Downsizing often involves significant emotional and practical considerations, and naturally, family members may have opinions or concerns about the process. Involving them can range from seeking input on the timing of a sale to discussing where proceeds will be allocated.
As of December 2025, we’re seeing many Melbourne homeowners in the Eastern Suburbs – particularly in areas like Balwyn and Doncaster – considering downsizing as their children become independent. The property selling process currently involves a typical campaign length of 4-6 weeks, starting with a comprehensive property appraisal to determine market value. Preparing a home for sale in 2026 often includes costs for styling (between $2,000 and $8,000) and professional photography ($500-$1,500). Family discussions can be helpful when considering these costs and potential renovation work to maximise appeal, as buyers currently favour properties with light-filled spaces and renovation potential. It’s also common for families to discuss the implications of a sale on inheritance or financial support. Fletchers’ client update technology ensures all parties can stay informed throughout the campaign, from initial marketing to auction results and the 30-60 day settlement period. Agent commission in Melbourne suburbs typically falls between 1.5-2.5%, a factor often discussed with family.
Ultimately, the extent of family involvement is a personal decision, but understanding the practicalities of the Melbourne property market can facilitate open and informed conversations.