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News Market Confidence Continues to Build

Market Confidence Continues to Build

08 February 2025
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There’s a noticeable boost in confidence across the marketplace this week, with inspection numbers on the rise as we move further into February. Buyers are showing renewed optimism, fueled by increasing speculation about potential interest rate drops.

This week’s results were impressive once again, with strong demand for good family homes and brand-new properties. Notably, we’ve also seen developers re-entering the market, eager to secure landholdings before the anticipated price increases later this year.

It’s shaping up to be another strong period for the Barry Plant Eastern Group as market activity continues to gain momentum.

See below our impressive sales activity for the week:

  • 60-62 Tunstall Road, Donvale sold for $1,740,000
  • 137 Brougham St, Eltham sold for $1,350,000
  • 4 Tristan Court, Eltham North sold for $1,230,000
  • 6 Mincha Avenue, Templestowe Lower sold for $1,150,000
  • 8 Bursaria Rise, Donvale sold for $990,000
  • 2/31 Glenair Street, Templestowe Lower sold for $915,000
  • 10 Clive Street, Mitcham sold for $875,000
  • 6/911 Doncaster Road, Doncaster East sold for $700,000
  • 409/20 Hepburn Road, Doncaster sold for $660,000
  • 4/765-767 Doncaster Road, Doncaster sold for $645,000
  • 1/596-598 Middleborough Road, Blackburn North sold for $585,000
  • 4/24 McEwan Road, Heidelberg Heights sold for $550,000
  • 3 Northcote Street, Richmond sold!
  • 2 Glen Katherine Drive, St Helena sold!

Currently under offer and will be sold soon:

  • 13-15 Parsons Road, Eltham
  • 154 Bolton Street, Eltham
  • 6/7-9 Rich Crescent, Bellfield
  • 7/7-9 Rich Crescent, Bellfield
  • 1/29 St Hellier Street, Heidelberg Heights
  • 4 Vivienne Court, Doncaster East
  • 22 Lynette Ave, Warrandyte
  • 1/3-4 Surrey Street, Ringwood
  • 13/12 Bourke Street, Ringwood
  • 13/99 Morack Road, Vermont South
  • 13 Carween Avenue, Mitcham
  • 22 Blue Hills Avenue, Nunawading
  • 9 Jasper Place, Donvale

Spiro Drossos

Managing Director, Barry Plant Eastern Group

Proudly servicing Manningham, Whitehorse, Eltham, Ivanhoe & Balwyn

08 February 2025
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