BOROONDARA MARKET REVIEW WITH NIKKI VAN GULICK
The Boroondara market continues to respond strongly to wellexecuted auction campaigns, which remain an effective way of bringing buyers together and creating momentum around a sale. Even where a property is sold shortly after auction rather than under the hammer, auction campaigns are generally achieving shorter days on market than comparable private sale or expressions of interest campaigns, reflecting buyers’ willingness to make decisions within a defined timeframe. Marshall White properties have continued to achieve prices above the broader Boroondara market average, highlighting the resilience of premium homes and the effectiveness of carefully managed campaigns. The strongest demand is for beautifully renovated period homes and high-quality contemporary residences, with buyers placing a premium on immediate liveability and favouring turnkey properties over those requiring significant renovation or improvement.
$2,544,371 $8,500,000 $340,945,688
PR O PERTY HIGHLIGHT
73 WINDELLA AVENUE KEW EAST
A 3 B 1 C 2 E 661 approx. Sold in excess of $1,900,000
NOTABL
E R EC E N T C A M PAIGN
8 RAE STREET HAWTHORN
A 4 B 2 C 2 E 657 approx. $3,950,000
CAMPAIGN INFORMATION
Price Guide
$3,300,000 - $3,500,000
Method of Sale Auction Contracts Requested 11
Circa 1920s and across a 657 square metre (approx.) corner allotment with no heritage overlay and two street frontages, this sought after location brought strong competition from four bidders which saw the property sold well above the guide.
This picturesque circa 1936 rendered and feature brick Art Deco home has been sympathetically renovated and extended to ensure the period features blend harmoniously with the more contemporary internal aspects, creating a charming ambience enhanced by the generous living and entertaining spaces at the rear.
