This week has shown a clear shift in buyer activity, with increased eagerness and competition across our auctions and private sales. Buyers have been more forthcoming with offers and actively bidding at auctions, indicating a renewed confidence in the market.

Out of the 15 auctions we conducted this week, four properties sold prior to auction. Buyers are demonstrating a heightened sense of urgency to secure properties before they hit the auction floor. This eagerness mirrors the market activity we witnessed as we emerged from the pandemic when demand was exceptionally strong.

The improved economic outlook is certainly contributing to this renewed buyer confidence. Family homes, in particular, are in very high demand, especially those located within sought-after school zones. While there is a noticeable influx of subdivided blocks and townhouses on the market, good-quality housing for families remains scarce. This shortage is driving competition and delivering standout results in premier suburbs throughout the area.

The balanced market we are currently experiencing appears set to continue throughout the autumn selling season. As always, Barry Plant’s unique selling methods are delivering impressive outcomes.

For those considering selling in the short to medium term, now is an excellent time to discuss current buyer demand and effective strategies to achieve exceptional results.

See below our impressive sales activity for the week:

• 37 Bellevue Avenue, Doncaster East sold for $1,951,000
• 34 Carinya Road, Vermont sold for $1,752,000
• 333 Serpells Road, Doncaster East sold for $1,600,100
• 3 Ellerton Court, Donvale sold for $1,570,000
• 3 Fiona Court, Eltham sold for $1,538,000
• 391 Church Road, Templestowe sold for $1,428,000
• 32 Brendan Avenue, Doncaster sold for $1,398,888
• 26 Meryl Street, Doncaster East sold for $1,380,000
• 4 Bourke Street, Bulleen sold for $1,261,000
• 106 Warren Road, Viewbank sold for $1,200, 000
• 7 Menin Road, Nunawading sold for $1,190,000
• 46 McCrae Road, Rosanna sold for $1,050,000
• 6 Kent Court, Bundoora sold for $910,000
• 52 Collins Street, Heidelberg Heights sold for $840,000
• 83 Airlie Road, Montmorency sold for $745,000
• 3/62-64 Manningham Road, Bulleen sold for $715,000
• 4/2-4 Piper Crescent, Eltham sold for $650,000
• 9/7 Echuca Road, Greensborough sold for $641,000
• 10/8 George Street, Doncaster East sold for $631,000
• 703/91-93 Tram Road, Doncaster sold for $545,000
• 2/53 Coulstock Street, Epping sold for $530,000
• 43 Chippewa Avenue, Donvale sold!
• 5 Robert Court, Viewbank sold!
• 3/4 Surrey Street, Ringwood sold!

Currently under offer and will be sold soon:

• 8/2-4 Acacia Court, Ringwood
• 11 Humber Road, Croydon North
• 312-314 Oban Road, Donvale
• 26/81-97 Mitcham Road, Donvale
• 2/24 Sonia Street, Donvale
• 208/373-377 Burwood Highway, Burwood
• 12 Romilly Avenue, Templestowe Lower
• 28 Linton Avenue, Templestowe Lower
• 1/28 Argyle Street, Donvale
• 111/202 Jells Road, Wheelers Hill
• 4004/2 Sovereign Point Court, Doncaster
• 17 Husband Road, Forest Hill
• 74 Ingrams Road, Research
• 82 Kalbar Road, Eltham
• 2/187 St Helena Road, Greensborough
• 47 Davies Street, Rosanna
• 15 Porter Road, Heidelberg Heights

Contact us today to explore how we can help you achieve a successful sale.

Spiro Drossos

Managing Director, Barry Plant Eastern Group

Proudly servicing Manningham, Whitehorse, Eltham, Ivanhoe & Balwyn