Selling in Portarlington or Clifton Springs in April 2026 requires a tiered strategy based on property value. While listing volumes and appraisals surged early in the year (Raine & Horne), February and March 2026 RBA rate hikes have dampened buyer urgency (Domain’s Dr Nicola Powell).
The Bellarine Peninsula is currently balancing a rise in available stock against a cooling buyer sentiment. The optimism that drove vendor confidence through late 2025 is now tempered by recent monetary tightening.
Are buyers still active in the region?
Open for inspection attendances across Australia were up 3% year-on-year as of early 2026 (Raine & Horne). Despite this, RBA rate hikes in February and March 2026 have introduced new caution among buyers (Domain’s Dr Nicola Powell).
Is there a surplus of listings?
Supply has increased significantly, with listings up nearly 40% since December 2025 (Raine & Horne). This trend is driven by vendors who previously held back their properties now choosing to enter the market.
How is the Short Stay Accommodation Levy impacting sales?
The Victorian Short Stay Accommodation Levy, combined with higher land taxes and interest rates, is prompting investors to dispose of holiday homes (Barry Plant Dromana). This is increasing the volume of ex-rental properties available in coastal markets.
The price bracket divide
Market performance varies by price point. Properties priced above $1 million are selling well and often above expectations, while entry-level properties under $1 million are seeing a market adjustment from the COVID boom (Barry Plant Dromana).
Frequently asked questions
Should I sell my holiday home now?
Many investors are selling due to the Short Stay Accommodation Levy and increased land tax (Barry Plant Dromana). If your property is valued above $1 million, it may still achieve a strong result, but be aware that increased stock of ex-rental homes is currently entering the coastal market.
How are RBA rate hikes affecting the Bellarine Peninsula?
Rate hikes in February and March 2026 have dampened buyer urgency (Domain’s Dr Nicola Powell). While attendance at inspections remains slightly higher than last year, buyers are more cautious, which can lead to longer negotiation periods and more scrutiny of pricing.
Are listings increasing in coastal areas?
Yes, listings have risen by nearly 40% since December 2025 (Raine & Horne). This increase is attributed to a surge in vendor confidence in late 2025 and a growing number of investors offloading assets due to rising holding costs and new levies.
Will my property sell faster if it is under $1 million?
Not necessarily. Properties under $1 million are currently offering value opportunities as the market adjusts from the COVID boom (Barry Plant Dromana). While they attract a different buyer pool, they may face more price sensitivity compared to the prestige segment.
Questions to ask your agent
- What percentage of current competing listings in Portarlington or Clifton Springs are ex-rental holiday homes?
- How has the average time from first inspection to contract signing changed since the March RBA rate hike?
- What is the current price gap between initial appraisals and final sale prices for properties over $1 million in this corridor?
This article contains general market information based on data current as at April 2026. It does not constitute financial, legal, or real estate advice specific to your property or circumstances. For an appraisal and tailored advice, speak with a Fletchers agent in your area.