REPORT
BOROONDARA
BOROONDARA MARKET REVIEW WITH ERIC LIM
and reliable sales outcomes. Auctions remain the dominant method of sale, particularly in Hawthorn and its surrounding pockets, 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. Boroondara’s combination of heritage charm, established amenities, and schooling continues to position it as one of Melbourne’s most desirable residential enclaves.
PROPERTY
10 BOWEN STREET KEW
A 4 B 3 C 3 E 697 approx.
Sold for an Exceptional Price
A brand new architectural masterpiece in the heart of Kew’s tightly-held private school precinct, this bold, four bedroom residence has been carefully curated to the highest of standards whilst delivering a lifestyle of endless sunny summers spent entertaining in the alfresco area beside its heated in-ground swimming pool.
HIGHLIGHT PROPERT Y HIGHLIGHT
14A MADDEN GROVE
A 5 B 3 C 4 E 1150 approx.
Sold for an Exceptional Price
A landmark family holding in one of Kew’s most esteemed Yarra Bend streets – set on a remarkable allotment of 1150 square metres (approx.) with two natural driveways set into a staggering 28 metre street frontage - this five bedroom, three bathroom and two powder room Art Deco residence reveals a breath-taking renovation undertaken by Ken Charles of Centrum Architects.
