The Edit, Quarterly
Steven Abbott - Managing Director & Auctioneer
April 2026The Boroondara property market has entered a phase of measured confidence, driven by steady demand and a renewed sense of opportunity. While broader Melbourne conditions remain balanced, Boroondara continues to outperform, particularly across its core family-focused segments. Buyers are moving with greater intent, recognising opportunities across established suburbs such as Hawthorn, Kew, Camberwell and Surrey Hills.
Entry-level activity remains a key force, with first home buyers and younger purchasers competing for well-located apartments and villas. Backed by government incentives and family support, this cohort is acting decisively. At the same time, interstate investors are re-emerging, drawn by Melbourne’s relative value to interstate capital cities, and adding a fresh layer of competition in targeted pockets.
In the $2–5 million market, conditions are increasingly favouring upsizers. Demand is building for homes with renovation potential, signalling a more strategic, long-term mindset. Buyers are weighing lifestyle and growth with greater discipline and leaning into opportunities to create value over time.
Boroondara’s enduring strengths – leading schools, established infrastructure and lifestyle amenity – continue to anchor demand, reinforcing its position as one of Melbourne’s most sought-after addresses for families and long-term investors.
First quarter results point to a market that is both active and stable, with clearance rates exceeding 80%. When priced with precision, properties are transacting with confidence. As winter approaches, current conditions present a rare window: a more level playing field for those looking to buy and sell in the same market. For informed, decisive participants, the opportunity is there.
For those who understand the nuances of this market, the advantage lies not in timing alone, but in the clarity to act with conviction. Our team is here to guide that next step with insight and precision.
