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Team Tomlinson Stonnington Market Update Report

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FEATURE PROPERTY

STONNINGTON MARKET REVIEW WITH TEAM TOMLINSON

Both auction and expressions of interest are in regular use across Stonnington, with expressions of interest increasingly favoured by many agents at this point in the cycle. Pricing discipline continues to be the single greatest determinant of outcome: homes brought to market in line with genuine value are selling, while those positioned ahead of the market face a far more protracted campaign. There is no particular style or price bracket leading demand; rather, it is accurate pricing that separates a strong result from a stalled campaign.

Turnkey homes close to amenities are perennially popular, though buyers are discerning, weighing not only the quality of a build or renovation but also the design and floorplan on offer. Activity on the buyer side is led by owner-occupiers rather than investors, while vendors are typically motivated by a clear driver beyond price alone, including lifestyle change, deceased estates and families upgrading while conditions favour the move. Many on both sides are expected to wait for greater certainty following the November election before committing, with sentiment likely to respond once the outcome becomes clear.

JAMES TOMLINSON 0408 350 684 james.tomlinson@marshallwhite.com.au

HUGH TOMLINSON 0409 427 483 hugh.tomlinson@marshallwhite.com.au

RAE TOMLINSON 0418 336 234 rae.tomlinson@marshallwhite.com.au

$2,451,833 $2,846,940 $13,425,000 $193,591,913

PR O PERTY HIGHLIGHT

32 ANDERSON STREET

MALVERN EAST

A 4 B 2 C 2 E 778 approx.

Sold $3,710,000

COMMUNITY

GUIDE DOGS VICTORIA

Guide Dogs provide vital support for Victorians with low vision or blindness. Since 1957, their services have grown to include community initiatives, training and education programs.

Graciously proportioned and impeccably presented, this elegant single level brick home's impressively zoned floorplan adapts effortlessly to both downsizer and family requirements while the generous allotment and coveted location invites consideration as a future new home or development site. The idyllic location is an easy walk to Malvern station, trams, Glenferrie Road, Central Park and a range of schools.

LIFESTYLE

BREADCETERA

From the team behind Riserva comes Breadcetera, a new modern market concept focused on providing premium pantry staples, fresh bread, flowers, deli items and great coffee.

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Team Tomlinson Stonnington Market Update Report by Marshall White Real Estate - Issuu