Marshall White - Market Update Report - Issue 1, 2025: Nicholas Brooks - Stonnington

Page 1


Feature Prop ert y

with Nicholas Brooks

Nicholas Brooks 0419 883 136 nicholas.brooks@marshallwhite.com.au

Early indicators at the start of the year suggest a promising outlook for real estate in 2025, with consumer sentiment improving steadily despite property values remaining stable. The recent interest rate cut played a key role in boosting confidence, setting the stage for potential price shifts in the coming months.

Move-in-ready family homes saw the strongest demand across our key areas, with buyers prioritising convenience and lifestyle. Well-located properties in established suburbs continued to attract competition, particularly those within school zones and close to amenities. At the same time, interstate investors turned their attention to the Victorian market, recognising its potential as it began to correct after previous fluctuations.

Market momentum increased as buyer confidence grew, reflected in stronger attendance at inspections and more competitive bidding at auctions. Sellers who presented their homes well and priced strategically saw positive results, while buyers showed greater urgency to secure quality properties.

Looking ahead, the outlook remains optimistic, with the potential for further rate cuts likely to encourage more activity. As confidence continues to build, both buyers and sellers have the opportunity to capitalise on favourable conditions. The next few months could bring meaningful shifts in pricing and demand, making it an ideal time to enter the market.

200 85

$ 2,511,524 $ 6,737,994

$19,000,000 $ 502,304,800

Property Highlight

18 Northcote Road, Armadale

A 4 B 3 C 2

Sold in excess of $7,300,000

Agent Comments

This stunning, recently reimagined Grand 4 bedroom Victorian perched on the high side of Northcote Road was completely refurbished by the team at Quarters Projects. Sold in late Spring off market from the Marshall White database who had been working with our team. The house featured an incredibly flexible floorplan with European Oak floorboards throughout, marble, travertine, soft tones and neutral steel framed doors. The glorious northeast facing private garden oasis with an expansive stone paved terrace, with premium BBQ and remote sun-awning.

Completed less than a year ago and set against a breathtaking private garden and pool backdrop, this classic Victorian residence has been brilliantly transformed into an unforgettably beautiful family domain where elegance, luxury and functionality are all equally prioritised. European oak, marble, travertine, soft tones, linen sheers and neutral steel framed doors provide a cohesive, warm palette throughout.

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