MARKET UPDATE REPORT
GLEN IRIS & ASHBURTON
GLEN IRIS & ASHBURTON MARKET REVIEW WITH JASON BRINKWORTH
Glen Iris & Ashburton 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, modern family 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. Glen Iris & Ashburton’s combination of heritage charm, established amenities, and schooling continues to position it as one of Melbourne’s most desirable residential enclaves.
PROPERTY HIGHLIGHT
13 CLONARG STREET
GLEN IRIS
A 5 B 5 C 2 E 650 approx.
Sold
PROPERT Y HIGHLIGHT
11 HAZELDINE ROAD
GLEN IRIS
A 4 B 2 C 2 E 675 approx.
Sold
Inspired by classic European architecture, this magnificent brand new 60 square approx. 5-bedroom/5-ensuite residence is a glorious celebration of grandeur, elegance and luxury.
A picturesque façade and garden and pool setting frame this c1920s residence, where expansive proportions create exceptional family liveability near Ferndale Park, Glen Iris Primary and Ashburton Village.
