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Tom Rogan Boroondara Market Update Report

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FEATURE PROPERTY

55 THE BOULEVARD, BALWYN NORTH

A 4 B 2 C 1 E 878 approx.

Sold in the vicinity of $2,750,000


BOROONDARA MARKET REVIEW WITH TOM ROGAN 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.

TOM ROGAN 0400 595 527 tom.rogan@marshallwhite.com.au

BOROONDARA JULY - SEPTEMBER Total Number of Sales

Average Sales Price

Marshall White

133

84

All Agencies*

Marshall White*

$2,123,795

$2,461,283

All Agencies*

Marshall White*

$7,100,000

$206,747,800

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 3 TARA AVENUE KEW

A 4

B 2 C 2 Sold in excess of $3,500,000

E 975 approx.

PROPERTY HIGHLIGHT 1531 OLD BURKE ROAD KEW EAST

A 5 B 4 C 4 E 839 approx. Sold in excess of $3,350,000

Tastefully designed and updated this grand double story residence is a rare opportunity to secure a generational home where architectural integrity, timeless design and exceptional outdoor living come together with effortless style and with fourto-five bedrooms or potentially two studies, the home culminates in sundrenched poolside living that is the envy of home entertainers.

Commanding an impressive position high above the street, this spectacular brand-new FD Architects designed residence establishes a new benchmark in contemporary design, level of finish and family luxury.


UNRIVALLED RESULTS

1531 OLD BURKE ROAD KEW EAST

502/649 VICTORIA STREET ABBOTSFORD

A 5 B 4 C 4 E 839 approx.

A3 B3 C2

A 5 B 1 C 3 E 669 approx.

Sold in excess of $3,350,000

Sold in the vicinity of $2,450,000

Sold in excess of $2,070,000

3 WINDSOR STREET KEW

4A GLAN AVON ROAD HAWTHORN

125 DERBY STREET KEW

A 2 B 1 C 1 E 515 approx.

A 4 B 3 C 2 E 1797 approx.

A 3 B 1 C 1 E 706 approx.

Sold in the vicinity of $1,750,000

Sold for an exceptional price

Sold in excess of $2,000,000

20 MADDEN GROVE KEW

6 URQUHART STREET HAWTHORN

3 TARA AVENUE KEW

A6 B2 C4

A 3 B 1 C 2 E 734 approx.

A 4 B 2 C 2 E 975 approx.

Sold in excess of $8,450,000

Sold in the vicinity of $3,350,000

Sold in excess of $3,500,000

REQUEST AN APPRAISAL

3 DENMARK STREET KEW

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 TOM ROGAN 0400 595 527 tom.rogan@marshallwhite.com.au or visit marshallwhite.com.au


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