Week by week, we are seeing a gradual but noticeable increase in buyer confidence. More people are out and actively engaging with the marketplace, and auction crowds have grown compared to late last year. This renewed activity signals that buyers are reassessing their options and making more decisive moves, particularly as interest rate reductions continue to bolster market sentiment.

This weekend’s auction results reflected this improving confidence, with strong bidding activity and an average of two to three bidders per property. Some buyers chose to act pre-emptively, securing properties with competitive pre-auction offers, leveraging private negotiations to their advantage. This suggests that serious buyers are beginning to recognise the value of entering the market now, anticipating potential price increases as confidence strengthens.

As we transition into the autumn selling season, we expect a balanced marketplace where both buyers and sellers can navigate with measured confidence. The current conditions present excellent opportunities for those considering making a move.

Below is a snapshot of some of the standout sales and auctions from the past week. If you’re thinking about buying or selling in the coming months, don’t hesitate to reach out—we’d be delighted to provide expert advice tailored to your needs.

See below our impressive sales activity for the week:

• 17 Brinkkotter Road, Research sold for $1,803,000
• 24 Atkinson Street, Templestowe sold for $1,618,000
• 64 Cassowary Street, Doncaster East sold for $1,525,000
• 6 Unwin Street, Templestowe sold for $1,455,000
• 16 Clauscen Street, Templestowe Lower sold for $1,445,000
• 50 Boyd Street, Doncaster sold for $1,280,000
• 11 William Street, Donvale sold for $1,280,000
• 16 Nundah Drive, Eltham sold for $1,118,000
• 359 George Street, Templestowe Lower sold for $1,051,000
• 24 Baird Street, Greensborough sold for $1,002,000
• 5/61-63 George Street, Doncaster East sold for $880,000
• 4/7-9 Rich Crescent, Bellfield sold for $875,000
• 1/959 Doncaster Road, Doncaster East sold for $800,000
• 3/30 Foote Street, Templestowe Lower sold for $695,000
• 3/2 Lee Court, Heathmont sold for $330,000
• 10/14-16 James Street, Box Hill sold for $310,000
• 115A Blackburn Road, Doncaster East sold!
• 13 Ryan Street, Reservoir sold!
• 1/11 William Street, Bulleen sold!
• 6 Morang Avenue, Templestowe Lower sold!

Currently under offer and will be sold soon:

• 3 Fiona Court, Eltham
• 4/4-2 Piper Crescent, Eltham
• 74 Ingrams Road, Research
• 106 Warren Road, Viewbank
• 5 Robert Court, Viewbank
• 8/2-4 Acacia Court, Ringwood
• 11 Humber Road, Croydon North
• 312-314 Oban Road, Donvale
• 2/24 Sonia Street, Donvale
• 703/91-93 Tram Road, Doncaster
• 28 Linton Avenue, Templestowe Lower
• 12 Romilly Avenue, Templestowe Lower
• 10/8 George Street, Doncaster East
• 3/199 Mitcham Road, Donvale
• 34 Carinya Road, Vermont

For a detailed market update or to discuss your real estate goals, contact our team today.

Spiro Drossos

Managing Director, Barry Plant Eastern Group

Proudly servicing Manningham, Whitehorse, Eltham, Ivanhoe & Balwyn