Buyers were very determined today to start the new financial year with success. Despite the bleak weather, attendances at opens and auctions were up and activity was strong when we called for opening bids. Most of our team’s auctions sold comfortably today with two of them flying past expectations by $300,000 and even $400,000.

The Melbourne market has been strong since January with clearance rates across Metropolitan Melbourne regularly sitting between 75% and 80%. What many buyers don’t know, is that when you look at the Eastern suburbs, where we operate, in isolation, the clearance rate is regularly around 90%. Given that many experts describe a “Boom market” as one where clearance rates top the 80% mark, it would appear that Melbourne’s East is well and truly in growth territory once again.

Great results continue to demonstrate how well our market has recovered. Just last week the Barry Plant Manningham team achieved another record, with the sale of 3 Dalkeith Court for $4,050,000. The highest price paid for a residential home in Doncaster East! The 5-bedroom property with tennis court and pool on just over 1400 sqm will certainly be a lovely home for the new owners.

If our team can help you with your property search or if you would like to discuss your options in terms of a sale, please feel free to get in touch. We’d love to help.

Please see below our impressive sales for the week!

• 3 Dalkeith Court, Doncaster East sold for $4,050,000
• 32 Baird Street South, Doncaster sold for $2,150,000
• 5 Forest Court, Templestowe sold for $1,950,000
• 7 Park Hill Way, Doncaster sold for $1,850,000
• 300 George Street, Doncaster sold for $1,750,000
• 3/58 Belgravia Avenue, Mont Albert North sold for $1,706,000
• 3 Rose Avenue, Bulleen sold for $1,222,000
• 5 Rose Avenue, Bulleen sold for $1,190,500
• 69 Chatsworth Quadrant, Templestowe Lower sold for $1,200,000
• 36 Barak Street, Bulleen sold for $1,500,000
• 1A Kew Court, Donvale sold!
• 2c Sergeant Street, Blackburn sold for $1,256,666
• 1/8 Balmoral Avenue, Templestowe Lower sold for $1,188,000
• 9A Killarney Road, Templestowe Lower sold for $1,010,000
• 36a Carcoola Road, Ringwood East sold for $700,000
• 2/38-40 Burnt Street, Nunawading sold for $695,000
• 4/1146 Whitehorse Road, Box Hill sold for $303,888
• 3/28 Nelson Street, Ringwood sold!

Currently under offer and will be sold soon:

• 2/927 Doncaster Road, Doncaster East
• 29 Jacana Avenue, Templestowe Lower
• 26 Lynette Avenue, Warrandyte
• G11/832 Doncaster Road, Doncaster
• 19 Grant Crescent West, Ringwood
• 4 Cottonwood Court, Templestowe
• 5/24 Bayswater Road, Croydon
• 32 Baird Street South, Doncaster
• 7 Park Hill Way, Doncaster
• 79 Jolimont Road, Forest Hill
• 1/136 Parker Street, Templestowe
• 1/4 Browns Avenue, Ringwood
• 7 Austin Street, Mitcham
• 3/137 Porter Road, Heidelberg Heights
• 1/22 River Street, Briar Hill
• 59 Malabar Crescent, Eltham
• 28 Cascades View, Yallambie

Spiro Drossos

Managing Director

Barry Plant Eastern Group