Chat with us, powered by LiveChat
News Barry Plant Eastern Group: Strong Sales & Growing Buyer Confidence

Barry Plant Eastern Group: Strong Sales & Growing Buyer Confidence

15 February 2025
Save Article

The Barry Plant Eastern Group has had another fantastic week of sales, with outstanding auction results across our offices. Despite Melbourne’s chilly weather, buyer confidence was strong, and most properties sold on the day.

Buyers Acting Faster in 2025
We’re seeing a clear shift—buyers are making quicker, more confident decisions. With expectations of price increases later in the year, many are securing properties now rather than waiting.

Stronger Buyer Activity & Increased Inspection Numbers

Open for inspections saw another rise in numbers this week, with buyers telling us they expect prices to climb in the second half of the year. This is leading to:

  • More motivated buyers looking to purchase sooner
  • Stronger competition at auctions, delivering great results
  • Increased confidence in property as a long-term investment

What This Means for Sellers

With buyer demand on the rise, now is a great time to sell. Well-presented properties are attracting strong interest, leading to faster sales and great results.

See below our impressive sales activity for the week:

  • 5 Tramore Close, Templestowe sold for $2,500,000
  • 9 Jasper Place, Donvale sold for $1,700,000
  • 63 Valepark Drive, Donvale sold for $1,692,000
  • 13 Carween Avenue, Mitcham sold for $1,560,000
  • 8 Jilpanger Road, Donvale sold for $1,400,000
  • 25 Gertrude Street, Templestowe Lower sold for $1,230,000
  • 1/29 St Hellier Street, Heidelberg Heights sold for $1,211,500
  • 21 Wrendale Drive, Donvale sold for $1,210,000
  • 7 Upland Court, Eltham North sold for $1,210,000
  • 136 Templestowe Road, Templestowe Lower sold for $1,111,000
  • 22 Blue Hills Avenue, Nunawading sold for $980,000
  • 7/7-9 Rich Crescent, Bellfield sold for $980,000
  • 154 Bolton Street, Eltham sold for $960,000
  • 2/10 Richard Street, Doncaster East $840,000
  • 7/930 Doncaster Road, Doncaster East sold for $755,000
  • 2/377 Mitcham Road, Mitcham sold for $722,000
  • 13/12 Bourke Street, Ringwood sold for $524,000
  • 1/4 Surrey Street, Ringwood sold!
  • 22 Lynette Avenue, Warrandyte sold!

Currently under offer and will be sold soon:

  • 4 Vivienne Court, Doncaster East
  • 702/1 Porter Street, Hawthorn East
  • 109-111 Berringa Road, Park Orchards
  • 13-15 Parsons Road, Eltham
  • 31 Luck Street, Eltham
  • 52 Batman Road, Eltham
  • 10 Kinbrae Drive, Research
  • 3 Candlebark Court, Heidelberg
  • 17 Valencia Terrace, Templestowe

If you’re thinking about selling, get in touch with the Barry Plant Eastern Group team today. We can help you take advantage of this active market and achieve the best possible result.

Spiro Drossos

Managing Director, Barry Plant Eastern Group

Proudly servicing Manningham, Whitehorse, Eltham, Ivanhoe & Balwyn

15 February 2025
Save Article

Get more from Barry Plant.
Sign up for our newsletter

Sign up now to stay informed about market trends, investment opportunities, and exclusive property listings. Don't miss out on valuable insights - join our community today!

Related Articles

Melbourne Eastern Suburbs: Investor Confidence Returns

CAV Renting Taskforce: Aiming to Improve the Rental Experience

Finance Tips for Property Investors