Australia Day Momentum: 2026 Kicks Off Strong
As we move through the Australia Day long weekend, the property market across Melbourne’s eastern suburbs continues to show encouraging momentum.
January has delivered a very strong start to 2026, with solid buyer activity and consistent enquiry levels right across the market. Despite this traditionally being a quieter holiday period, buyers are active, motivated, and ready to act.
One of the defining features of the current market is low property availability. Quality homes are standing out, and when the right property comes to market, it is attracting genuine attention. Buyers are well-researched, decisive, and keen to secure a purchase sooner rather than later, rather than waiting for more choice that may not materialise.
This imbalance between supply and demand is allowing well-presented properties to truly shine. We are seeing buyers move quickly, engage confidently, and in many cases make strong decisions early in the campaign.
From a seller’s perspective, this creates a favourable environment. Fewer homes on the market mean less competition, more focused buyer attention, and stronger engagement from buyers who are keen to act decisively.
Overall, January has set a very positive tone for the year ahead. If this momentum continues, 2026 is shaping up to be a stable and well-balanced market—one where preparation, timing, and the right strategy will make all the difference.
If you’re considering your next move, now is an ideal time to start the conversation and plan ahead.
See below for this week’s impressive sales results:
- 31 Banool Quadrant Doncaster East sold for $1,750,000
- 6 Satelberg Court, Heidelberg West sold for $900,000
- 38/745-751 Boronia Road, Wantirna sold for $825,000
- 16/51 Dresden Street, Heidelberg Heights sold for $720,000
- 8/14-16 Masons Road, Blackburn sold for $695,00
- 141 Wantirna Road, Ringwood sold for $670,000
- 103/358 Canterbury Rd Surrey Hills sold for $660,000
- G08/200 Reynolds Rd, Doncaster East sold for $510,000
- 106/1042 Doncaster Road, Doncaster East sold for $485,500
- 311/1 Grosvenor Street, Doncaster sold for $402,000
- 39/78 Manningham Road, Bulleen sold!
Currently under offer and will be sold soon:
- 3 Wakefield Close, Eltham North
- 55 Morotai Street Heidelberg West
- 7 Mincha Avenue, Lower Templestowe
- 6 Tadema Crescent, Eltham
- 31/123 Main Road, Lower Plenty sold for
- 50 Thompsons Crescent Research
- 1/3 Leeds Street Doncaster East
- 10 Yaraleen Place Bulleen
- 7 Mincha Avenue Lower Templestowe
- 221/15-21 Harrow Street Box Hill
- 1/21 McGhee Street Mitcham
- 1/43 Lyndhurst Crescent Box Hill North
Spiro Drossos
Managing Director, Barry Plant Eastern Group
Proudly servicing Manningham, Whitehorse, Eltham, Ivanhoe & Balwyn