Despite uncertain economic times, buyer numbers continue to soar week on week with some open home numbers at levels we have not seen since the pandemic period. We are getting 40 and 50 groups through some opens and buyers keen to make pre-auction offers as the Auctions once again heat up! 

Our Auctions are all well attended and multiple bidders are again competing strongly to secure first place. 

The question is….. How long will this last? The market is significantly stronger than in late 2022.

So why are there so many buyers attending opens and auctions? 

This mid-summer rush of buyers is a result of low property levels and an increased number of buyers entering the market. Today we estimate to meet close to 2,000 buyers which is significantly up on recent months' activity. 

It’s hard to say how long this increased buyer activity and strong results will last in the current economic climate. 

It could be that people are tired of waiting and are getting on with life or is it just a delayed Spring rush? I don’t have a crystal ball however I will answer these questions as we go through the February and March market. 

What I do know is that if you thinking of selling, it's a great idea to get on as soon as possible and join in on the great results we are getting for our clients.

This week, Barry Plant Manningham was once again awarded as the NO.1 metro office in Vitoria and placed 8th in the country by REB (real estate business). 

I would like to thank our clients who continue to entrust us with their biggest asset and the Barry Plant Eastern Group team for their continued hard work, strong results, and client care. 

For better results call our award-winning sales team! 

Please see our list of impressive sales  

• 1/33 Kireep Road, Balwyn sold for $3,410,000
• 15 Treevalley Drive, Doncaster East sold for $1,910,000
• 21 Deane Street, Blackburn North sold for $1,852,000
• 32A Caroline Drive, Templestowe Lower sold for $1,560,000
• 18 Highfield Avenue, Blackburn South sold for $1,466,000
• 14 Reichelt Avenue, Montmorency sold for $1,330,000
• 2 Natalie Mews, Eltham sold for $1,410,000
• 59 Gedye Street, Doncaster East sold for $1,270,000
• 2 Fink Court, Donvale sold for $1,250,000
• 30 Gedye Street, Doncaster East sold for $1,221,888
• 3 Kent Court, Doncaster East sold $1,160,700
• 9 Dellwood Court, Templestowe sold for $1,065,000
• 24 Waiora Road, Rosanna sold for $1,022,000
• 6 Arlington Walk, Vermont sold for $1,010,000
• 41 Ford Street, Ringwood sold for $1,000,000
• 29 Floriston Grove, Eltham sold for $930,000
• 1/102 Dorking Road, Box Hill North sold for $850,000
• 2/113 Brunswick Road, Mitcham sold for $830,000
• 3/9 Zealandia Road East, Croydon North sold for $817,000
• 3/25 Darling Street, South Yarra sold for $795,000
• 4/8 Yarraleen Place, Bulleen sold for $792,000
• 2/22 Creek Road, Mitcham sold for $790,000
• 2 Yuruga Court, Mooroolbark sold for $785,000
• 2/1A Souter Street, Eltham sold for $786,630
• 1/42 Barkly Street, Ringwood sold for $671,750
• 2/12 Jindalee Avenue, Yallambie sold for $580,000
• 7/40 Elmhurst Road, Bayswater North sold for $550,000
• 212/569 Whitehorse Road, Mitcham sold for $530,000
• 3/24 Harrison Street, Mitcham sold for $542,000
• 9/189 Bayswater Road, Bayswater North sold for $395,000
• 28 Andrew Crescent, Croydon South sold!
• 1/15 Twyford Street, Box Hill North sold!
• 108 Ayr Street, Doncaster sold!
• 8 Autumn Way, Kilsyth sold!
  

Currently under offer and will be sold soon:

• 2/927 Doncaster Road, Doncaster East
• 20 Crombie Road, Lilydale
• 4 Valley Way, Warrandyte
• 14 Midhurst Road, Croydon
• 18 Russell Avenue, Mooroolbark
• 4/39 High Street, Bayswater
• 1/4 William Street, Ringwood
• G09/832 Doncaster Road, Doncaster
• 1 Romilly Avenue, Templestowe Lower
• 1/15 Branksome Grove, Blackburn South
• 1 Royal Court, Ivanhoe

Spiro Drossos

Managing Director

Barry Plant Eastern Group