Market Update R eport
Boroondara
Feature Property
Madden Grove, Kew
Boroondara with Lawrence Zhu
Zhu 0411 450 158 lawrence.zhu@marshallwhite.com.au
From January to March, auctions remained the most efficient and transparent sales method, particularly among international buyers, delivering strong results and eliminating cooling-off periods. Move-inready homes continued to be highly sought after, while a shortage of single-level properties created challenges for downsizers looking for convenient, low-maintenance living.
For buyers planning to build, factors such as land size, frontage, aspect, and location played a crucial role in decision-making. As buyers took a more considered approach in the early stages of bidding, increased market education became essential in building confidence and encouraging decisive action.
School zones, transport, and amenities remained key priorities, with an increasing number of city-based buyers seeking larger family homes in well-connected areas. Demand for spacious properties continued to grow, reflecting shifting lifestyle preferences.
Looking ahead, the market outlook remains steady, with potential further interest rate cuts expected to drive increased activity. As confidence strengthens, both buyers and sellers will have opportunities to achieve strong results. Well-presented homes in desirable locations are likely to attract ongoing competition, making the coming months an encouraging time for those looking to buy or sell.
January-March 380 135
$ 2,424,311 $ 2,671,973
$ 13,500,000 $ 921,238,180
Lawrence
This five bedroom, three bathroom and two powder room Art Deco residence is a landmark offering that reveals a breath-taking renovation by Ken Charles of Centrum Architects, in which its exquisite 1920s character
MRC Run Club
