PORT PHILLIP
Q2 2025
ALBERT PARK MARKET REVIEW WITH SARAH WOOD
Albert Park continues to show strong market activity, alongside increasing demand for off-market opportunities. Many vendors, particularly downsizers, are choosing to test the waters quietly before launching full campaigns, leveraging Marshall White’s extensive buyer database. This discreet approach has resonated well, particularly amongst those seeking a more tailored selling experience.
We are also seeing significant buyer movement from neighbouring municipalities like Stonnington and Boroondara, reinforcing the area’s appeal to established homeowners looking for lifestyle and location. Demand spans all price points, and auctions remain the preferred method of sale. Many properties are transacting prior to or under auction conditions with competitive bidding and strong results.
Interestingly, there has also been a shortage of online listings, which has intensified buyer activity in the pre-market space. This has driven increased engagement from out-of-area and interstate buyers, often pushing prices beyond expectations. Looking ahead, market conditions remain healthy, with an anticipated rise in stock levels from August to September. With buyer behaviour stable and interest from premium catchments continuing, the outlook for the second half of 2025 is strong. ALBERT PARK APRIL - JUNE 2025 272 83
$2,198,171 $2,758,337
$15,100,000 $228,942,001
PROPERTY HIGHLIGHT
21 FAWKNER STREET
ST KILDA
A 4 B 2 C 2 E 574 approx.
$3,010,000
COMMUNITY
THE MARSHALL WHITE FOUNDATION
The Marshall White Foundation is a charity supporting vulnerable people, especially women and children facing domestic violence, homelessness, and mental health issues.
Spanning approximately 574sqm over two titles, this magnificent c1908 Edwardian residence lies privately within one of St Kilda’s most prized central precincts. Beyond automated gates and secure parking for two, the beauty of north-facing established gardens is immediately impressive, framing the original facade with a rare sense of permanence and provenance.
LIFESTYLE
LEAPS AND BOUNDS CAFE
Bathed in natural light and tucked in the heart of Albert Park, Leaps and Bounds is the perfect spot for a leisurely brunch or a quick coffee on the go.
