Buyer Market Confidence Reignited Across the Eastern Suburbs
There’s no doubt about it – momentum is building, and the market is stirring with renewed energy. Over the past 30 days, the Barry Plant Eastern Group has met with close to 3,000 active buyers, each bringing with them a noticeable shift in mindset. There’s a new sense of confidence in the air – optimism about the economy and stability around interest rates has reignited property searches, and buyers are back in full swing.
This marks a clear turning point from the cautious, wait-and-see approach we’ve seen in recent years, particularly post-COVID. For too long, many prospective buyers have watched the market from the sidelines, closely monitoring interest rates, inflation data, and broader economic trends. But the tide has turned – and we’re seeing it firsthand across every sector of the market.
Key indicators are pointing in the right direction:
- Auction attendance and open for inspection numbers have surged, with a significant uplift in genuine buyer engagement.
- Bidding activity is becoming more free-flowing, indicating stronger buyer intent and growing competition.
- Over 20 successful sales were secured just this past week, with nearly 100 sales achieved over the past 30 days – a testament to increasing market confidence and the strength of our sales team.
And this is just the beginning. As we head toward the spring market, we expect sales volumes to rise even further – forecasting 150 sales per month as both buyers and sellers gain clarity and reassurance in the market conditions.
For sellers considering their next move, the timing is aligning perfectly. With stronger buyer demand, well-attended opens, and strategic campaigns driven by the area’s No. 1 real estate group*, your property will benefit from exceptional exposure and expert negotiation.
If you’ve been thinking about selling, don’t wait for the spring rush. The buyers are already here – and they’re ready. Partner with the team that continues to lead the Eastern Suburbs market with experience, results, and care.
See below for this week’s impressive sales results.
- 5 Capri Court, Doncaster sold for $1,640,000
- 38 Felix Crescent, Ringwood North sold for $1,550,000
- 46 Rosella Street, Doncaster sold for $1,550,000
- 78 Canopus Drive, Doncaster East sold for $1,408,000
- 5A Keir Avenue, Doncaster East sold for $1,405,000
- 4 Barnesdale Drive, Vermont sold for $1,300,000
- 49 Church Road, Doncaster sold for $1,255,000
- 20 Finlayson Street, Rosanna sold for $1,135,000
- 47 Lowan Avenue, Templestowe Lower sold for $1,038,000
- 2/10 Curlew Court, Doncaster sold for $1,000,000
- 2/15 Grove Street, Eltham sold for $930,000
- 4/382-384 High Street, Templestowe Lower sold for $905,000
- 45 Sasses Avenue, Bayswater sold for $864,600
- 1/54 Metery Road, Eltham sold for $822,500
- 47 Heatherdale Road, Ringwood sold for $730,000
- 6 Durham Road, Kilsyth sold for $715,000
- 5/49-51 Heathmont Road, Ringwood sold for $655,000
- G18/210 Reynolds Road, Doncaster East sold for $625,000
- 1/245 Williamsons Road, Templestowe sold for $612,000
- 207/3 Tannock Street, Balwyn North sold for $420,000
- 1/7 Glover Street, Heidelberg Heights sold!
Currently under offer and will be sold soon:
- 51-69 Black Gully Road, Diamond Creek
- 20 Fairdell Crescent, Hurstbridge
- 2/20 Sylvan Street, Montmorency
- 24 Davidson Street, Bellfield
- 4/118 Southern Road, Heidelberg West
- 2/5 Ceram Court, Heidelberg West
- 11 Midway Street, Heidelberg West
- 8/2-4 Acacia Court, Ringwood
- 18-20 Drayton Crescent, Park Orchards
- 2/146-148 High Street, Melton
- 5/382-384 High Street, Templestowe Lower
- 5 Valentine Street, Bulleen
- 215/373-377 Burwood Highway, Burwood
- 30 Ireland Avenue, Ringwood
- 9 Milner Close, Templestowe
- 1/22 Sunhill Road, Templestowe Lower
- 9 Cass Avenue, Croydon
- 201/37 Churchill Street, Doncaster East
- 3/199 Mitcham Road, Donvale
- 8/9-13 Percy Street, Mitcham
- 4 Panel Street, Mitcham
Spiro Drossos
Managing Director, Barry Plant Eastern Group
Proudly servicing Manningham, Whitehorse, Eltham, Ivanhoe & Balwyn
*Manningham office group