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FEATURE PROPERTY
9 RANDOLPH STREET, HAWTHORN
A3 B1 C1
Sold prior to Auction, in excess of $2,250,000
BOROONDARA MARKET REVIEW WITH NICHOLAS FRANZMANN Market conditions across Boroondara were steady throughout Q3. Buyers remained measured and value-focused, yet there was strong demand for homes that were well-located, wellpresented and realistically priced. Properties that stood out for the right reasons continued to achieve outstanding results, a sign the market still rewards scarcity and quality. The gap between standard stock and exceptional homes widened this quarter. Buyers became more selective overall, but quality architecture, land, location and lifestyle appeal still generated real competition when the right property came to market. Auction remained an important method of sale where genuine competition existed, and a property carried the qualities to create urgency. Looking ahead, sentiment is turning more optimistic for the final quarter, with growing buyer and vendor comfort around current pricing, suggesting a more even and confident market to close out the year, provided interest rates hold steady.
NICHOLAS FRANZMANN 0412 247 175 nicholas.franzmann@marshallwhite.com.au
BOROONDARA JULY - SEPTEMBER Total Number of Sales
Average Sales Price
Marshall White
252
91
All Agencies*
Marshall White*
$2,127,452
$2,434,569
All Agencies*
Marshall White*
$7,100,000
$221,545,800
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 1 & 2/16 RATHMINES ROAD HAWTHORN EAST
A 6
B 3 C 4 E 598 approx. Sold prior to Auction, in excess of $1,900,000
PROPERTY HIGHLIGHT 18 WISHART STREET KEW
B 2 C 2 Sold prior to Auction, in excess of $1,850,000 A 3
Sold prior to auction amid strong competitive interest, with two underbidders, this rare 598sqm corner allotment presents the unique offering of two residences held across two separate titles, all within easy walking distance of Auburn Village and Auburn Railway Station.
Sold prior to auction amid strong competitive interest, this low maintenance poolside entertainer enjoys a highly desirable position close to Victoria Park, combining lifestyle appeal with effortless everyday living.
UNRIVALLED RESULTS
1 FLINDERS AVENUE CANTERBURY
12 KYORA PARADE BALWYN NORTH
A 4 B 3 C 3 E 699 approx.
A 5 B 4 C 2 E 836 approx.
A4 B2 C1
Sold in excess of $3,100,000
Sold in excess of $2,000,000
Sold in excess of $4,600,000
6 LAING STREET MONT ALBERT
29 SUTHERLAND AVENUE KEW EAST
5A MAJORE STREET HAWTHORN
A 3 B 2 C 6 E 671 approx.
A 3 B 1 C 2 E 650 approx.
A 2 B 1 E 292 approx.
Confidential
Sold in excess of $1,550,000
Sold in excess of $1,280,000
9 THOMAS STREET KEW
1/128 BROUGHTON ROAD SURREY HILLS
3 TARA AVENUE KEW
A 5 B 4 C 2 E 780 approx.
A3 B1 C2
A 4 B 2 C 2 E 975 approx.
Confidential
Sold for $1,200,000
In excess of $3,500,000
REQUEST AN APPRAISAL
29 OAK STREET HAWTHORN
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 NICHOLAS FRANZMANN 0412 247 175 nicholas.franzmann@marshallwhite.com.au or visit marshallwhite.com.au