Feature Property
Boroondara with Shamit Verma
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
Shamit Verma 0401 137 597 shamit.verma@marshallwhite.com.au
11 Victoria Crescent, Mont Albert
A 5 B 4 C 4 E 1301 approx.
Sold in the mid $3,000,000's
435 Mont Albert Road, Mont Albert
A 3 B 2 C 2 E 691 approx. Sold in excess of $3,300,000
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.
“The Monet” embodies the timeless elegance of French provincial design, offering luxury throughout its single-level interior. This statement family home features an eye-catching rendered façade and slate-style roof tiles, making it ideal for retirees seeking quality and prime location, or families drawn to a desirable lifestyle.
