How long will this unpredicted buyer demand and strong results last? It’s a question I am being asked at every auction and open for inspection.

Today we again witnessed massive open for inspection numbers. One of our open homes I attended had 75 buyers walk through in half an hour. I haven’t seen that level of activity since we were offering properties in and out of the lockdown periods during the height of the pandemic.

Auctions were again very well attended with multiple bidders working hard under competition to purchase their new home at all auctions.

At the moment we are seeing what seems like a delayed “spring rush” rather than an autumn market with buyers more confident about the future and the settling down of rate rises this year.

I look forward to keeping you updated.

Please see below our impressive sales for the week.

• 6 Yarra Brae Close, Wonga Park sold for $3,400,000
• 27 Capella Street, Balwyn North sold for $1,990,000
• 17 Barriedale Court, Eltham $1,335,000
• 22 Chippewa Avenue, Donvale sold for $1,241,800
• 2/13 Banyule Road, Rosanna sold for $1,190,000
• 26 Milborne Crescent, Eltham sold for $1,040,000
• 2/2 McLeod Street, Doncaster $930,000
• 225 Springvale Road, Nunawading sold for $821,000
• 401/7 Berkeley Street, Doncaster sold for $615,000
• 16/750 Doncaster Road, Doncaster sold for $260,000
• 6/750 Doncaster Road, Doncaster sold for $260,000
• 13 Beverly Hills Drive, Templestowe sold!

Currently under offer and will be sold soon:

• 33 Old Eltham Road, Lower Plenty
• 1/22 River Street, Briar Hill
• 2/927 Doncaster Road, Doncaster East
• 3/38 Cassowary Street, Doncaster East
• 5 Valentine Street, Bulleen
• 8 Cliveden Court, Templestowe
• G07/177 Blackburn Road, Doncaster East
• 305/2 Old Warrandyte Road, Donvale
• 3/70 Chippewa Avenue, Donvale
• 41 Bordeaux Street, Doncaster
• 45 Jumping Creek Road, Wonga Park
• 16/750 Doncaster Road, Doncaster
• 16 Cotswold Close, Vermont
• 201/6 Queen Street, Blackburn

Spiro Drossos

Managing Director

Barry Plant Eastern Group