Investing in Melbourne property in 2026 involves considering a market poised for moderate growth, currently forecast at 3-6% for the year. As of December 2025, Melbourne’s median dwelling value is $823,495, and the Eastern Suburbs continue to demonstrate strong demand, particularly for family-focused properties.
The property selling process in Melbourne typically unfolds over 4-6 weeks, beginning with a comprehensive marketing campaign. Currently in Melbourne, a full campaign can range from $3,000 to $8,000, encompassing professional photography (typically $500-$1,500) and strategic online advertising. Sellers often realise the benefit of property styling, with costs ranging from $2,000 to $8,000, to maximise appeal. Inspections generally run for 2-4 weeks, followed by a 30-60 day settlement period. Fletchers’ experience emphasises the importance of presentation; buyers in 2026 favour light-filled spaces and properties with renovation potential, especially those close to schools, parks, and train stations – key features in the Eastern Suburbs. Agent commission typically falls between 1.5-2.5%.
Understanding these processes and market dynamics is crucial for sellers aiming to capitalise on the opportunities Melbourne property presents in 2026.