MARKET UPDATE REPORT
BOROONDARA
BOROONDARA MARKET REVIEW WITH STUART EVANS
The Boroondara market remains closely tied to its reputation for excellent schools and lifestyle amenities, and auctions continue to be the dominant method of sale. Family homes in blue-chip school zones remain the most sought-after, while turnkey single-level residences are also attracting strong interest from downsizers seeking convenience and quality. Larger units and townhouses have seen an increase in enquiries, driven by affordability and lifestyle factors.
Buyer sentiment has improved following the August rate cut, and the consistently strong rental market has also brought investors back into the mix. While the volume of listings remains lower than last year, properties that are well-priced and wellpresented are selling strongly, highlighting the importance of presentation and tailored campaigns.
Looking forward, the spring market is set to be busy, with strong competition expected for A-grade homes. As values continue to climb this year, steady price growth is anticipated, especially in the family and downsizer markets. JULY - SEPTEMBER 2025 435 134 $2,824,685 $2,920,969 $12,000,000 $391,409,826
PROPERTY HIGHLIGHT
7 HARCOURT STREET
HAWTHORN EAST
A 6 B 5 C 5 E 4016 approx.
PROPERT Y HIGHLIGHT
11 GILLMAN STREET
HAWTHORN EAST
A 5 B 2 C 2 E 553 approx.
“Lexington” – c1880 A Harcourt Estate Landmark. Magnificently set within an exceptionally deep north-facing botanic garden complete with north-south tennis court, this landmark c1880 Italianate Victorian mansion designed by esteemed architect John Beswicke is a tribute to the elegance and grandeur of the era.
A grand scale family entertainer just a few short steps from Camberwell Junction, this classical, double-fronted and solid brick Victorian residence has been boldly renovated without inhibition to synthesise its original circa-1890s heritage with expansive open-plan and alfresco proportions crafted to delight entertainers.
