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David Volpato Market Update Report

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FEATURE PROP ERTY

STONNINGTON MARKET REVIEW WITH DAVID VOLPATO

Stonnington continues to favour auction as the preferred method of sale, with buyers responding to transparency, clear competition and the urgency that an on-market campaign creates. Period homes in good condition remain highly soughtafter, alongside turnkey properties where buyers can move straight in and avoid the cost and uncertainty of major works. We are seeing more negotiation around guidance, as some vendors rely on self-research rather than current, suburb-level data when setting pricing and campaign strategy.

Buyer priorities remain consistent: a premium position close to schools, village amenities, parkland and transport, plus a layout that supports modern living. Renovation avoidance is a strong driver, reflecting ongoing sensitivity in construction costs and timelines. Over the year ahead, growth is expected to be steady, with the most reliable outcomes for vendors who meet the market on price and leverage strong presentation and a clear strategy to convert enquiries into competitive bidding.

PROPERTY HIGHLIGHT

15 KARDELLA STREET

MALVERN EAST

A 5 B 3 C 2 E 631 approx.

Sold

PROPERTY HIGHLIGHT

50 ARDRIE ROAD

MALVERN EAST

A 4 B 3 C 1 E 351 approx.

Sold

Parkside prestige between Hedgeley Dene and Central Park, this north-facing family home delivers grand proportions, dual-level zoning and a sunlit poolside setting, moments from every possible amenity. Land size: 631sqm approx.

As featured in the Design Files, this captivating 4-bedroom 3bathroom Victorian residence was brilliantly transformed in c2023 to create a breathtaking family domain. Land size: 351sqm approx.

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