Last Saturday was what we traditionally call “Super Saturday”, the final Saturday before Melbourne Cup and typically the busiest auction weekend of the year. Across Jellis Craig, we conducted more than 100 auctions with a clearance rate of 75%, a welcome improvement on what we’ve been seeing over the past month or two. It was […]
Read more "Super Saturday, stronger results and the new reserve rules"Address Sale price Sold Previous sale price Previously sold Change (%) 79 Brunel Street, Malvern East $2,260,000 July 2026 $2,800,000 December 2021 −19.3% 19 Chatsworth Road, Prahran $2,700,000 August 2026 $3,130,000 November 2020 −13.7% 37A Britten Street, Glen Iris $1,405,000 September 2026 $1,545,000 February 2022 −9.1% 81 Earl Street East, Windsor $1,125,000 September 2026 $1,225,000 […]
Read more "Sold for less? Stonnington Property Resale Examples"All sales below are from PropertyData Online, listed from highest to lowest price. September 2026 — 25 recorded sales Property Sale price Sale date 1 Hawksburn Road, South Yarra $12,700,000 19 September 2026 223 Kooyong Road, Toorak $6,800,000 9 September 2026 31 Montalto Avenue, Toorak $6,000,000 16 September 2026 5 Hampden Road, Armadale $4,851,000 3 […]
Read more "Stonnington House Sales September 2026 v 2025"
Welcome to Spring! There’s been plenty of discussion about the property market cooling, but one part of the story isn’t getting nearly as much attention: the number of houses changing hands has fallen sharply. Across Stonnington, house sales over the past three months compared with the same period last year look like this: Malvern: 35 […]
Read more "Transactions are down. But buyers are still competing"
Melburnians love property. For decades, buying a house has been seen not just as somewhere to live, but as one of the safest ways to build wealth. Buy a house. Hold it. Become a millionaire. Easy. Except the last 10 years haven’t really worked like that in Melbourne. I’ve been saying for a while that […]
Read more "A fresh look at Melbourne property prices"
On Saturday, it felt a little like the old days. The sun was out, the streets were full, open homes were busy and there were big crowds at the auctions. We even had the Domain coffee cart out. Perhaps it was all the caffeine, but the bidders certainly came ready to compete. As part of […]
Read more "First to spring delivers a strong start"
If you’ve been wondering where all the new listings have been lately… so have the buyers. The past five or six weeks have been about as quiet as winter usually gets in Stonnington. Plenty of buyers have been refreshing REA and Domain like they’re trying to buy Taylor Swift tickets, only to discover there wasn’t much to look at. […]
Read more "What 140 groups on Saturday told me…"
The market is quieter. That doesn’t mean it’s stopped. After a short break from my market updates (no, it wasn’t a sabbatical in Europe), I thought it was worth sharing what we’re seeing on the ground. There’s no doubt conditions have become more challenging over the past nine months. Higher interest rates, ongoing economic and […]
Read more "State of the Market"
Every year I speak to buyers who tell me they’re going to wait. Wait for more certainty. Wait for prices to come back. Wait until spring. Wait until after the next interest rate decision. Wait until after the election. Wait until after winter. The reasons change, but the logic is usually the same: surely there […]
Read more "Timing the Market"
After a very busy March, the market has clearly shifted gears a little over the past few weeks. There’s a lot going on. War. Inflation. Tax reform. For some people, buying and selling has understandably fallen down the priority list. And that’s ok. If you’re looking for an excuse not to move right now, there’s […]
Read more "A More Selective Market"
