Feature Property
Hood Street, Balwyn North
Boroondara with
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
Brett Philipp 0425 756 789 brett.philipp@marshallwhite.com.au
Meticulously transformed into a modern alfresco abode without sacrificing any of its original period character, this strikingly renovated, solid brick and double-fronted, three bedroom Victorian classic is an extraordinary lifestyle proposition merely metres from Kew Junction.
Set on a coveted allotment of 511 square metres (approx.), this double fronted, solid brick and tuck-pointed early twentieth century period classic with slate tiled roof is the quintessential uncut diamond presenting an extraordinary opportunity to craft a landmark renovation (STCA) on the cusp of Camberwell Junction.
