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Eastern Suburbs Market Update: A Window of Opportunity Before the Spring Rush

02 August 2025
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Buyer confidence continues to strengthen across the Eastern Suburbs, with growing optimism around a potential interest rate cut next week. Many buyers are looking to secure a property before the spring rush, and current property levels remain stable to low, creating competitive conditions for quality homes.

At today’s auctions, the Barry Plant Eastern Group achieved a clearance rate close to 80%, a strong indicator of a more stable and balanced market. We’re seeing increasing buyer frustration, with many missing out at auction and now actively pursuing homes before the broader market opens up.

As a result, we’re receiving pre-market offers from motivated buyers eager to purchase before September. If you’re planning to sell this spring, now might be the perfect time to speak with our team. In many cases, we’re introducing genuine buyers to properties before they even hit the market — saving sellers weeks of preparation and marketing.

We’re proud to be the most recommended and number one agency in Manningham — and that’s because of the trust and support of the people in our community. Having serviced the area since 1979, we’ve built a reputation as the most recognisable and relied-upon agency in the Eastern Suburbs. That legacy is something we take seriously, and we remain committed to delivering outstanding results with honesty, professionalism, and care.

Start the conversation today — Spring starts now.

See below for this week’s impressive sales results:

  • 18 Columba Street, Balwyn North sold for $1,820,000
  • 18 Serenity Court, Vermont South sold for $1,765,000
  • 45 Sweyn Street, Balwyn North sold for $1,669,500
  • 25 Tidcombe Crescent, Doncaster East sold for $1,552,000
  • 1 Silvana Court, Doncaster East sold for $1,342,000
  • 5 Greenwood Court, Vermont sold for $1,200,000
  • 40 Hotham Street, Templestowe Lower sold for $1,089,000
  • 18 Nokuna Court, Greensborough sold for $1,050,000
  • 4 Ancona Court, Eltham sold for $965,000
  • 9/23 Carawatha Road, Doncaster sold for $940,000
  • 10 Tourello Street, Mitcham sold for $938,000
  • 7/6 Main Road, Lower Plenty sold for $660,000
  • 205B/170 Manningham Road, Bulleen sold for $640,000
  • G03/342 Whitehorse Road, Balwyn sold for $380,000
  • 107/200 Reynolds Road, Doncaster East sold for $350,000
  • 33 Glendale Avenue, Templestowe sold!
  • 191 Beales Road, St Helena sold!

Currently under offer and will be sold soon:

  • 11 Ungara Close, Eltham North
  • 102 Lloyd Street, Heidelberg Heights
  • 30 Morotai Parade, Heidelberg West
  • 701/101 Tram Road, Doncaster
  • 2 Lynnwood Parade, Templestowe Lower
  • 106/1 Mitcham Road, Donvale
  • 76 Bedford Road, Ringwood
  • 6 Verona Street, Vermont
  • 30 Forster Street, Mitcham
  • 4/7 Court Street, Box Hill
  • 79 Holland Road, Blackburn South

Spiro Drossos

Managing Director, Barry Plant Eastern Group

Proudly servicing Manningham, Whitehorse, Eltham, Ivanhoe & Balwyn

02 August 2025
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