One of the first qualities we try and instil in our kids. The ability to hang in there; to bounce back against adversity; sometimes it’s the fight we find within ourselves to just keep on going.

Well, I think we can be very proud of the resilience of our Melbourne real estate market over the last month or so! Many said that once the market was tested with rising stock levels, prices may drop and clearance rates would capitulate. But it seems that the suburbs in and around the east and north of Melbourne have resisted the 20% plus rise in listing levels and clearance rates have continued to hover around 70%. We are still seeing, even today, prices $100,000 and even nearly $200,000 above expectation. Quality properties, particularly in quality locations are still very much in demand.

It would seem like we are heading into a balanced market where vendors can sell, providing the price they set is reasonable and buyers will have more choices, allowing them to buy if they can stave off the competition. It’s a predictable market and one that is seen as fair for both buyer and seller. The barometer agents and analysts use to define the market balance is the auction clearance rate and 70% is often referred to as the fulcrum where the see-saw is tipped in neither direction.

It is also a market where people decide to move, not because they must…… but because they want to. It’s a chance to upgrade, to follow your dreams to a new location or even a completely new lifestyle.

At Barry Plant Manningham, we love helping make peoples’ dreams come true. So, if you’re ready to talk to us about a move, we’re ready to listen!!

After all, that’s what we do. We’re just people helping people at an exciting time of their lives.

Please see below our impressive sales for the week!

• 27 Lilian Street, BULLEEN sold for $2,100,000
• 5 Wattamolla Ridge, DONVALE sold for $2,018,000
• 37 Kenilworth Parade, IVANHOE sold for $2,000,000
• 160 Mountain View Parade, ROSANNA sold for $1,910,000
• 7 Yallaroo Court, DONCASTER EAST sold for $1,899,000
• 17 Clancys Lane, DONCASTER sold for $1,650,000
• 1 Hodgson Street, TEMPLESTOWE LOWER sold for $1,620,000
• 16 Lauri Ann Street, TEMPLESTOWE LOWER sold for $1,600,000
• 36 Baird Street South, DONCASTER sold for $1,580,000
• 5 Crofton Terrace, DONCASTER EAST sold for $1,500,000
• 1/25 Leura Street, DONCASTER EAST sold for $1,570,000
• 1/46 Coventry Street, MONTMORENCY sold for $1,490,000
• 6/3-5 Skeffington Street, BELLFIELD sold for $850,000
• 5/27 Dryden Street, DONCASTER EAST sold for $810,000
• 2/3-5 Skeffington Street, BELLFIELD sold for $680,000
• 17 Harrison Street, RINGWOOD sold for $629,000
• 18 Calrossie Avenue, MONTMORENCY sold!

Currently under offer and will be sold soon!

• 1/136 Parker Street, TEMPLESTOWE
• g23/210 Reynolds Road, DONCASTER EAST
• 15 Gaffney Street, COBURG
• 10 One Tree Hill, DONVALE
• 2/22 Sunhill Road, TEMPLESTOWE LOWER
• 5 Homestead Road, WONGA PARK
• 308/1 Mitcham Road, DONVALE
• 16 Maralee Place, DONCASTER
• 1/13 Mines Road, RINGWOOD EAST
• 79 Jolimont Road, FOREST HILL
• 204/1-3 New Street, RINGWOOD
• 26 Orchard Avenue, ELTHAM NORTH
• 17 Arthur Street, BUNDOORA
• 4 Kiah Mews, ELTHAM
• 202/30 Bush Boulevard, MILL PARK
• 73 Reichelt Avenue, MONTMORENCY
• 19 Parsons Road, ELTHAM
• 46 Weidlich Road, ELTHAM NORTH
• 10 Glen Gully Road, ELTHAM NORTH