Boroondara Property Market - Strong Start to 2014

Historically low interest rates are helping to drive demand for prestige properties in Boroondara.  Median house price in February 2014 was $1,125,500, an increase of 14.8% from February 2013, where the median house price was $980,000. Both Glen Iris and Balwyn North recorded eleven $1,000,000 + sales in February.  Auction clearances remain high, with many auctions still planned in March 2014.  


For expert advice on home loans, please call me, Michael Wren on 9813 3522 or email

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