Bothauctionandexpressionsofinterestareinregularuseacross Stonnington,withexpressionsofinterestincreasinglyfavoured bymanyagentsatthispointinthecycle.Pricingdiscipline continuestobethesinglegreatestdeterminantofoutcome: homesbroughttomarketinlinewithgenuinevalueareselling, whilethosepositionedaheadofthemarketfaceafarmore protractedcampaign.Thereisnoparticularstyleorpricebracket leadingdemand;rather,itisaccuratepricingthatseparatesa strong resultfrom a stalled campaign.
Turnkeyhomesclosetoamenitiesareperenniallypopular,though buyersarediscerning,weighingnotonlythequalityofabuildor renovationbutalsothedesignandfloorplanonoffer.Activityon thebuyersideisled byowner-occupiersratherthaninvestors, whilevendorsaretypicallymotivatedbyacleardriverbeyond pricealone,includinglifestylechange,deceasedestatesand familiesupgradingwhileconditionsfavourthemove.Manyon bothsidesareexpectedtowaitforgreatercertaintyfollowingthe Novemberelectionbeforecommitting,withsentimentlikelyto respond once the outcome becomes clear.
