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.
Davide Lettieri M 0414 018 707 P 8862 4982 E davide.lettieri@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 Davide Lettieri'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 Mother Dough
At Mother Dough they pride themselves on sourcing seasonal ingredients. All of their meats are sourced locally from areas such as The Yarra Valley, Gippsland & The Goulburn Region. All their dishes use an authentic Italian ragu recipe using a carrot, celery & onion base tossed in an aged 18 month old Italian parmesan combined with their homemade fresh pasta. All Mother Dough pizza has a minimum of 72 hour fermentation. They mix three separate imported Italian flours together to create the real mother of all doughs. They then add a careful selection of cereals and seeds such as sunflower, rye, flax, barley, sesame & wheat. This procedure ensures minimal bloating & an easy digestion.
86 Burwood Road, Hawthorn 9819 9000
98 Rathmines Road, Hawthorn East
Captivating Elegance in Coveted Locale 98 Rathmines Road, Hawthorn East
This instantly appealing c1880´s Victorian residence showcases an irresistible blend of period elegance and bespoke designer style. The arched hall introduces a lounge room/bedroom with gas fire, two beautiful bedrooms, additional bedroom with mezzanine play/study area and designer bathroom. The generous living room with gas fire, deluxe kitchen and dining area open to the private garden with studio and spa. The home was sold in May through an Expressions of Interest campaign with multiple offers for strong result of $2,090,000.
A Word From My Clients I sold my Hawthorn family home during the peak of the Coronavirus. Davide was absolutely brilliant, as were all of the Marshall White staff that I dealt with. I was fully informed every step of the way. Davide was professional and courteous. I would highly recommend Davide and Marshall White to sell your home. Amanda
Davide was excellent at communication on a daily basis, if you're considering agents I would definitely give him a call. Andrew & Catherine
Some of Our Exceptional Results
22 Hawthorn Glen, Hawthorn
33 Mangarra Road, Canterbury
117 Brougham Street, Kew
5 3 2 Sold in the vicinity of $5,100,000
5 3 2 Sold in the vicinity of $4,100,000
2 1 0 Sold in the vicinity of $1,500,000
1/128 Normanby Road, Kew East
6 Inverleith Street, Hawthorn
16 Frederick Street, Balwyn
3 2 2 Sold in the vicinity of $1,500,000
4 1 1 Sold in the vicinity of $1,800,000
3 1 3 Sold in the vicinity of $1,900,000
24 Denmark Street, Kew
250 Mont Albert Road, Surrey Hills
36 Howard Street, Glen Iris
4 2 1 Sold for $2,037,000
4 3 2 Sold in the vicinity of $2,100,000
4 3 2 Sold for $3,800,000