On October 25, the Super Saturday energy was unmistakable as Marshall White delivered exceptional results on its busiest day of the year. With 109 auctions held and a success rate of 72% — against Melbourne’s preliminary 69% average — the weekend saw $136,886,100 in sale value for our properties, reflecting ongoing buyer confidence in premium homes this spring.
Across Melbourne, crowds gathered early, with many properties attracting multiple registered bidders and lively bidding. Highlights included 38 Lorne Road in Prahran, which achieved an impressive result well above reserve after strong competition between 4 bidders, reinforcing the level of demand for well-presented properties in tightly held suburbs.
Strong buyer engagement and effective multi-platform marketing delivered excellent outcomes for our vendors. Marshall White’s focus on high-quality presentation, clear communication and tailored strategies ensured each property was positioned for the best result, with the teamwork, experience and professionalism of our agents evident throughout the day. Backed by well-executed campaigns that leveraged active buyers and limited supply, these results reaffirmed Marshall White’s leadership in the premium market.
The success of Super Saturday also spoke to the solid footing of the spring market. Despite ongoing discussion about interest rates and the broader economy, buyer confidence remains steady, with prepared purchasers decisive when the right property is presented. The pattern has been consistent, with the market remaining balanced and confident. Overall, the weekend’s results indicated sustained buyer appetite and a market well positioned for the final months of the year.
John Bongiorno, Group Sales Director at Marshall White, said Melbourne’s property market was stable, given interest rates had fallen and could potentially decrease again before the end of the year.
With buyer demand stronger than ever, now is a prime time to explore your options. Connect with our team to discuss how to position your property for this competitive market.
