$19 Million Sold This Week — A Market of Opportunity for Those Ready to Act
It’s been another productive week across Barry Plant Eastern Group, with $19 million in unconditional sales and a further 14 properties under offer.
While market conditions remain challenging, we’re seeing some encouraging signs.
Properties priced correctly are attracting genuine interest, often from multiple buyers, with many achieving a sale within 30 days.
Buyers remain selective and price-conscious, but they’re certainly active and prepared to make decisions when the right opportunity presents itself.
A Sense of Urgency Before Christmas
We’re noticing increased urgency among buyers wanting to purchase and settle before the end of 2026.
These buyers are actively inspecting, negotiating and making offers. They’re also doing their homework, comparing properties and making offers at fair value.
One Team. More Buyers. More Opportunities.
One of our greatest strengths at Barry Plant Eastern Group is the way our five offices work together.
We’re not simply relying on property portal enquiries.
Our agents are actively sharing buyers across municipalities, following up open-for-inspection attendees and introducing qualified purchasers to properties they may not have otherwise considered.
In today’s evolving market, this proactive approach is making a real difference, creating more opportunities for buyers and delivering stronger outcomes for our sellers.
It’s not just about how many buyers enquire. It’s about how effectively we work with the buyers we already have.
This Week’s Sales
Our 15 unconditional sales totalled more than $19 million, with some excellent results across Melbourne’s eastern suburbs.
- 10 Lowan Avenue, Templestowe Lower sold for $2,350,000
- 6 Rivulet Place, Warrandyte sold for $2,330,000
- 11 Little Valley Road, Templestowe sold for $2,050,000
- 8 Bellbird Place, Warrandyte sold for $1,950,000
- 66 Bourke Street, Bulleen sold for $1,390,000
- 16 Grevillea Road, Doncaster East sold for $1,235,000
- 2/42 Bowen Road, Doncaster East sold for $1,225,000
- 7 Peter Street, Doncaster East sold for $1,150,000
- 277 Bolton Street, Eltham sold for $950,000
- 8 Sloans Road, Warrandyte sold for $845,000
- 1/5 Moresby Street, Mitcham sold for $845,000
- 2A Heather Grove, Ringwood sold for $730,000
- 1/137 Manningham Road, Bulleen sold for $725,000
- 10 Neville Street, Mooroolbark sold for $620,000
- 1/8 Kirk Street, Ringwood sold for $615,000
Properties Under Offer
- 207/9 Red Hill Terrace, Doncaster East
- 24 Manningham Road, Bulleen
- 15 Frederick Street, Bulleen
- 40 Rocklea Road, Bulleen
- 3/4 Judith Court, Doncaster
- 36/81-97 Mitcham Road, Donvale
- 3/320 Maroondah Highway, Ringwood
- 17 York Avenue, Ivanhoe East
- 170 Rosanna Road, Rosanna
- 2/158 Banksia Street, Ivanhoe
- 3/65 The Righi, Eaglemont
- 9 Baloo Court, St Helena
These results follow close to 90 reported sales across our group last month, reflecting the consistent effort being made by our teams.
Investors Taking a Longer-Term View
Our Property Management division, managing more than 6,000 rental properties, is also beginning to see renewed interest from investors.
Stronger rental yields and more attractive buying opportunities are encouraging some investors to return to the marketplace.
The conversations we’re having are increasingly focused on long-term capital growth, rental returns and positioning portfolios for the next five to ten years.
It’s a measured approach, with investors looking beyond short-term market movements and focusing on the opportunities the next property cycle may present.
Successful results aren’t simply happening because properties are listed. They’re being achieved through careful pricing, proactive buyer management, consistent follow-up and skilled negotiation.
I’m particularly proud of the way our Eastern Group team continues to work together, sharing opportunities and going the extra mile for our clients.
It’s a privilege to represent our sellers and help them navigate these changing conditions.
Spiro Drossos
Managing Director,
Barry Plant Eastern Group — experience matters. The safer choice in this market.
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