What Will 2026 Bring to the Property Market?

As we move into 2026 following a very strong finish to 2025, the early signs across Melbourne’s eastern and north-eastern suburbs are encouraging.

The Barry Plant Eastern Group has started January with real momentum, already recording 31 unconditional sales, with many more properties currently under offer and progressing through negotiations. This level of early-year activity is a clear indicator of confidence in the market and provides a strong foundation for the first half of 2026.

A More Stable and Predictable Market

The outlook for 2026 is a stable and well-balanced property market. After several years of fluctuating conditions, the market is now operating with greater consistency. Buyers are making informed decisions, and sellers are approaching the market with clearer expectations around pricing and timing.

This shift is creating a more predictable environment, where quality homes that are well presented and correctly priced continue to perform strongly.

Moderate Growth in Key Suburbs

For the first half of 2026, I expect moderate and sustainable growth across many eastern and north-eastern suburbs. Areas with strong fundamentals — including quality school zones, established infrastructure, and lifestyle amenities — are likely to lead the way.

Family-oriented suburbs and locations offering proximity to transport, shopping, and education remain highly sought after, supporting ongoing demand and market stability.

A Positive Outlook for 2026

With such a strong start to January, the outlook for 2026 is positive. Stability and steady growth are shaping the market, offering clarity and confidence for those considering their next move.

As always, careful planning, experience, and a clear strategy will be key to achieving strong outcomes in the year ahead.

We are here to help and look forward to working with you

See below for this week’s impressive sales results:

• 24 Homestead Road, Wonga Park $2,421,000
• 30 Pigeon Bank Road, North Warrandyte sold for $1,900,000
• 40 research Warrandyte Road, Research sold for $1,600,000
• 28 Murphy Road, Doncaster East sold for $1,551,000
• 20 Dobell Street, Blackburn South sold for $1,495,000
• 5 Sherwood Court, Doncaster East sold for $1,380,000
• 6 Bernice Street, Doncaster sold for $1,318,000
• 12A Ellin Street, Doncaster East sold for 1,280,000
• 77 Blackburn Road, Doncaster East sold for $1,270,000
• 2/6 Boronia Grove, Doncaster East sold for $1,185,000
• 4/15 Glendale Avenue, Templestowe sold for $1,180,000
• 2/2 Linden Road, Ringwood North sold for $1,135,000
• 4 Harrison Street, Bellfield sold for $1,280,000
• 219 Bolton Street, Eltham sold for $1,070,000
• 5 Sheok Crescent, Doncaster East sold for $970,000
• 15 Bage Street, Diamond Creek sold for $810,500
• 6/969-971 Canterbury Road, Box Hill sold for $800,000
• 5/94 Brice Avenue, Mooroolbark sold for $770,000
• 1 Waterhaven Place, Doreen sold for $760,000
• 227a Para Road, Greensborough sold for $700,000
• 25 Branch Street, South Morang sold for $670,000
• 1/23-25 Bedford Road, Ringwood sold for $593,000
• 315/210 Reynolds Road, Doncaster East for sold $592,000
• 27/1 Bellevue Avenue, Doncaster East sold for $582,000
• 503/7 Berkeley Street, Doncaster sold for $521,000
• 215/55-65 Railway Road, Blackburn sold for $383,000
• 14 Ben Nevis Grove, Bulleen sold!
• 21 Westwood Drive, Bulleen sold!
• 72 Mullum Mullum Road, Ringwood sold!
• 27 Dunlavin Road, Mitcham sold!
• 3/15 Lisbeth Avenue, Donvale sold!

Currently under offer and will be sold soon:

• 20 Heacham Road, Eltham
• 3/1104 Main Road, Eltham
• 50 Thompson Cresent, Research
• 50 Thompsons Crescent, Research
• 2/4 Judith Court, Doncaster
• 28 Murphy Road, Doncaster East
• G08/200 Reynolds Road, Doncaster East
• 2/24 Moresby Avenue, Bulleen
• 72 Mullum Mullum road, Ringwood
• 1/3 Leeds Street, Doncaster East
• 12 Andromeda Way, Templestowe Lower
• 10 Yaraleen Place, Bulleen
• 39/78 Manningham Road, Bulleen
• 311/1 Grosvenor Street, Doncaster
• 66 King Street, Yarra Glen
• 8/14-16 Masons Road, Blackburn
• 215/55-65 Railway Road, Blackburn
• 103/358 Canterbury Road, Surrey Hills

Spiro Drossos

Managing Director, Barry Plant Eastern Group

Proudly servicing Manningham, Whitehorse, Eltham, Ivanhoe & Balwyn