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.
Stephen Gough M 0439 844 855 P 9822 9999 E stephen.gough@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 Stephen Gough'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.
Richmond Kekou Restaurant
An innovative menu featuring traditional, succulent south-east asian dishes with an imaginative contemporary twist, an extensive cocktail list and an eclectic rotating craft brewery selection featuring no fewer than eighteen varieties of beer makes for outstanding dining, whether for an intimate dinner or a larger group banquet. Stylish dĂŠcor welcomes the diner to an exotic other world immediately upon entering, while the knowledgeable and attentive staff complete a unique and pleasurable culinary experience. Takeaway service during COVID lockdown extends to beers and cocktails as well as food!
3 Jaques Street, Hawthorn East
Modern Luxury Designed To Perfection 3 Jaques Street, Hawthorn East
A bespoke architectural creation with exceptional attention to detail, this brand new residence sets new standards of lightfilled luxury and indulgent space. In a coveted cul-de-sac the expertly designed layout boasts three large living areas, a fabulous entertainer´s kitchen, three beautiful bedrooms, exquisite master suite, study and a stunning alfresco haven. Also features an elevator to all three levels, high-tech 4-car garage and a blue chip address close to Harcourt and Sackville Street precincts and Melbourne´s finest private schools.
A Word From My Clients It´s is with great pleasure that I write this small note of thanks. From the beginning when I first met you I trusted and believed I had found the right sales agent for my property. You represented very highly and with great depth of knowledge of the industry and the architecture of my house. You represented my house to the buyers with great warmth and were dedicated in making sure I would receive better than the market value... All the way through the campaign you showed great honesty and integrity and I would highly recommend you to other potential sellers...
We couldn´t be happier with Stephen's professionalism, market knowledge and his ability to negotiate the best price. Under extremely testing and difficult market conditions, Stephen and his team persisted and successfully sold our property for an excellent price. During the campaign Stephen was diligent in his handling of the sale, very informative and constantly provided us with feedback on interested parties. We highly recommend Stephen and his team at Marshall White to anyone looking to sell their property.
Some of Our Exceptional Results
16 Marlborough Avenue, Camberwell
60 Lilydale Grove, Hawthorn East
3 Jaques Street, Hawthorn East
4 1 3 Sold for $2,260,000
3 1 2 Sold for $1,940,000
3 2 4 Sold for an undisclosed price
16 Fairmont Avenue, Camberwell
1 Lightfoot Street, Mont Albert
612 Riversdale Road, Camberwell
4 3 1 Sold for an undisclosed price
5 1 Sold for an undisclosed price
4 3 1 Sold for $2,910,500
1A Westbourne Grove, Camberwell
31 Grandview Terrace, Kew
49 Yarrbat Avenue, Balwyn
3 1 1 Sold for $1,194,000
3 1 3 Sold for $1,665,000
4 2 3 Sold for $1,978,000