MARKET UPDATE REPORT
BOROONDARA
Q2 2025
BOROONDARA MARKET REVIEW WITH NICK PTAK
Boroondara continues to perform consistently, supported by strong buyer interest and reliable sales outcomes. Auctions remain the dominant method of sale, particularly in Hawthorn and its surrounding pockets, where competition has remained steady and clearance rates have held firm. Buyers appreciate the transparency and momentum auctions bring, especially for homes with broad appeal.
Well-renovated period homes and townhouses are leading the market, attracting both upsizers and downsizers looking for lifestyle and location without the need for immediate upgrades. Buyers are seeking walkability to schools, village precincts, parks, and public transport, making proximity a key selling factor.
We are seeing a healthy mix of buyers in the market, including professionals, young families, and retirees, many of whom are drawn to the area’s highly regarded schools and community atmosphere. As interest rate reductions begin to ease cost-ofliving pressures, buyer confidence is rebuilding. The outlook for the second half of 2025 is optimistic, with quality listings expected to attract multiple bidders and strong sale prices. Boroondara’s combination of heritage charm, established amenities, and schooling continues to position it as one of Melbourne’s most desirable residential enclaves.
7 POWER STREET
HAWTHORN
A 6 B 4 C 2 E 818 approx.
Sold for in Excess of $4,800,000
4A DUNLOP AVENUE
A 4 B 5 C 2
Sold for in Excess of $3,900,000
Privately and securely positioned behind an ornamental tree and hedge lined walled garden, this gracious slate roofed, Hawthorn brick Victorian family residence exemplifies the elegance and character of the Victorian era including a decorative iron lacework, tessellated tile verandah, high ceilings and cornices with roses plus coloured leadlight glass representing its past character.
A masterpiece of contemporary architecture designed by Coy Yiontis, this spectacular 3-year-old limestone residence’s four lift connected levels and stunning north-facing garden and pool backdrop provide the context for an unrivalled executive family lifestyle.
