STONNINGTON MARKET REVIEW WITH JOSEPH BEN-DANAN
Stonnington’s market remains balanced and active, with both auction and expressions of interest campaigns equally popular. Auctions continue to perform strongly in high-demand pockets, while EOI campaigns are proving effective for more unique or tightly held properties. This dual strategy has given vendors flexibility while keeping buyers engaged.
Turnkey family homes are the standout performers. Buyers are willing to act quickly when properties are well-priced and presentation-ready, especially in lifestyle-rich locations close to schools, transport, and village shopping. There has been no dramatic market shift, but the recent interest rate cut has helped reinforce buyer confidence, though many had already priced this into their decisions.
We are seeing a broad demographic across the market - from first-home buyers to downsizers and families upgrading within the area. There is a noticeable hesitation towards homes requiring significant renovations, as many buyers prefer to avoid time-consuming projects and additional costs. While the pace of growth may remain modest, the fundamentals across Stonnington are sound. We expect steady demand through the rest of 2025, particularly for well-located homes with thoughtful floor plans, outdoor space, and minimal work required.
joseph.bendanan@marshallwhite.com.au
$2,590,073
$3,382,944 $16,800,000 $436,399,833
JOSEPH
PROPERTY HIGHLIGHT
1/5 MOORAKYNE AVENUE
MALVERN
A 3 B 1 C 2
Sold in excess of $1,500,000
PROPERT Y HIGHLIGHT
4/20 BELMONT AVENUE
GLEN IRIS
A 3 B 2 C 2
Sold in the vicinity of $1,750,000
Spacious and renovated, this ground-floor three-bedroom apartment blends 1930s charm with timeless updates, overlooking lush communal gardens. Features include a traditional kitchen, dining, separate lounge with gas log fireplace, polished hardwood floors, built-in robes, split system heating/cooling, a lock-up garage and extra OSP.
This double-storey family home offers three bedrooms, two offices, two bathrooms and seamless alfresco flow to an entertainers’ deck beneath a striking Ornamental Pear. Includes a Bosch-appointed Carrara marble kitchen, openplan living/dining, separate lounge, upstairs retreat, rear carport, great storage, ducted heating, air con, split system and EV charger.
