The lucky new homeowner of 6 Mullum Drive Donvale will have amazing summers in their new resort style home. Congratulations to our vendors and buyers, wishing them happy times ahead.

Record low borrowing costs will continue to drive strong buyer demand and housing price growth, as the Reserve Bank of Australia keeps official interest rates on hold.

Incentives for home building and first-home buyers have brought forward buying activity and a reassessment of housing needs in the post-pandemic world have led to searching for larger lifestyle homes.

While demand continues to outstrip supply, listings are starting to rise as vendors feel more confident and more owners take advantage of the strong selling conditions and higher prices. Homes have been selling at record speeds as buyers rush to snap up properties.

This week we have sold a total of 13 properties and have 10 currently under offer.

Sold in the last week:

• 6 Mullum Drive, Donvale sold for $3,400,000
• 2 Wild Cherry Drive, Eltham sold for $2,000,000
• 1 Chamberlain Court, Blackburn South sold for $1,180,000
• 43 Dellfield Drive, Templestowe Lower sold for $1445,000
• 130 Arthur Street, Eltham sold for $1,200,000
• 2/24 Calderwood Street, Bulleen sold for $822,000
• 2/14 Worthing Avenue, Doncaster East sold for $880,000
• G1/18 Berkeley Street, Doncaster sold for $465,500
• 55 Burnett Street, Mitcham sold for $1,420,000
• 218 Bolton Street, Eltham sold for $415,000
• 11 Ungara Close, sold for $1,215,000
• 13 Arcadia Way, Eltham North sold for $900,000
• 2/56 John Street, Eltham sold

Under offer & will be sold soon:

• 2/203 McKinnon Road, McKinnon
• 108/8-10 Hepburn Road, Doncaster
• 191 Ryans Road, Eltham North
• 4/667 Whitehorse Road, Mitcham
• 222 Foote Street, Templestowe
• 361 Springvale Road, Forest Hill
• 41 St Clems Street, Eltham North
• 1208 Main Road, Eltham
• 204B/170 Manningham Road, Bulleen
• 3 Peppermint Grove, Eltham

We look forward to seeing you at our next open home or getting you prepared for a successful sale.

Have a nice weekend!

Kind regards,

Spiro Drossos
Barry Plant Manningham | Whitehorse | Eltham

Managing Director