STONNINGTON MARKET REVIEW WITH NICOLE FRENCH
Stonnington’s market remains balanced and active, with both auction and expressions of interest campaigns equally popular. Auctions continue to perform strongly in high-demand pockets, while EOI campaigns are proving effective for more unique or tightly held properties. This dual strategy has given vendors flexibility while keeping buyers engaged.
Turnkey family homes are the standout performers. Buyers are willing to act quickly when properties are well-priced and presentation-ready, especially in lifestyle-rich locations close to schools, transport, and village shopping. There has been no dramatic market shift, but the recent interest rate cut has helped reinforce buyer confidence, though many had already priced this into their decisions.
We are seeing a broad demographic across the market - from first-home buyers to downsizers and families upgrading within the area. There is a noticeable hesitation towards homes requiring significant renovations, as many buyers prefer to avoid time-consuming projects and additional costs. While the pace of growth may remain modest, the fundamentals across Stonnington are sound. We expect steady demand through the rest of 2025, particularly for well-located homes with thoughtful floor plans, outdoor space, and minimal work required.
$2,590,073 $3,382,944 $16,800,000 $436,399,833
53-57 PARK STREET SOUTH YARRA
A 6 B 6 C 6 E 900 approx.
Set across three expansive levels, this extraordinary Victorian Art Nouveau terrace offers a visionary landmark in the heart of South Yarra. Painstakingly restored and brilliantly reimagined, this unique residence balances classic grandeur with contemporary elegance – its breathtaking scale, striking interiors, and refined warmth create a rarefied lifestyle for the most discerning buyer.
PROPERTY HIGHLIGHT PROPERT Y HIGHLIGHT
A 4 B 3 C 2 E 1330 approx.
Nestled on a sprawling 1,330sqm (approx.), this resort-style home in one of Toorak’s most prestigious streets perfectly blends light and space, offering an unparalleled living experience. Architecturally designed, the north-facing living areas boast breathtaking views of the tennis court, swimming pool, and lush greenery, creating a serene and private sanctuary.
