We’re Not Buying. We’re Waiting for the Market to Reach the Bottom
It’s one of the most common statements we hear from buyers.
“We’re going to wait until the market reaches the bottom before we buy.”
The challenge is that the market doesn’t ring a bell at the bottom.
Nobody knows exactly when prices have reached their lowest point until values have already started moving higher. By then, buyers are often looking back wishing they had acted sooner.
Property has always been a long-term investment. The greatest gains are rarely made by perfectly timing the market. They’re made by recognising value and acting when it presents itself.
Right now, that’s exactly what we’re seeing.
34 Sales in 7 days
The Barry Plant Eastern Group has achieved 34 sales in the past seven days, following one of our strongest months of the year with 100 sales in the last 30 days.
That doesn’t sound like a market in panic.
What we’re seeing is a market finding balance.
Buyers are more cautious, but when a property represents genuine value and fair market pricing, they are acting quickly.
At the same time, many sellers are becoming buyers themselves, creating confidence that they’re operating within the same market conditions on both sides of the transaction.
Perhaps this is what a new market looks like in 2026!
Not a boom market.
Not a crashing market.
A fair market.
One where buyers can identify value, sellers can achieve strong outcomes, and both can make decisions with greater certainty.
As we move into winter, we continue to work with a large number of qualified buyers ready to purchase.
The question may not be whether the market has reached the bottom.
The question may be whether today’s value will still be available once everyone agrees that it has.
Remarkable Results from the Last 7 Days
Property Sales:
- 25-31 Beauty Gully Road, Warrandyte sold for $1,910,000
- 10 Haddon Crout, Mitcham sold for $1,455,000
- 52 Purches Street, Mitcham sold for $1,280,000
- 25 Kitchen Road, Port Melbourne sold for $1,053,000
- 28 Barkly Terrace, Mitcham sold for $865,000
- 2/4 Arnold Avenue, Heidelberg Heights sold for $820,000
- 1406/639 Lonsdale Street, Melbourne sold for $552,000
- 6/28 Albion Street, Box Hill sold for $407,500
- 209/7 Berkeley Street, Doncaster sold for $360,000
- 25 Bamfield Close, Templestowe sold!
- 6 Chestnut Crout, Doncaster East sold!
Properties now under offer:
- 65 Thompsons Crescent, Research
- 3/56-58 Greenhill Road, Greensborough
- 2/45 View Hill Cresent, Eltham
- 78 Powell Street, Reservoir
- 82 Croydon Road, Croydon
- 15 Brassey Avenue, Rosanna
- 50 Riverview Terrace, Bulleen
- 12/765-767 Doncaster Road, Doncaster East
- 103/927 Doncaster Road, Doncaster East
- 8 Milton Close, Warrandyte
- 2/5 Blanche Court, Doncaster East
- 21 Airds Road, Templestowe Lower
- 19 Toulon Drive, Templestowe Lower
- 16 Oban Road, Donvale
- 3 Rowan Street, Doncaster East
- 33 Kenneth Street, Bulleen
- 17-19 Craithie Avenue, Park Orchards
- 1/919 Doncaster Road, Doncaster
- 82 Croydon Road, Croydon
- 410/42 Porter Street, Prahan
- 38 Aspinall Road, Box Hill North
- 42 Daisy Street, Heathmont
Spiro Drossos
Managing Director,
Barry Plant Eastern Group
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