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.
Nick Ptak M 0413 370 442 P 8862 4913 E nick.ptak@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 Nick Ptak'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 Green Cup
Although there are several cold-pressed juice shops within a kilometre of her store, Green Cup owner Natalie Guest doesn´t consider herself in the same category. The drinks menu (all 600 millilitres) is divided into green smoothies and superfood smoothies. At a quick glance it can be confusing to tell the difference (a lot of them feature kale, spinach, chia, almond milk), but there are some nice mixes and the staff will help you with what you´re after (if you´re feeling rundown, or if you want a satisfying blend that will fill you up). As for snacks, you can pick up a selection of house-made bliss balls, raw energy bars and slices. There are also three versions of blended acai bowls and a single-serve of avo toast topped with chia or chilli flakes - all good for a light snack. - Broadsheet
3 Chrystobel Crescent, Hawthorn
Feature Property 3 Chrystobel Crescent, Hawthorn
Presenting a rare opportunity to acquire a truly beautiful Victorian family residence of impressive proportions. Enviably located in the leafy heritage surrounds of the coveted Grace Park Estate environs, just a few minutes´ walk from the vibrant Glenferrie Road boutiques, cafes, restaurants, Recreation Centre and Lido cinema. Plus public transport options, nearby parklands, Swinburne University and a choice of some of Melbourne´s finest schools. Whilst it is also close to Kew Junction shopping including the popular Leo´s Fine Foods or Toscanos - all ensuring a wonderful lifestyle where convenience becomes the by-word.
A Word From My Clients We were absolutely delighted with Nick's highly professional approach in selling our property in Camberwell. He took the time to understand our needs, (which was not only the selling price) setting our expectations based on his local experience, and then matching a buyer for our home. His attention to detail, communication and follow through was exceptional, we have no hesitation in recommending Nick to anyone who is looking for a true professional to give you a professional result in selling your home.
Some of Our Exceptional Results
5/40 Walpole Street, Kew
18 Tower Place, Hawthorn East
48 Wattle Valley Road, Canterbury
4 2 2 Sold for $1,590,000
4 2 2 Sold for $2,806,000
4 2 2 Sold for an undisclosed price
3 Jaques Street, Hawthorn East
29 Edgevale Road, Kew
22 Hawthorn Glen, Hawthorn
3 2 4 Sold for $3,200,000
4 2 1 Sold for an undisclosed price
5 3 2 Sold for an undisclosed price
33 Mangarra Road, Canterbury
3 Chrystobel Crescent, Hawthorn
18 Wiseman Street, Hawthorn East
5 3 2 Sold for an undisclosed price
4 2 2 Sold for $4,850,000
4 3 2 Sold for an undisclosed price