A Balanced and Predictable Market Creates Opportunity for All
With 20 sales in the last 7 days and a further 19 properties currently under offer, June has finished stronger than many expected and the signs are encouraging as we move into the second half of the year.
One of the most positive developments we are seeing is the consistency of buyer activity. Inspection numbers have become steadier and more predictable, auction attendance is improving, and more buyers are actively participating in the market.
What is driving this activity is not necessarily increased confidence, but greater predictability. Buyers remain disciplined and selective; however, they are recognising the improved value available in today’s market. Many properties that may have been out of reach 6 to 12 months ago are now within reach, creating opportunities for families, upsizers and investors to secure better homes and better lifestyles for their money.
This greater sense of certainty is helping both buyers and sellers make informed decisions. Positive news overseas, combined with interest rates remaining on hold locally, has also contributed to a more stable environment for those considering their next move.
For our sellers, having access to active buyers has never been more important. Barry Plant Eastern Group continues to benefit from having the largest sales and property management team in Melbourne’s eastern suburbs, providing our clients with access to an extensive database of genuine buyers and investors who are actively purchasing property.
More importantly, these buyers are not just enquiring — they are inspecting properties, making offers and engaging with the market. The depth of our buyer database and the activity generated across our network creates a significant advantage for our vendors, helping generate stronger enquiry levels, more buyer engagement and ultimately better opportunities to achieve a successful sale.
While no market is ever perfect, today’s conditions are creating opportunities for both buyers and sellers. Buyers are finding greater value, sellers are benefiting from increased buyer activity, and both are operating in a market that is far more predictable than it has been for some time.
A predictable market is a healthy market. It allows people to plan ahead, make confident decisions and move forward with certainty. When buyers and sellers can see the path ahead more clearly, opportunity follows.
Recent Sales:
- 7 Blair Street, Doncaster sold for $2,125,000
- 34 Taunton Street, Doncaster East sold for $1,720,000
- 2 Aquarius Court, Donvale sold for $1,681,000
- 8 Lime Court, Bellfield sold for $1,515,000
- 50 Canopus Drive, Doncaster East sold for $1,307,000
- 65 Creek Road, Mitcham sold for $1,270,000
- 25 Baratta Street, Doncaster East sold for $1,262,000
- 4 Catherine Avenue, Doncaster East sold for $1,220,000
- 21 Airds Road, Templestowe Lower sold for $1,190,000
- 79 Bowen Road, Doncaster East sold for $1,100,000
- 274 Wantirna Road, Wantirna sold for $950,000
- 1/21 Flinders Street, Heidelberg Heights sold for $915,000
- 42 Daisy Street, Heathmont sold for $868,500
- 1009/20 Hepburn Road, Doncaster sold for $665,000
- 405/2 Tweed Street, Hawthorn sold for $616,000
- 410/101 Tram Road, Doncaster sold for $483,000
- U2, Level 1/452 Waterdale Road, Heidelberg Heights sold for $425,000
- 19 Amersham Drive, Warrandyte sold!
- 50 Riverview Terrace, Bulleen sold!
- 2/39-41 Victoria Street, Box Hill sold!
Following properties now under offer:
- 3/56-58 Greenhill Road, Greensborough
- 2/45 View Hill Crescent, Eltham
- 28 Meruka Drive, Eltham
- 10 Menzies Road, Kangaroo Ground
- 7/141 Main Road, Lower Plenty
- 157 Weidlich Road, Eltham North
- 15 Cooks Crescent, Warrandyte North
- 37 Marie Avenue, Heidelberg Heights
- 8 Milton Close, Warrandyte
- 16 Oban Road, Donvale
- 8 Fossikers Way, Warrandyte
- G08/330 Manningham Road, Doncaster
- 3/22 Sunhill Road, Templestowe Lower
- 8/70 Hewish Road, Croydon
- 11 Larnoo Drive, Doncaster East
- 201/ Bellevue Avenue, Doncaster East
- 13/233 Station Street, Fairfield
- 5/596-598 Middleborough Road, Blackburn North
- 2 Recess Concourse, Mooroolbark
Spiro Drossos
Managing Director,
Barry Plant Eastern Group
Our offices include:
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