MARKET UPDATE REPORT
BOROONDARA
BOROONDARA MARKET REVIEW WITH ROBERT LE
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.
37 SHAKESPEARE GROVE HAWTHORN
A 5 B 3 C 2 E 750 approx.
Sold in excess of $4,200,000
PROPERT Y HIGHLIGHT
18 COLERIDGE STREET
A 5 B 5 C 5 E 1147 approx.
Sold for an undisclosed price
Nestled in one of Melbourne’s most esteemed streets within the exclusive St James Park Estate, this classical 5-bedroom (+ study) family entertainer blends the romance of yesteryear with effortless contemporary grace. Light-filled living zones, a subway-tiled Ilve kitchen, alfresco flow, kids’ retreat, and a luxurious main suite combine with hydronic heating, A/C, and off-street parking—all just 5km from the CBD.
This stunning Victorian family residence showcases classic period attributes including a slate roof, tuck point brick façade, iron lacework return verandah and high ceilings with roses and cornices. Where the beautiful period façade and stylish interiors blend harmoniously with the contemporary additions delivering a generous 2-storey extension overlooking a private rear garden with superb gas/solar heated in-ground pool.
