FEATURE PROP ERTY
Malvern
STONNINGTON MARKET REVIEW WITH DEAN GILBERT
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. JANUARY - MARCH 2026 224
PROPERTY HIGHLIGHT
40 ELLERSLIE PLACE TOORAK
A 3 B 2 C 2 E 269 approx. Sold at auction for $2,011,000 with 4 bidders
11 HORNBY STREET WINDSOR
A 3 B 2 C 2 E 312 approx.
