STONNNINGTON MARKET REVIEW
Both auction and expressions of interest are in regular use across Stonnington, with expressions of interest increasingly favoured by many agents at this point in the cycle. Pricing discipline continues to be the single greatest determinant of outcome: homes brought to market in line with genuine value are selling, while those positioned ahead of the market face a far more protracted campaign. There is no particular style or price bracket leading demand; rather, it is accurate pricing that separates a strong result from a stalled campaign.
Turnkey homes close to amenities are perennially popular, though buyers are discerning, weighing not only the quality of a build or renovation but also the design and floorplan on offer. Activity on the buyer side is led by owner-occupiers rather than investors, while vendors are typically motivated by a clear driver beyond price alone, including lifestyle change, deceased estates and families upgrading while conditions favour the move. Many on both sides are expected to wait for greater certainty following the November election before committing, with sentiment likely to respond once the outcome becomes clear.
$2,451,833 $2,846,940 $13,425,000 $193,591,913
PRO PERTY HIGHLIGHT
76 SUTHERLAND ROAD ARMADALE
A 4 B 2 C 1
PRO PERTY HIGHLIGHT
27 CENTRAL PARK ROAD MALVERN EAST
A 4 B 2 C 2 E 736 approx.
Masterfully transformed into plans by world renowned architect Gary Catt, with architectural interiors by Serafina Catt-Smart of Catt Interiors, this magnificent c1888 Victorian terrace - one of only four forming “Londesborough Terrace” - delivers the ultimate in family-entertaining luxury.
"Carinya" - Beyond the unforgettable exterior profile of this magnificent c1906 Federation residence, a spectacular renovation by Studiofour architects has excelled in blending original period elements with the very latest in designer style and luxury.
