Feature Property
Highbury Grove, Kew
Boroondara with Tim Mursell
The market has been outperforming media portrayals, especially in more affluent 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
Tim Mursell 0419 800 709 Tim.Mursell@marshallwhite.com.au
15
A 5 B 2 C 2 E 1055 approx.
Sold in the vicinity of $3,800,000
An utterly unique offering of rare and distinguished historical significance, this character-filled, five bedroom, Gothic Revival home is a slice of Melbourne’s marvelous history and reported to be one of only three surviving homes in Hawthorn that pre-date 1855, grandly elevated and privately cast to the rear of its extraordinary 1055 square metre (approx.) allotment.
1
A 5 B 2 C 2
Sold in excess of $2,680,000
Grattan Street, Hawthorn
Verdun Street, Surrey Hills
Situated in a leafy street opposite charming South Surrey Park, this captivating period home offers an appealing street presence and immaculate presentation that will impress the most fastidious buyers.
