As we bounce into the Easter long weekend, we can look back at the first few months of 2024 and clearly see the resilience of the Melbourne real estate market.

Increasing stock levels, cost of living pressures and a raft of interest rate increases has yet to see the Melbourne auction clearance rates duck under 70%. High quality properties, particularly those anchored in sought after school zones, are defying these pressures and are often leaving our vendors amazed at the price level they reach. Having said that, it's not every property that has a runaway result. Buyers have enough choice it seems where the most popular properties in each price segment are doing well, whilst others sometimes need to wait to get their sale. It’s all part of what agents call a balanced market.

As we head into the middle of the year, people sometimes put off the idea of selling preferring to wait until the weather warms up. This will often lead to less property on the market which is obviously more favourable when you’re looking to sell.

There is no “right time to sell” which fits everyone but the cooler months can actually bring about stronger selling conditions and better prices.

If you need some help navigating the best time to make your move, the team at Barry Plant are always happy to help. Why wouldn’t we be? We’re just people in the business of helping people move to where they want to go!

Please see below our impressive sales for the week!

• 21 Parkville Place, Donvale sold for $1,928,000
• 174 Blackburn Road, Doncaster East sold for $1,900,000
• 21 Lawford Street, Doncaster sold for $1,650,000
• 18 Magpie Court, Diamond Creek sold for $1,640,000
• 71 Helene Street, Bulleen sold for $1,600,000
• 16 Glenda Street, Doncaster sold for $1,615,000
• 28 Romilly Avenue, Templestowe Lower sold for $1,500,000
• 4 Pine Hill Drive, Doncaster East sold for $1,500,000
• 1 Regina Court, Eltham sold for $1,480,000
• 20 Alfred Street, Templestowe Lower sold for $1,465,000
• 7 Cygnet Avenue, Templestowe Lower sold for $1,452,000
• 29 Ironbark Drive, Lower Templestowe sold for $1,450,000
• 3 Christine Street, Viewbank sold for $1,364,000
• 18 Balmoral Avenue, Templestowe Lower sold for $1,345,000
• 4 Bedford Court, Doncaster East sold for $1,328,000
• 21 Marjorie Close, Bulleen sold for $1,128,000
• 5 Cygnet Avenue, Templestowe Lower sold for $1,052,000
• 6 Pivot Place, Mill Park sold for $930,000
• 7/1 Lakeview Terrace, Templestowe Lower sold for $905,000
• 208 St Helena Road, Greensborough sold for $955,000
• 3/120 Severn Street, Box Hill North sold for $710,000
• 301/5 Red Hill Terrace, Doncaster East sold for $690,000
• 1/60 Chippewa Avenue, Donvale sold!
• 1/489 Waterdale Road, Heidelberg sold!
• 18 Cheverton Road, Lower Plenty sold!
• 46 Bible Street, Eltham sold!
• 6 Swansfield Court, Warrandtyte sold!

Currently under offer and will be sold soon:

• 129 Westering Road, Christmas Hills
• 31 Tamboon Drive, Rowville
• 468 Grinshaw Street, Bundoora
• 1/489 Waterdale Road, Heidelberg West
• 9 Eric Avenue, Lower Templestowe
• 3/113 King Street, Templestowe
• 7/27 Mount Pleasant Road, Nunawading
• 1 Flinders Street, Mitcham

Spiro Drossos

Managing Director

Barry Plant Eastern Group