An electric feeling around Melbourne today with the playing of the 2024 AFL Grand Final. BBQs are sizzling…. And 243 Melbourne vendors have decided to sell their home by auction today. Although that makes it the quietest auction weekend in Melbourne since January, it does actually show a 20% lift in auction numbers compared to the same weekend last year!

The end of the finals also typically marks the start of the spring selling season. For those planning a sale before the year’s end, the news is positive. Buyers seem to be out in stronger numbers, and many are intent to compete and buy before the expected drop-in interest rates and the associated likely lift in property prices.

Interest rates in Europe and the US have already dropped and locally, some fixed rates are also being marked down. Interestingly, there was also a notable jump in the Roy Morgan Consumer Confidence result this last week. The second consecutive rise in the index sees Consumer Confidence at the highest level since January 2023.

So, if you’re ready to talk about making your move, we’re ready to listen. We’d love nothing more than to assist you with your sale and help you to get to wherever is the next destination for you.

See below our impressive sales activity for the week:

• 601/8 Clay Drive, Doncaster sold for $1,758,000.
• 5 Lawrence Court, North Warrandyte sold for $1,740,000.
• 91 Beverley Street, Doncaster East sold for $1,650,000.
• 37 Lowan Avenue, Templestowe Lower sold for $1,355,000.
• 1a Westminster Avenue, Bulleen sold for $1,290,000.
• 23 Feathertop Avenue, Templestowe Lower sold for $1,210,000.
• 2/49 John Street, Templestowe Lower sold for $1,210,000.
• 8 Handley Court, Blackburn North sold for $1,188,000.
• 15 Moodie Street, Greensborough sold for $870,000.
• 1/8 Ireland Avenue, Doncaster East sold for $857,000.
• 15 Tarakan Street, Heidelberg West sold for $808,000.
• 1/31-33 Beetham Parade, Rosanna sold for $750,000.
• 3/195 Mitcham Road, Donvale sold for $700,000.
• 7/36 Shelley Street, Heidelberg Heights sold for $640,000.
• LG03/25 Pryor Street, Eltham sold for $520,000.
• 211/373-377 Burwood Highway, Burwood sold for $330,000.
• 12 Nevada Retreat, Bulleen sold!
• 180 Cherry Tree Road, Panton Hill sold!
• 4 Woolerton Court, Donvale sold!

Currently under offer and will be sold soon:

• 37 The Boulevard, North Warrandyte
• 421 Main Road, Montmorency
• 53 Visage Drive, South Morang
• 201/5 Red Hill Terrace, Doncaster
• 2 Belmont Road West, Croydon South
• 3 Elland Road, Clyde North
• 6/23 Carawatha Road, Doncaster
• 14 Carlton Court, Templestowe
• 6/380 High Street, Templestowe Lower
• 77-79 Homestead Road, Wonga Park
• 220/65 Stables Circuit, Doncaster
• 279A Blackburn Road, Doncaster East
• 21 Beechwood Close, Doncaster East
• 3/7 Newcastle Road, Bayswater
• 31 Wilsons Road, Doncaster
• 103/1 Mitchell Street, Doncaster East
• 202/3 Red Hill Terrace, Doncaster East
• 201/1 Charlnet Drive, Vermont South
• 1/9 Lucerne Street, Vermont
• 7 Tramore Close, Templestowe
• 2/29 Churchill Street, Doncaster East
• 307/101 Tram Road, Doncaster
• 19 Westwood Drive, Bulleen
• 2/36 Shelley Street, Heidelberg Heights

Spiro Drossos

Managing Director

Barry Plant Eastern Group