Marshall White - Market Update Report - Issue 2, 2024: Duane Wolowiec - Boroondara

Page 1


Salisbury Avenue, Mont Albert

Boroondara with Duane Wolowiec

Wolowiec 0418 567 581 duane.wolowiec@marshallwhite.com.au

The market has been outperforming media portrayals, especially in more blue-chip suburbs where demand remains strong in this "price sensitive" market.

Well-advised vendors and accurate Statements of Information (SOIs) have led to high success rates in auctions and Expression of Interest (EOI) campaigns, with international clients forming a significant buyer base. Auctions, the preferred method, have experienced 70-90% success rates to date in 2024.

Boroondara's appeal endures due to its proximity to schools, amenities, and lifestyle benefits. Recently renovated, turnkey family homes continue to achieve strong results. Auctions were best for $2-5 million homes, offering unconditional sales and transparency. Downsizers were active, seeking apartments and single-level options near amenities.

An increased volume of listings is expected from August to November, steady conditions through Christmas, with potential fluctuations based on interest rate movements.

544 194 $2,630,893 $2,842,864 $8,800,000 $551,515,539

Duane

A 5 B 4 C 4 E 1301 approx.

in the mid $3,000,000's

A beautiful canopy of trees flows along Victoria Crescent in front of “Oakfield” an impressive Edwardian family residence c1920. Surrounded by a glorious, lush, gardens including a soaring front Golden Elm tree. Providing a serene living environment on a magnificent, deep allotment of 1,300sqm. approx. 880 Glenferrie Road, Kew A 5 B 3 C 4 E 1157

A splendid example of grand Victorian architecture, this landmark c1886 mansion set within 1157sqm approx. of landscaped garden and pool surrounds impressively displays the magnificent proportions and exquisite original elegance of the era.

"Lancewood".

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.