FEATURE PROP ERTY
STONNINGTON MARKET REVIEW WITH FIONA ANSELL-JONES
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
$2,538,999 $2,694,130
$153,565,388
PROPERTY HIGHLIGHT
8 GRACE STREET
MALVERN
A 4 B 3 C 3
Sold at Auction
BAR SOPHIA
AN ATHENIAN FEVER DREAM
Bar Sophia is a neighbourhood wine bar where unfussy woodfire cooking meets the ease and generosity of Greek hospitality.
“Cambourne” c1910.
A masterfully renovated c1910 Edwardian featuring 4 bedrooms, a study, and luxury living zones. Highlights include a chef's kitchen, wine cellar, and lush northeast gardens with a pool, spa, and a versatile guest pool house. Modern period elegance.
161 BURKE ROAD, GLEN IRIS
Open Hours: Tuesday-Sunday 12pm - Late
