Marshall White - Market Update Report - Issue 2, 2024: Chris Barrett - Boroondara

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Feature Property

3 Linda Crescent, Hawthorn

Boroondara with Chris Barrett

The market has been outperforming media portrayals, especially in more affluent suburbs where demand remains strong in this "price sensitive" market.

Well-advised vendors and accurate Statements of Information (SOIs) have led to high success rates in auctions and Expression of Interest (EOI) campaigns, with international clients forming a significant buyer base. Auctions, the preferred method, have experienced 70-90% success rates to date in 2024.

Boroondara's appeal endures due to its proximity to schools, amenities, and lifestyle benefits. Recently renovated, turnkey family homes continue to achieve strong results. Auctions were best for $2-5 million homes, offering unconditional sales and transparency. Downsizers were active, seeking apartments and single-level options near amenities.

An increased volume of listings is expected from August to November, steady conditions through Christmas, with potential fluctuations based on interest rate movements.

544 194 $ 2,630,893 $ 2,842,864 $ 8,000,000 $ 551,515,539

Chris Barrett 0412 927 409 chris.barrett@marshallwhite.com.au

Property Highlight

Superbly framed by glorious, landscaped gardens and a distinctive arched

the

this

single level residences is more than matched inside by the beautiful blend of exquisite period elegance and sun-drenched contemporary style.

A heartfelt thanks to all our attendees, sponsors, and volunteers for your incredible support. We raised over $150,000 to support crucial initiatives with You Matter and Launch Housing.

The new centrepiece of the Clifton Hotel serves woodfired clam pizzas, bolognaise

an Italian-style

Sophia

verandah,
resistible exterior profile of
c1920’s solid brick
Marshall White Foundation Ball
Puttanesca Osteria | Clifton Hill Hotel | 99 High Street, Kew
jaffles and
riff on the pub burger in a room decorated with
Loren posters.

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Marshall White - Market Update Report - Issue 2, 2024: Chris Barrett - Boroondara by Marshall White Real Estate - Issuu