Nick Ptak Market Update Report

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MARKET

UPDATE REPORT

BOROONDARA

BOROONDARA MARKET REVIEW WITH NICK PTAK

JULY - SEPTEMBER 2025

The Boroondara market remains closely tied to its reputation for excellent schools and lifestyle amenities, and auctions continue to be the dominant method of sale. Family homes in blue-chip school zones remain the most sought-after, while turnkey single-level residences are also attracting strong interest from downsizers seeking convenience and quality. Larger units and townhouses have seen an increase in enquiries, driven by affordability and lifestyle factors.

Buyer sentiment has improved following the August rate cut, and the consistently strong rental market has also brought investors back into the mix. While the volume of listings remains lower than last year, properties that are well-priced and wellpresented are selling strongly, highlighting the importance of presentation and tailored campaigns.

Looking forward, the spring market is set to be busy, with strong competition expected for A-grade homes. As values continue to climb this year, steady price growth is anticipated, especially in the family and downsizer markets.

PROPERTY HIGHLIGHT

342 BARKERS ROAD

A 4 B 2 C 4 E 559 approx.

Sold for in Excess of $3,300,000

PROPERT Y HIGHLIGHT

37 SHAKESPEARE GROVE

HAWTHORN

A 5 B 3 C 2 E 750 approx.

Sold for in Excess of $4,200,000

Accomplished with an uncompromised commitment to quality, the brilliant complete transformation of this clinker brick Art Deco residence has resulted in a stunning display of designer style, lavish finishes and spectacular proportions.

Nestled on one of Melbourne’s most esteemed streets within the exclusive St James Park Estate, this classic entertainer is an extravagantly large 5-bedroom (+ study) renovated family residence, gently tucked away in this prestigious riverside streetscape.

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