Marshall White - Market Update Report - Issue 2, 2024: Traci Stella - Manningham

Page 1


Feature Prop ert y

There has been high demand for newly built and renovated homes, particularly those with lifestyle features like tennis courts, swimming pools, and indoor/outdoor entertainment areas, appealing to buyers seeking a sophisticated living experience. Properties zoned for toprated/dual schools and within walking distance to amenities are highly sought after, especially among family-oriented buyers. Interestingly, both auction and private sale methods have been utilised equally over the past quarter, catering to the diverse preferences of buyers in the area. Overall, properties offering a combination of modern comforts, prime locations, and luxury lifestyle elements are continuing to be most desirable.

With strong demand expected to continue, the Manningham market forecast looks promising for the year ahead, presenting an opportune time for both buyers and sellers alike.

Manningham April - July

397 18 $ 1,711,332 $ 1,819,033 $ 3,580,000 $ 32,742,600

^ Financial year quarters shown*Source: Marshall White, Property Data Online for sales over $1m VIC Govt. Dept. Families, Fairness and Housing

Property Highlight

30-32 Hopetoun Road, Park Orchards

A 4 B 3 C 7 E 5826 approx. FOR SALE

Notable Recent Campaign

520-522 Park Road, Park Orchards

A 4 B 3 C 3 E 2057 approx. SOLD $3,580,000

Campaign Information

Price Guide $3,200,000 - $3,500,000 Method of Sale Expressions of Interest Contracts Requested 9

M arketing Schedule

Prestige 15 Image - dusk package, property video with social & drone footage, property copywriting, prestige photo board, 4 page prestige brochure, Digital Reach - internet, social media and SMART package, prestige open magazine.

Occupying a near level 1.5 acre approx. allotment in central Park Orchards, families will love this tropical resort inspired 4-bedroom, 3bathroom home moments from local primary schools and village cafes. Featuring a manicured garden, tennis court, pool, cabana, vaulted ceilings, and alfresco with pizza oven. Offering exceptional privacy and ample garaging. Location is close to buses, Eastland, and the freeway.

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.