A Strong Return to Auctions: Momentum Builds Across Melbourne’s East

With the first official auction weekend now behind us, the market has returned with genuine energy—and it showed in the results.

Across Melbourne’s eastern suburbs, we saw multiple bidders competing, strong attendance, and buyers acting decisively to secure homes. There was a clear sense of urgency, particularly from well-qualified buyers who have been waiting patiently for the right opportunity to emerge in early 2026.

One of the standout observations from the weekend was the continued strength of middle-ring Melbourne. These suburbs remain relatively affordable when compared to inner-city locations, yet they offer excellent long-term growth potential, strong amenity, quality schooling, and infrastructure. Buyers clearly recognise the value here—and they’re prepared to compete for it.

In markets like this, scale and connection matter. As a larger, highly connected agency group, we are seeing firsthand the advantage of working with an extensive buyer database. Our reach across Melbourne, greater Victoria, interstate and international networks means we’re consistently engaging with the best buyers—buyers who are finance-ready, informed, and prepared to perform when the right property becomes available.

This depth of buyer engagement is translating into stronger competition, better outcomes, and more certainty for our sellers.

As we move further into the first quarter, stock levels remain relatively tight while buyer enquiry continues to build. If the opening auction weekend is any indication, the market is setting up for a confident and competitive start to the year.

For those considering selling, now is an ideal time to understand where your property sits in the current landscape and how to best position it to take advantage of this renewed momentum.

See below for this week’s impressive sales results:

• 86-90 Harris Gully Road, Warrandyte sold for $1,681,000
• 24 Hastings Avenue, Blackburn South sold for $1,510,000
• 32 Collins Street, Bulleen sold for $1,568,000
• 67 Furneaux Grove, Bulleen sold for $1,460,000
• 6 Tadema Crescent, Eltham sold for $1,270,000
• 13 Alexander Street, Mitcham sold for $1,250,000
• 4A Omar Street, Templestowe Lower sold for $1,139,000
• 3 Wakefield Close, Eltham North sold for $1,110,000
• 104 Bourke Street, BULLEEN sold for $1,090,000
• 1/21 McGhee Avenue, Mitcham sold for $895,000
• 1/376 Maroondah Highway, Ringwood sold for $845,000
• 55 Morotai Parade, Heidelberg West sold for $838,000
• 221/15-21 Harrow Street, Box Hill sold for $459,000
• 80 Tristania Street, Doncaster East sold for
• 1/3 Leeds Street, Doncaster East sold!
• 31/123 Main Road, Lower Pleanty sold!

Currently under offer and will be sold soon:

• 50 Thompsons Crescent, Research
• 1/8 Bardia Street, Heidelberg West
• 8/51 Morotai parade, Heidelberg West
• 2/4 Judith Court, Doncaster
• 12 Andromeda Way, Templestowe Lower
• 10 Yaraleen Place, Bulleen
• 7 Mincha Ave, Templestowe Lower
• 10 Nathan Street, Doncaster
• 1/43 Lyndhurst Crescent, Box Hill North
• 20 The Boulevard, Heathmont
• 2/16 Inez Avenue, Eltham
• 171 Research Warrandyte Road, North Warrandyte

Spiro Drossos

Managing Director, Barry Plant Eastern Group

Proudly servicing Manningham, Whitehorse, Eltham, Ivanhoe & Balwyn