MARKET
UPDATE REPORT
BOROONDARA
BOROONDARA MARKET REVIEW WITH NICK PTAK
JANUARY - MARCH 2026
Demand remains consistent across Boroondara, with A-grade family homes in prized pockets continuing to attract the strongest competition. While buyers are operating with considered budgets following the recent rate rise, the adjustment has been absorbed well, and decision-making has remained disciplined rather than delayed.
Stock quality is the key differentiator: renovated period homes and well-designed contemporary residences with functional floorplans, natural light and outdoor space are seeing the highest level of enquiry, particularly where schooling and transport align.
Investor interest is also increasing into early 2026, supported by improving rental conditions and Melbourne's relative value when compared with Sydney and Brisbane. Vendors are achieving their best outcomes when pricing is market-aligned from day one and campaigns are structured to build momentum early.
Looking ahead, conditions point to a steady, balanced market, with consistent results for homes that present well, sit in bluechip locations and meet the lifestyle brief buyers are prioritising.
A 5 B 3 C 2 E 671 approx.
Sold for in Excess of $4,600,000
Superbly renovated and extended c1890 double-fronted Victorian blending period elegance with contemporary luxury. Five bedrooms accompany expansive north-facing living and dining, a gourmet Miele and Ilve kitchen, and seamless indoor–outdoor entertaining to a deck, solar-heated pool and spa, plus rumpus, balcony with city views, cellar, solar and double garage.
A 5 B 5 C 3
Sold for in Excess of $5,500,000
Magnificent c1880 Victorian landmark “Avoca” in Tara Estate, beautifully renovated to blend period grandeur with contemporary luxury. Showcasing soaring ceilings, elegant formal rooms and family living, the home offers five bedrooms, studio retreat, alfresco entertaining, solar-heated pool and triple garage near Camberwell’s cafés, transport and schools.
