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Confidence Returns as Buyers Step Back Into the Market

16 August 2025
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The Barry Plant Eastern Group team has enjoyed another fantastic week of results, capped off with terrific auction outcomes today. Confidence is well and truly back in the air, helped by the latest interest rate drop earlier this week.

This renewed optimism is sparking strong activity across all buyer segments:

  • Family homes remain in high demand, with competitive bidding showing just how determined buyers are to secure quality properties before the spring rush.
  • First-home buyers are returning with confidence, eager to take advantage of the stabilising market conditions and secure their piece of the property ladder.
  • Lifestyle and acre properties are drawing impressive crowds, with our VIP open for inspections today seeing strong turnouts in the premium sector.

It’s clear that the momentum is building as we head into spring. For sellers, now is the perfect time to prepare your property for the market. For buyers, we have a strong pipeline of homes coming soon—many of which can be matched to you before they even hit the internet.

We look forward to seeing you at an upcoming open home or auction. If you’re at one of our events, please come up and say hello—we’d love to meet you.

See below for this week’s impressive sales results:

  • 8 Treevalley Drive, Doncaster East sold for $2,260,000
  • 10 Serenity Court, Vermont South sold for $1,830,000
  • 10 Gillies Street, Mitcham sold for $1,614,00
  • 3/22 Sunhill Road, Templestowe Lower sold for $1,360,000
  • 20 Birchwood Avenue, Templestowe Lower sold for $1,300,000
  • 2/162 Springfield Road, Blackburn sold for $1,260,000
  • 1 Byrne Crescent, Watsonia North, $955,000
  • 2/339 High Street, Templestowe Lower sold for $900,000
  • 19/4 Gambier Avenue, Templestowe Lower sold for $855,000
  • 4 Mintleaf Grove, Mitcham sold for $850,000
  • 1/94-96 Mount Pleasant Road, Nunawading sold for $805,000
  • 530B/1 Colombo Street, Mitcham sold for $415,000
  • 701/101 Tram Road, Doncaster sold for $408,000
  • 2 Lynnwood Parade, Templestowe Lower sold!
  • 302/600 Doncaster Road, Doncaster sold!

Currently under offer and will be sold soon:

  • 24/43 Railway Parade, Eltham
  • 102 Lloyd Street, Heidelberg Heights
  • 476 Waterdale Road, Heidleberg Heights
  • 501/525 Mt Alexander Road, Moonee Ponds
  • 3 Maringa Street, Bulleen
  • 4/30 Doyle Street, Bulleen
  • 14 Anthlin Court, Templestowe
  • 24 Lilian Street, Bulleen
  • 10 Marcel Court, Ringwood North
  • 79 Holland Road, Blackburn South
  • 57 Quarry Road, Mitcham
  • 4/206 High Street, Templestowe Lower
  • 7 Montana Avenue, Boronia

Spiro Drossos

Managing Director, Barry Plant Eastern Group

Proudly servicing Manningham, Whitehorse, Eltham, Ivanhoe & Balwyn

16 August 2025
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