Despite the media buzz, realestate.com.au have forecast economic uncertainty "would not automatically drag the housing market into another downturn and a property bubble remains highly unlikely." It should also be noted that economists watching the property market closely have reminded us that "historic evidence suggests weakened economic conditions do not always directly affect house sales." This comes off the back of an aftershock from global events over the last 48 hours.

Across the Barry Plant Eastern Group, many of our auctions today still attracted strong attendance numbers with confident buyers embracing the opportunity to secure their new home.

With the property market sentiment as positive as its ever been combined with a shortage of homes to compete with, be sure to contact one of our award-winning team members today, taking advantage of the opportunity ahead.

Sales from our team this week include:

12 Albany Way, Doncaster East sold for $1,310,000

3A Parkview Place, Doncaster sold for $1,700,000

2 Menarra Street, Doncaster sold for $1,375,000

14 Third Street, Warrandyte sold for $890,000

3 Ida Court, Donvale sold for $1,125,000

354 Springvale Road, Donvale sold for $902,769

729 Canterbury Road, Surrey Hills sold for $1,400,000

1A Rosslyn Street, Blackburn South sold for $1,053,000

8 Acheron Crescent, Eltham North

52 Broad Gully Road, Diamond Creek sold for $783,000

25 Stanley Avenue, Eltham sold for $1,210,000

Enjoy the rest of your weekend! - Spiro Drossos, Director, Barry Plant Manningham, Whitehorse and Eltham