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.
Kathy Malcolm M 0416 279 966 P 9822 9999 E kathy.malcolm@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 Kathy Malcolm '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 Saint Helen Cafe
Saint Helen Cafe prides themselves on serving high quality and delicious food and coffee. They offer a friendly, warm service and are currently open for takeaway now during the Covid lockdown. Kath enjoys her coffee here on a daily basis.
Hours: Mon- Fri - 7:30 am - 2:00 pm Sat & Sun 8:00 am - 2:00 pm
173 Riversdale Road, Hawthorn
21 Drewett Street, Surrey Hills
Feature Property 21 Drewett Street, Surrey Hills
Sold for $1,880,000 Showcasing the enduring family appeal of a Californian Bungalow, this home is nestled behind a high front hedge surrounded by leafy, private gardens and located in a quiet, family friendly, tree-lined street. The fully renovated & recently refurbished interior features limed oak flooring flowing from the entrance hall to the two living areas plus a stylish CaesarStone/Bosch S/S kitchen & dining, leading to a sun-drenched deck overlooking a lush rear garden - perfect for indoor/outdoor dining & relaxation. Complemented by 4-zoned bedrooms, main with WIRs/ensuite; or 3+study with a family bathroom & laundry.
A Word From My Clients My wife and I have been Surrey Hills locals for ten years now and we have had the very great pleasure of engaging with Kath and benefiting from her unique and insightful knowledge of the local Real Estate market for the last four years. Kath has assisted us enormously through this period as we pursued properties for investment as well as a search for our "forever home" and most recently the sale of our family home. Through our many interactions Kath has shown endless passion, unparalleled local knowledge and truly exceptional service. We couldn´t recommend Kath highly enough for her laser focus on achieving our goals, work ethic, exceptional service and most critically - ability to close highly favourable deals during Covid-19! - Paul, 21 Drewett Street, Surrey Hills
From the first time Kath came to value my property to the ´SOLD´ sticker being put on the board, it has been a great relationship. Kath is a practical, thoughtful, dependable Estate Agent, who can be relied upon to negotiate hard and strong. She has listened to my needs and guided me through the whole selling process. Her ongoing explaining of the ways of selling and the continual communication, always had me prepared. I would thoroughly recommend this optimistic, delightful agent who in this difficult Real Estate climate obtained an exceptional result for me in two weeks. - Kay, 2/126 Balwyn Road, Balwyn
Some of Our Exceptional Results
16 St Anthony's Place, Kew
29 Edgevale Road, Kew
21 Drewett Street, Surrey Hills
3 2 2 Sold for $1,950,000
4 2 1 Sold in excess of $2,500,000
4 2 2 Sold for $1,880,000
1/50 Victoria Road, Hawthorn East
10 Arundel Crescent, Surrey Hills
30 Essex Road, Surrey Hills
3 3 2 Sold for $1,800,000
4 2 1 Sold for $1,795,000
4 2 6 Sold in excess of $3,200,000
2/126 Balwyn Road, Balwyn
37 Doonkuna Avenue, Camberwell
35 Empress Road, Surrey Hills
3 2 2 Sold for $1,190,000
4 3 2 Sold in excess of $2,200,000
4 2 2 Sold for $2,030,000