MARKET UPDATE REPORT
BOROONDARA
BOROONDARA MARKET REVIEW WITH SUKI ZHUANG
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.
30 MONASH AVENUE BALWYN
A 5 B 5 C 2
Sold for an undisclosed price.
55 METUNG STREET
A 5 B 5 C 2
Sold for an undisclosed price.
This brand-new Balwyn masterpiece sets a new benchmark in luxury living — a statement of grand design, opulent finishes, and resort-style entertaining. Nestled in a prestigious streetscape and zoned for Balwyn High, it offers five indulgent bedrooms, a marble-detailed theatre, and a Miele-appointed kitchen, all crafted for the ultimate executive lifestyle.
Palatial in scale and French Provincial in elegance, this Balwyn High-zoned residence showcases five luxurious bedrooms, five bathrooms, and sun-drenched alfresco living with a gasheated pool and outdoor kitchen. Finished in Calacatta Marble with Miele appliances, a home cinema, and multiple living zones, it offers unmatched family indulgence in a blue-chip location near Macleay Park and elite schools.
