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Stuart Evans Boroondara Market Update Report

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FEATURE PROPERTY

3 TARA AVENUE, KEW

A 4 B 2 C 2 E 975 approx.

Sold in the vicinity of $3,500,000


BOROONDARA MARKET REVIEW WITH STUART EVANS Market conditions across Boroondara were steady throughout Q3. Buyers remained measured and value-focused, yet there was strong demand for homes that were well-located, wellpresented and realistically priced. Properties that stood out for the right reasons continued to achieve outstanding results, a sign the market still rewards scarcity and quality.

The gap between standard stock and exceptional homes widened this quarter. Buyers became more selective overall, but quality architecture, land, location and lifestyle appeal still generated real competition when the right property came to market. Auction remained an important method of sale where genuine competition existed, and a property carried the qualities to create urgency. Looking ahead, sentiment is turning more optimistic for the final quarter, with growing buyer and vendor comfort around current pricing, suggesting a more even and confident market to close out the year, provided interest rates hold steady.

STUART EVANS 0402 067 710 stuart.evans@marshallwhite.com.au

BOROONDARA JULY - SEPTEMBER Total Number of Sales

Average Sales Price

Marshall White

252

91

All Agencies*

Marshall White*

$2,127,452

$2,434,569

All Agencies*

Marshall White*

$7,100,000

$221,545,800

Highest Selling Price*

Total Sales Price Combined*

^ Financial year quarters shown*Source: Marshall White, Property Data Online for sales over $1m VIC Govt. Dept. Families, Fairness and Housing


PROPERTY HIGHLIGHT 29 OAK STREET HAWTHORN

A 4

B 2 C 1 Sold in the vicinity of $4,650,000

PROPERTY HIGHLIGHT 6 URQUHART STREET HAWTHORN

A 3 B 1 C 2 E 734 approx. Sold in the vicinity of $3,350,000

Situated in the West Hawthorn precinct, walking distance to the Yarra River, St James Park & Church Street shops, cafes & public transport. The campaign attracted over 65 buyer inspections, culminating in 4 bidders on auction day & a result in excess of $250,000 over our vendor's reserve.

Beautifully positioned between Glenferrie Road & Auburn Road it is just a short walk from everything this great suburb has to offer. The campaign attracted over 55 buyer inspections. We received 3 offers prior to auction, with the property ultimately selling on the Thursday before the scheduled auction for well in excess of our vendor's reserve.


UNRIVALLED RESULTS

29 OAK STREET HAWTHORN

6 URQUHART STREET HAWTHORN

A4 B2 C1

A 3 B 1 C 2 E 734 approx.

A 4 B 3 C 3 E 699 approx.

Sold in the vicinity of $4,650,000

Sold in the vicinity of $3,350,000

Sold in the vicinity of $3,100,000

12 CHATFIELD AVENUE BALWYN

3/11 BRAESIDE AVENUE CAMBERWELL

128 VICTORIA ROAD HAWTHORN EAST

A3 B1 C1

A3 B2 C2

A4 B2 C1

Sold in the vicinity of $1,900,000

Sold in the vicinity of $1,350,000

Sold in excess of $3,900,000

20 ELAROO AVENUE CAMBERWELL

4A GLAN AVON ROAD HAWTHORN

7 FAIRMONT AVENUE CAMBERWELL

A 5 B 5 C 4 E 906 approx.

A 4 B 3 C 2 E 1797 approx.

A 4 B 2 C 2 E 688 approx.

Sold in excess of $7,000,000

Price Undisclosed

Sold in the vicinity of $2,200,000

REQUEST AN APPRAISAL

1 FLINDERS AVENUE CANTERBURY

You may be interested to know what your home is worth in the current market and I would be delighted to assist you with this complimentary service. To experience the Marshall White difference please contact STUART EVANS 0402 067 710 stuart.evans@marshallwhite.com.au or visit marshallwhite.com.au


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