MARKET
UPDATE REPORT
BOROONDARA
FEATURE PROP ERTY
ROAD, GLEN IRIS
BOROONDARA MARKET REVIEW WITH YILI MA
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
$2,425,014 $2,636,056 $10,500,000 $387,500,288
11 NERISSA STREET GLEN IRIS
A 5 B 5 C 2
Sold for in Excess of $3,700,000
22 PEPPIN STREET
A 5 B 3 C 2
Sold for in Excess of $3,400,000
Spectacular 58-square contemporary residence delivering multi-generational family luxury with five bedrooms and five bathrooms. Expansive open-plan living with Escea fireplace and gourmet Smeg kitchen with butler’s pantry flows to alfresco entertaining overlooking a landscaped north-east garden and solar-heated pool. Palatial main suite, home theatre, study/guest room, retreat and double garage.
Beautifully renovated c1930s solid brick family residence with no heritage overlay, showcasing period elegance and contemporary style. Features 5 bedrooms, multiple living zones, gourmet Miele kitchen, pool and spa, and expansive entertaining deck. Quiet cul-de-sac location near Camberwell Junction, transport, parks and leading schools.
