Local buyers active in June
If the sales results of our team at Barry Plant Thomastown are anything to judge by, the property market in the northern corridor appears to have kicked off the start of Winter with a genuine burst of activity.
From a general perspective, Victoria’s property market is continuing to find its footing in 2026. Improving affordability, strong buyer demand, and an ongoing shortage of available property for sale is shaping a market that offers opportunities on both sides of the transaction.
For buyers, sellers and investors, the fundamentals remain encouraging as our state continues to attract population and economic growth.
At a local level, we are seeing a continuation of the strong demand that we summarised in LAST WEEK'S ARTICLE. One prime example of this buyer confidence can be seen in our recent sale of the two-bedroom unit pictured above.
Offering a combination of easy-care low maintenance living and a high degree of everyday convenience, 6/17 French Street in Thomastown attracted enquiries from a mix of first home buyers, investors and local downsizers, with an excited market entrant negotiating the successful offer during the week.
The local rental market also remains a key strength. Tight supply and rising rents are reinforcing the appeal of property investment as a long-term strategy for those keen to secure their financial outlook.
Looking ahead, Melbourne’s combination of relative affordability, strong population growth and increasing demand for housing positions our market for ongoing growth in the future.
As always, our team at Barry Plant Thomastown are always available to advise and assist you in achieving your property goals, so feel free to reach out for answers to any property-related questions that you may have by calling 9466 3233.
In the meantime, we hope you have a safe and enjoyable long weekend.
Regards,
Con Constantinou
Barry Plant Thomastown
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