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Justin Long Stonnington Market Update Report

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Q3 2026

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FEATURE PROPERTY

21-23 WILKS AVENUE, MALVERN

A 5 B 3 C 4 E 1375 approx.


STONNINGTON MARKET REVIEW WITH JUSTIN LONG Online listing volumes eased across Stonnington this quarter, though this masked a healthy level of off-market activity, with vendors biding their time and waiting for greater confidence before committing to a public campaign. This drove a noticeable increase in off-market transactions. Where homes were priced correctly, competition remained strong. Multiple properties sold prior to auction this quarter, each attracting several bidders, showing how critical accurate pricing is from the outset. Well-priced homes increasingly sold ahead of their intended campaign timeline, with buyers moving quickly to secure properties that met their criteria amidst reduced online stock. Owner-occupiers, rather than investors, drove activity this quarter, with vendors typically motivated by lifestyle change, deceased estates, or upgrading, while conditions remained favourable. Turnkey homes near amenities remain popular, though buyers continue to scrutinise design and floorplan closely alongside build quality. Much of the market is expected to wait on the sidelines until after the November election, with sentiment likely to shift in its wake.

JUSTIN LONG 0418 537 973 jl@marshallwhite.com.au

STONNINGTON JULY - SEPTEMBER Total Number of Sales

Average Sales Price

Marshall White

147

55

All Agencies*

Marshall White*

$2,128,816

$2,667,127

All Agencies*

Marshall White*

$9,750,000

$146,692,000

Highest Selling Price*

Total Sales Price Combined*

^ Financial year quarters shown*Source: Marshall White, Property Data Online for sales over $1m VIC Govt. Dept. Families, Fairness and Housing


PROPERTY HIGHLIGHT 22 DOUGLAS STREET TOORAK

A 5

B 6

C 7

E 832 approx.

PROPERTY HIGHLIGHT 2/17 SORRETT AVENUE MALVERN

A 2

B 1

C 2

Defined by the peerless quality and meticulous eye of Royale Constructions and Christopher Doyle, this exquisite residence is a bespoke expression of inspired design and unwavering luxury, discreetly positioned steps from Toorak Village.

In an exclusive gated enclave designed by renowned architect Graeme Gunn, and later renovated under the supervision of acclaimed architect Daryl Jackson, this brilliantly refurbished c1966 residence combines all the hallmarks of mid-century design with the finest in 21st century style.


UNRIVALLED RESULTS

88 GRANGE ROAD TOORAK

22 DOUGLAS STREET TOORAK

12 SELBORNE ROAD TOORAK

A 6 B 7 C 4 E 1115 approx.

A 5 B 6 C 7 E 832 approx.

A 4 B 2 C 2 E 727 approx.

21-23 WILKS AVENUE MALVERN

7 WILKS AVENUE MALVERN

22 KENT COURT TOORAK

A 5 B 3 C 4 E 1375 approx.

A 5 B 5 C 3 E 836 approx.

A 6 B 6 C 7 E 1255 approx.

39 MCKINLEY AVENUE MALVERN

2/17 SORRETT AVENUE MALVERN

3A HUME STREET ARMADALE

A5 B3 C3

A2 B1 C2

A4 B2 C2

REQUEST AN APPRAISAL

You may be interested to know what your home is worth in the current market and I would be delighted to assist you with this complimentary service. To experience the Marshall White difference please contact JUSTIN LONG 0418 537 973 jl@marshallwhite.com.au or visit marshallwhite.com.au


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