Property Market Update Malvern East
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.
Jesse Matthews M 0413 197 905 P 9822 9999 E Jesse.Matthews@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 Jesse Matthews '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.
Sold in excess of $1,900,000 - 4 Bedrooms | 2 Baths | 2 Cars
20 Darling Road, Malvern East Sold in excess of $1,900,000 - 4 Bedrooms | 2 Baths | 2 Cars
Impressively set within an exceptionally deep 747sqm approx. northeast garden, this glorious slate roofed c1890's single level Victorian residence delivers both immediate family appeal and exciting scope to extend if desired (STCA). A magnificent double arched hallway featuring high ceilings and Baltic pine floors introduces four beautiful bedrooms with built in robes (three with open fires) and two stylish bathrooms. A light-filled retreat or study with ample storage overlooks the garden. The superbly appointed modern kitchen and generous living and dining room open through two sets of bi-fold doors to an expansive covered deck and the deep private northeast garden.
A Word From My Clients Jesse works very hard! He was an effective communicator and nothing was too difficult. He professionally guided us through our sale and listened to what we wanted. We were very happy with the process and the result, even in a tough market. Jesse was genuinely happy for us and helped us buy our new home too. Thank you Jesse! Sula Tyndall
Jesse Matthews is a very professional, courteous, obliging and energetic young real estate agent who has a wide knowledge of my local area. Jesse has kept in touch with me without being pushy over the last couple of years. Keeping an eye out for whatever situation might suit me in downsizing. He is a very respectful young man who has always done whatever he said he would do for me in a sell and then a buy situation. Very trustworthy. Jan McFarlane
Some of Our Exceptional Results
20 Boston Avenue, Malvern East
5 Sycamore Street, Malvern East
4 Bates Street, Malvern East
4 2 3 Sold for $2,150,000
4 3 2 Sold in excess of $2,000,000
4 1 2 Sold for an undisclosed price
371 Waverley Road, Malvern East
7 Sycamore Street, Malvern East
50 Macgregor Street, Malvern East
4 3 2 Sold for $2,105,000
4 2 2 Sold in excess of $2,100,000
4 2 2 Sold in excess of $2,500,000
14 Kerferd Street, Malvern East
26 Nott Street, Malvern East
61 Beaver Street, Malvern East
4 3 2 Sold for an undisclosed price
4 2 2 Sold for an undisclosed price
5 3 2 Sold in excess of $4,500,000