There’s a lot of property news circulating right now, with plenty of speculation about the next 12 months. Media attention is firmly on the proposed interest rate drop next week—something that’s already fuelling more confidence in the property market.

At a local level, we’re seeing strong buyer numbers for properties that are well positioned—close to shops, schools, and parkland. Family homes remain at the top of the list for most buyers, while investors are making a notable comeback, targeting properties with solid capital growth potential over the next 5–10 years. It’s a smart strategy, especially with the rental market performing so strongly.

We’re also seeing more local developers returning to the marketplace—another sign of confidence—keen to secure sites that will attract strong buyer demand once built. With property levels still low, many homes are attracting strong interest, and we expect property levels to rise as we head into the spring market.

It’s been another successful week for our group. If you’re considering selling, we have a live database of qualified buyers ready to act. For those seeking a discreet, pre-market sale, please get in touch—we’d be happy to connect you with the right buyer.

See below for this week’s impressive sales results:

• 6 Verona Street, Vermont South sold for $1,828,000
• 4 Shirley Court, Mitcham sold for $1,052,000
• 4/7 Court Street, Box Hill sold for $980,000
• 120 Brackenbury Street, Warrandyte sold for $940,000
• 76 Bedford Road, Ringwood sold for $923,000
• 30 Forster Street, Mitcham sold for $825,000
• 312/205 Burnley Street, Richmond sold for $432,000
• 35 Old Warrandyte Road, Donvale sold!
• 8/363 High Street, Templestowe Lower sold!
• 17 Valencia Terrace, Templestowe sold!
• 30 Morotai Parade, Heidelberg West sold!
• 11 Ungara Close, Eltham North sold!

Currently under offer and will be sold soon:

• 102 Lloyd Street, Heidelberg Heights
• 701/101 Tram Road, Doncaster
• 2 Lynnwood Parade, Templestowe Lower
• 19/4 Gambier Avenue, Templestowe Lower
• 79 Holland Road, Blackburn South
• 501/525 Mt Alexander Road, Moonee Ponds
• 6 Wahine Court, Templestowe
• 3/22 Sunhill Road, Templestowe Lower
• 79 Holland Road, Blackburn South
• 4 Mintleaf Grove, Mitcham
• 530b/1 Columbo Street, Mitcham

Spiro Drossos

Managing Director, Barry Plant Eastern Group

Proudly servicing Manningham, Whitehorse, Eltham, Ivanhoe & Balwyn