The market continues to show positive momentum, with another successful week of sales across the Barry Plant Eastern Group. What we’re experiencing right now is a noticeable increase in buyer confidence at auctions, with success rates improving week on week. This is a promising sign for both sellers and buyers as we head into the final months of the year.

What’s Driving the Market?

Properties positioned well in the marketplace with outstanding presentation are achieving exceptional results. School zone properties and well-maintained family homes are proving to be particularly sought after, attracting strong interest from families eager to secure their next home.

Many buyers are telling us they want to purchase before any potential changes to interest rates. They’re motivated to get into the market now, anticipating that prices may rise in the months ahead.

Investors Returning to the Market

Another notable trend is the growing presence of investors. With rental yields currently at peak levels, many investors recognize the dual opportunity of immediate returns through rental income and long-term equity growth as property prices continue to strengthen over the next few years.

Your Opportunity Before Christmas

If you’re considering buying or selling, there’s still plenty of time to make your move before Christmas. Whether you’re a family searching for your dream home, an investor capitalizing on market conditions, or a first-time buyer looking to secure your future, our dedicated team is here to assist.

Let’s make the most of this exciting market together. We’re here to help you every step of the way!

See below our impressive sales activity for the week:

• 42 Carbine Street, Donvale sold for $1,656,000
• 69 Blooms Road, North Warrandyte sold for $1,540,000
• 59-63 Richardson Road, Croydon North sold for $1,340,000
• 5 Stevenage Court, Vermont South sold for $1,330,000
• 46 Loughnan Road, Ringwood North sold for $1,210,000
• 19 Westwood Drive, Bulleen sold for $1,180,000
• 6 Burgundy Drive, Doncaster sold for $1,170,000
• 2 Lotus Court, Diamond Creek sold for $1,120,000
• 157 Graham Road, Viewbank sold for $1,080,000
• 5 Woorarra Avenue, Doncaster East sold for $1,065,000
• 176 Blackburn Road, Doncaster East sold for $1,060,000
• 143 Thompsons Road, Bulleen sold for $990,500
• 1/413 Church Road, Templestowe sold for $820,000
• 471 Waterdale Road, Heidelberg West sold for $758,000
• 8/36 Livingstone Road, Eltham sold for $730,000
• 1 Burns Court, Heidelberg Heights sold for $688,000
• 205/1031 Heidelberg Road, Ivanhoe sold for $600,000
• 7/764 Whitehorse Road, Mont Albert sold for $518,000
• 2/46 Elder Street, Watsonia sold for $512,000
• 217/193-195 Springvale Road, Nunawading sold for $290,000
• 10 Centaur Grove, Doncaster East sold!
• 1/2 Wallace Avenue, Bayswater sold!
• 2a Marroo Street, Doncaster sold!
• 1/2 Berry Avenue, Mitcham sold!
• 1/17 Lithgow Avenue, Blackburn sold!

Currently under offer and will be sold soon:

• 208 Mountain View Road, Briar Hill
• 17/143 St Helena Road, Greensborough
• 161 Henry Street, Greensborough
• 4/309 Bell Street, Bellfield
• 43 Digit Avenue, Balwyn North
• 229-331 Victoria Road, Yering
• 4 Vivienne Court, Doncaster East
• 11 Caringal Avenue, Doncaster
• 13 Orchard Grove, Warrandyte
• G15/8 Berkeley Street, Doncaster
• 2B Walkers Lane, Healesville
• 304/721 Elgar Road, Doncaster
• 10 Powrie Court, Ringwood North
• 15/8-10 Kelvin Grove, Prahran
• 2/88 Rose Avenue, Templestowe Lower
• 403/8 Bourke Street, Ringwood

Spiro Drossos

Managing Director

Barry Plant Eastern Group