We’ve seen an encouraging shift in the property market this week, with more bidders actively participating at auctions. This renewed interest is a positive sign, as local buyer confidence begins to show signs of recovery. While recent discussions from the state government around property market incentives and support measures may take time to make a full impact, the conversation alone is contributing to a sense of optimism on the ground.

The increased activity isn’t limited to just buyers entering the market for the first time. Many sellers from August and September are now returning as buyers, a trend that’s gradually building momentum. This increase in buyers, alongside more properties entering the market, is reinforcing confidence, and encouraging healthy competition.

We’ve had another fantastic week of sales, further testament to the commitment and expertise of our team.

See below our impressive sales activity for the week:

• 35 Varga Road, Smiths Gully sold for $1,690,000.
• 3 Orchard Grove, Warrandyte sold for $1,670,000.
• 12 Jising Court, Doncaster East sold for $1,573,000.
• 20 Grover Road, Doncaster sold for $1,432,000.
• 1/42 Glenburnie Road, Mitcham sold for $1,400,000.
• 2 Acacia Street, Doncaster East sold for $1,350,000.
• 4/42 Glenburnie Road, Mitcham sold for $1,270,000.
• 3/42 Glenburnie Road, Mitcham sold for $1,255,000.
• 23 Lincoln Drive, Bulleen sold for $1,221,000.
• 1/50 Luck Street, Eltham sold for $1,165,000.
• 11 Valda Street, Watsonia sold for $1,162,500.
• 1 Tudor Road, Doncaster sold for $1,130,000.
• 34 Meander Road, Hurstbridge sold for $1,011,000.
• 1/27 Bass Street, Box Hill sold for $1,010,000.
• 1/17 Walter Street, Mitcham sold for $987,000.
• 25 Berrima Road, Rosanna sold for $926,000.
• 7/195 Wonga Road, Warranwood sold for $905,000.
• 53 Lisbeth Avenue, Donvale sold for $904,000.
• 1/5 Ambon Court, Heidelberg West sold for $850,000.
• 6 Pandanus Court, Heidelberg West sold for $812,000.
• 1/30 Devoy Street, Oakleigh South sold for $799,000.
• 1/20 Renshaw Street, Doncaster East sold for $684,000.
• 3/29 Elizabeth Street, Bulleen sold for $680,000.
• 3/57 Beard Street, Eltham sold for $605,000.
• G05/190 Reynolds Road, Doncaster East sold for $540,000.
• 12/10-16 White Street , Glen Iris sold for $508,000.
• 113/8-12 Hepburn Road, Doncaster sold for $425,000.
• 4/22 Luckie Street, Nunawading sold for $349,000.
• 219B/1 Colombo Street, Mitcham sold for $295,000.

Currently under offer and will be sold soon:

• 229-331 Victoria Road, Yering
• 22 Saxon Street, Doncaster
• 39 Earlswood Place, Lilydale
• 55 Lisbeth Avenue, Donvale
• 308/5 Red Hill Terrace, Doncaster East
• 421 Main Road, Montmorency
• 1/1110 Main Road, Eltham
• 11 Clarke Avenue, Wattle Glen
• 197 Old Eltham Road, Lower Plenty
• 1/7 Leyte Parade, Heidelberg West
• 1 Sullivan Street, Bellfield
• 1/33 Orient Avenue, Mitcham

It’s a reminder that there’s still plenty of time before Christmas for those considering selling. Our team is actively working with sellers who are planning to list in January or February, helping them prepare now to ensure their property is market-ready for the new year. By beginning the process early, we’re able to provide tailored guidance that maximizes each sale’s success.

If you’re contemplating selling before Christmas or want insights on how the current market might benefit you, we’re here to help.

Spiro Drossos

Managing Director

Barry Plant Eastern Group