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News Post-Election Clarity Fuels Buyer Confidence Across Melbourne’s East

Post-Election Clarity Fuels Buyer Confidence Across Melbourne’s East

10 May 2025
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The dust has now settled following last weekend’s federal election, and while political preferences may vary, one thing remains consistent: clarity brings confidence. With a clear direction now set, many buyers and sellers have returned to the market with a renewed sense of purpose—and that’s exactly what we’ve started to see on the ground this week across the Barry Plant Eastern Group network.

There’s been no shortage of media commentary over the past few days forecasting a rise in Melbourne property prices and a more optimistic future for real estate in general. While it’s always wise to take headlines with a grain of salt, these forecasts are starting to mirror what we’re witnessing firsthand at open homes and auctions.

This past week, we’ve seen stronger attendance, better-quality buyer conversations, and a greater willingness from serious purchasers to put pen to paper. The market isn’t booming—yet—but it’s certainly building momentum. Importantly, buyers are making decisions faster and with more confidence, encouraged by the stability a federal decision brings and growing sentiment that now may be a good time to act before the next wave of competition enters the market.

The Barry Plant Eastern Group continued to lead the way with strong results across our offices. From family homes to downsizer units and acreage lifestyle properties, activity has picked up noticeably. In many cases, properties that had been attracting steady interest pre-election received offers shortly after polling day—an early indicator of how much impact buyer confidence can have.

If you’re considering a move, now may be the window of opportunity to capitalise on early momentum. The buyers are out there—and they’re ready to act.

Speak with your local Barry Plant Eastern Group team to find out how we can help you take the next step.

See below for this week’s impressive sales results.

  • 14 Linden Street, Blackburn sold for $2,800,000
  • 8 Serenity Court, Vermont South sold for $1,580,000
  • 6 Serenity Court, Vermont South sold for $1,580,000
  • 8 Daisy Street, Warranwood sold for $1,490,000
  • 82 Tunstall Road, Donvale sold for $1,455,000
  • 7 Grace Court, Mitcham sold for $1,441,000
  • 1 Adelyn Avenue, Donvale sold for $1,165,000
  • 1/345 High Street, Templestowe Lower sold for $1,125,000
  • 136 Swanston Street, Templestowe Lower sold for $1,117,500
  • 23 Marchiori Road, Blackburn North sold for $1,035,000
  • 21 Richard Street, Doncaster East sold for $998,000
  • 10 Ian Avenue, Ringwood East sold for $905,000
  • 2/115 Surrey Road, Blackburn North sold for $651,000
  • 1/2 Vine Street, Heidelberg sold for $635,000
  • G9/5 Red Hill Terrace, Doncaster East sold for $580,000
  • 4 Orchard Grove, Warrandyte sold!
  • 14 Batskos Drive, Warrandyte sold!
  • 111/210 Reynolds Road, Doncaster East sold!
  • 39 Boyd Street, Doncaster sold!
  • 27A Churchill Street, Doncaster East sold!

Currently under offer and will be sold soon:

  • 51-69 Black Gully Road, Diamond Creek
  • 2/15 Grove Street, Eltham
  • 20 Fairdell Crescent, Hurstbridge
  • 2/20 Sylvan Street, Montmorency
  • 1/54 Metery Road, Eltham
  • 1/7 Glover Street, Heidelberg Heights
  • 8/2-4 Acacia Court, Ringwood
  • G18/210 Reynolds Road, Doncaster East
  • 6 Durham Road, Kilsyth
  • 18-20 Drayton Crescent, Park Orchards
  • 4/382-384 High Street, Templestowe Lower
  • 2/146-148 High Street, Melton
  • 78 Canopus Drive, Doncaster East
  • 207/3 Tannock Street, Balwyn North
  • 3/199 Mitcham Road, Donvale
  • 5/49-51 Heathmont Road, Ringwood
  • 4 Barnesdale Drive, Vermont

Spiro Drossos

Managing Director, Barry Plant Eastern Group

Proudly servicing Manningham, Whitehorse, Eltham, Ivanhoe & Balwyn

10 May 2025
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