There has been plenty of talk about Toorak’s property market falling off a cliff. The latest Domain data certainly makes for a big headline. Toorak’s median house price peaked at around $5.8 million in March 2024. By the June quarter of 2026, it had fallen to $3.665 million. That’s a
Why I Would Consider Buying at Avoca, South Yarra I recently inspected 3/17 Avoca Street, South Yarra, a full-floor luxury apartment in one of South Yarra’s most desirable locations. This luxury apartment will appeal to buyers seeking the scale of a house without the ongoing maintenance. It combines 314 sqm
52-54 Hopetoun Road, Toorak, has hit the market for the first time since 1978, and it’s raising one of the most interesting questions in prestige property right now: do you preserve it, or do you start again? The numbers: 1,874 sqm, asking $20,000,000–$22,000,000, no heritage overlay. A Piece of Toorak
Off-Market on 971 m² in Malvern’s Gascoigne Estate, for $350,000 Less Than the Alternative. There’s a common misconception about working with a buyer’s advocate in Melbourne. Buyer advocates are only for people who don’t know how to buy. This purchase proved the opposite. As a buyer’s advocate in Melbourne,
The five homes from The Block 2026 have officially hit the market. This season of The Block is set in MacKillop Place, Mount Eliza, with five homes, all carrying price guides between $3.6 million and $3.9 million. That surprised me. I expected the two houses on the low side to
Does Melbourne Remain a Strong Long-Term Investment Market in 2026? Melbourne can still offer strong long-term property investment opportunities in 2026, but performance is unlikely to be uniform. Investors should understand how to identify long-term growth suburbs in Melbourne by examining land value, scarcity, infrastructure and owner-occupier demand. Property quality,
If I were working with a downsizer who had 5.5-6M to spend in Stonnington, this is a home I would absolutely recommend to my clients. It sold two weeks ago to a local downsizer. Contact Andrew Date for the undisclosed sale price. 31 Adelaide Street, Armadale, Vic 3143 Here is
Penthouse/608-622 Orrong Road, Armadale, Vic 3143 A penthouse with a private rooftop pool rarely ever comes to market in Armadale. I inspected this incredible residence, and it’s one of the more impressive apartments available in Armadale at the moment. Buyers who value privacy and safety will value the levels of
Every now and then, an apartment comes to market where the location does most of the heavy lifting. 2/136 Anderson Street, South Yarra is one of those homes. Directly opposite the Royal Botanic Gardens and one of only six residences in the building, this is the type of apartment that
The Federal Government has announced one of the biggest changes to property investing in decades. From 1 July 2027, the 50% Capital Gains Tax (CGT) discount for individuals and trusts will be replaced with an indexation system. On paper, paying tax only on the “real” gain after inflation
The top end of the Toorak market operates by different rules. If you’re considering a purchase of $20 million or more, the process, risks, and opportunities look nothing like a standard transaction. Here’s what I see on the ground and what buyers consistently underestimate before they start. For buyers
House hunters are being urged to “lowball” vendors as tax concerns, rising interest rates and winter nerves plunge the property market into a state of fear. It’s grim news for the 779 Melbourne home sellers PropTrack figures show are scheduled to test the auction market this week, down 17
The clearance rate data for 20th June 2026 should concern every vendor thinking of going to auction. Saturday’s numbers tell three very different stories depending on whom you listen to. On Saturday, the REIV reported a preliminary clearance rate of 65% & REA Group reported 46% across 1,375 auctions.
Since the Federal Budget was handed down, I’ve witnessed a noticeable shift in investor behaviour. Many of the investors I work with who were previously considering established homes are now focusing almost exclusively on new-build properties. The reason is simple: they want to preserve access to negative gearing and the
Each week we attend, bid, monitor and track Auctions. The current clearance rate in Melbourne, according to REIV 63% and REA said 49%. After 18 years of tracking auction clearance rates on Saturday, 20th June, I’ve learnt not to believe what is published on a Saturday afternoon. These preliminary clearance
Acknowledgement of Country: Industry Insider respectfully acknowledges the Traditional Custodians of the land on which we work, the Bunurong Boon Wurrung and Wurundjeri Woi Wurrung peoples of the Eastern Kulin Nation and pays respect to their Elders past, present and emerging.
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