Feature Property
Hood Street, Balwyn North
Boroondara
with Sophia Dong
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.
Boroondara April - July 544 194 $ 2,630,893 $ 2,842,864 $ 8,800,000 $ 551,515,539
Sophia Dong 0401 576 666 sophia.dong@marshallwhite.com.au
Brilliantly designed and crafted to perfection, this lavishly proportioned, five bedroom plus two office residence presents unprecedented French Provincial-styled luxury over three elevator-connected levels. Grand and imposing with an engaging street presence, the home forms a majestic synergy with this most exclusive of Deepdene surrounds.
Setting an impossibly high standard for others to follow, this boldly luxurious and remarkably large five bedroom, five ensuite residence is presented as new, highlighting an extravagant French Provincial design and a bold alfresco spirit.
