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Nick Ptak Boroondara Market Update Report

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FEATURE PROPERTY

20 ELAROO AVENUE, CAMBERWELL

A 5 B 5 C 4 E 906 approx.

Sold in excess of $7,000,000


BOROONDARA MARKET REVIEW WITH NICK PTAK 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.

NICK PTAK 0413 370 442 nick.ptak@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 29 MOUNT IDA AVENUE HAWTHORN EAST

A 4

B 1 C 4 E 581 approx. Sold in excess of $2,900,000

PROPERTY HIGHLIGHT 2/312 BARKERS ROAD HAWTHORN

A 4 B 3 C 2 Sold in excess of $1,700,000

Classic clinker brick Art Deco residence with generous family proportions, flexible five-bedroom accommodation, sunlit open-plan living, northern gardens and City views. Positioned high on Mount Ida Avenue, moments from leading schools, shopping, parks, transport and Camberwell Junction.

This stunning three-level residence in historic “Elphin Mews” blends contemporary luxury with c1910 character, featuring four bedrooms, multiple living zones, vaulted ceilings, light-filled interiors, northern courtyard, garage parking and a prized location near schools, Auburn Village and transport.


UNRIVALLED RESULTS

2/312 BARKERS ROAD HAWTHORN

11 ROCHESTER STREET KEW

A4 B3 C2

A4 B3 C2

A 4 B 2 C 2 E 975 approx.

Sold in excess of $1,700,000

Sold for an undisclosed price

Sold in excess of $2,800,000

9 LAUREL COURT HAWTHORN EAST

9 RANDOLPH STREET HAWTHORN

22 POWER STREET HAWTHORN

A 4 B 2 C 2 E 620 approx.

A3 B1 C1

A3 B2 C2

Sold in excess of $3,400,000

Sold in excess of $2,200,000

Sold for an undisclosed price

6 URQUHART STREET HAWTHORN

1/4 TYNDALL STREET SURREY HILLS

22 STANLEY AVENUE HAWTHORN EAST

A 3 B 1 C 2 E 734 approx.

A 3 B 2 C 2 E 367 approx.

A4 B2

Sold in the vincinity of $3,350,000

Sold in excess of $1,500,000

Sold in excess of $2,500,000

REQUEST AN APPRAISAL

3 TARA AVENUE KEW

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 NICK PTAK 0413 370 442 nick.ptak@marshallwhite.com.au or visit marshallwhite.com.au


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