MARKET UPDATE REPORT
BOROONDARA
BOROONDARA MARKET REVIEW WITH STUART EVANS
Demand remains consistent across Boroondara, with A-grade family homes in prized pockets continuing to attract the strongest competition. While buyers are operating with considered budgets following the recent rate rise, the adjustment has been absorbed well, and decision-making has remained disciplined rather than delayed. Stock quality is the key differentiator: renovated period homes and well-designed contemporary residences with functional floorplans, natural light and outdoor space are seeing the highest level of enquiry, particularly where schooling and transport align.
Investor interest is also increasing into early 2026, supported by improving rental conditions and Melbourne's relative value when compared with Sydney and Brisbane. Vendors are achieving their best outcomes when pricing is market-aligned from day one and campaigns are structured to build momentum early. Looking ahead, conditions point to a steady, balanced market, with consistent results for homes that present well, sit in blue-chip locations and meet the lifestyle brief buyers are prioritising.
JANUARY - MARCH 2026 479 147
$2,435,014 $2,636,056 $10,500,000 $387,500,288
A 4 B 3 C 2
Sold in excess of $3,600,000
7 GILLMAN STREET HAWTHORN EAST
A 3 B 2 C 1
Sold in excess of $1,900,000
We welcomed over 60 buyer groups, highlighting the strong demand for high-quality family properties in this tightly held pocket. Originally scheduled as an Expressions of Interest campaign, the level of engagement and competitive interest allowed us to transition to a private auction. The result was a fantastic contest between three committed bidders, delivering an outstanding outcome for our client.
This property appealed to a broad range of buyers thanks to its highly functional and flexible floorplan. The campaign generated strong interest, with more than 80 groups inspecting the home with the eventual purchaser securing the property for just under $2 million.
