Property Market Update Boroondara
Edition 2, 2020 The recent COVID-19 Stage 4 restrictions will obviously have an indelible effect on all Victorians, and we appreciate that big decisions about property or changing lifestyle may not be top of mind for most of you. We are also acutely aware of the pressures many of you will be feeling during this time and we wish you and those close to you the very best of health and a safe path out of this crisis. Despite the demanding times, many of our clients continue to buy and sell homes in the highly sought-after areas of Melbourne we serve and we felt a review of the property market in your local area might serve as a welcome distraction.
Chris Barrett M 0412 927 409 P 9822 9999 E chris.barrett@marshallwhite.com.au
We look forward to a brighter Spring and a return to a 'new normal' where we can again be close to family and friends, and for many of us, a time when we can enjoy Melbourne's favourite pastime - property! Stay safe and please reach out should you require any assistance or just a little advice.
From the Agent Chris Barrett's take on the market this quarter
While it has been a very challenging time for all Melburnians, the property market has shown remarkable resilience in the face of the many obstacles created by the COVID-19 pandemic. During our first lockdown we were able to adapt and pivot towards online and digital solutions that enabled both vendors and buyers to continue to transact property safely and successfully. There has also been a surge in discreet off market sales. In the brief period when onsite auctions were permitted, the strength of the market was evidenced by auction clearance rates that had returned to the high numbers we saw in the pre-COVID months. Despite media predictions, prices have remained relatively stable with quality property performing particularly well. Now that we are heading towards spring, we are experiencing increased traffic on all real estate websites, with buyers hoping for an influx of new property on the market.
Boroondara Lifestyle Hello Sailor Cafe
Soft organic colours create a light, airy space. You can pull up a wooden bar stool at the long stone counter, take a table or sit by the window facing out onto Auburn Road. Little touches add warmth, such as the copper piping fitted with frosted light bulbs. The wooden planks that line the walls could be the hull of a ship. The menu is concise and rotates seasonally. Coffee and tea comes via Seven Seeds and Love Tea respectively, and you can also buy loaves of Noisette bread to take home.
25 Highfield Road, Canterbury
Feature Property 25 Highfield Road, Canterbury
Showcasing sophisticated large family living and luxurious indoor/outdoor enjoyment, this is the ideal entertainer´s package in a premier lifestyle location. Just minutes to Maling Rd, Strathcona Girls Grammar and Canterbury P.S., beyond its striking traditional facade lies a contemporary home of stunning space and versatility, fIlled with natural light and boasting a favourable north-west orientation. Designed to maximise quality time at home, with swimming pool, all-weather alfresco dining with outdoor kitchen, vergola and heating, custom basketball mini-court and double garage with full poolside bathroom facilities. Equipped with every modern comfort, other highlights include ducted heating/cooling, home automation system, built-in surround sound, first floor terrace, front carport and additional off-street parking.
A Word From Chris If you are interested in a current reliable appraisal of your property but don't want to have anyone entering your home Chris Barrett would be delighted to provide you with a curb-side appraisal. A curb-side appraisal involves Chris driving past your home and researching land size, zoning and relevant recent sales and look at any videos or photos you are happy to provide to gain an appreciation of the current condition. Chris will then email you a letter containing an accurate price and a list of relevant recent sales for your records and naturally if you are considering a sale Chris would be happy to advise you on the options and sale methods available to you. .
If you would like an appraisal please contact Chris on 0412 927 409 or email him at chris.barrett@marshallwhite.com.au
Some of Our Exceptional Results
3 Jaques Street, Hawthorn East
29 Edgevale Road, Kew
3 Chrystobel Crescent, Hawthorn
3 2 4 Sold for an undisclosed price
4 2 1 Sold for an undisclosed price
4 2 2 Sold in excess of $4,800,000
6 Wishart Street, Kew
22 Hawthorn Glen, Hawthorn
5 Highbury Grove, Kew
5 4 3 Sold for $2,980,000
5 3 2 Sold in excess of $5,100,000
4 2 2 Sold in the vicinity of $2,500,000
3 Harts Parade, Hawthorn East
18 Wiseman Street, Hawthorn East
98 Rathmines Road, Hawthorn East
5 3 2 Sold for $3,111,000
4 3 2 Sold for an undisclosed price
4 2 Sold for $2,090,000