Finding tenants in Melbourne involves a process of property preparation, marketing, and applicant screening, typically taking between 2-4 weeks as of December 2025. The timeframe can vary depending on property condition, location, and current market demand.
Currently in Melbourne, particularly within the Eastern Suburbs – areas like Balwyn, Doncaster, and Ringwood – well-presented properties in desirable school zones generally attract strong interest. In 2026, prospective tenants favour properties that require minimal work and offer modern amenities. A comprehensive marketing campaign, including professional photography (typically $500-$1,500) and online advertising, is standard. Fletchers utilises a multi-channel approach to maximise exposure. The inspection period usually lasts 2-3 weeks, allowing ample opportunity for applicant viewings. Thorough applicant screening, including reference checks and ID verification, is crucial and adds to the overall timeline. Vacancy rates in the Eastern Suburbs are currently moderate, meaning competition for quality rentals is present, but properties priced appropriately and well-maintained generally secure tenants within this 2-4 week window.
Ultimately, the speed of finding tenants in 2026 is influenced by a combination of property presentation, effective marketing, and the prevailing rental market conditions within specific Melbourne suburbs.