While not directly related to selling your property, understanding the rental market can be relevant when considering investment properties or timing a sale. As of December 2025, landlords in Melbourne are increasingly scrutinising applicants’ credit history, but it doesn’t automatically disqualify someone.
Currently in Melbourne, property managers often use third-party services to assess rental applications, including credit checks. A poor credit rating may require applicants to provide additional security, such as a higher bond (potentially up to six weeks’ rent), or a guarantor. In the Eastern Suburbs, where competition for quality family homes is strong – particularly in areas like Balwyn and Doncaster – landlords often favour applicants with strong financial profiles. This means a history of reliable income and positive credit history. Sellers considering investment properties should realise that attracting reliable tenants may require a proactive approach to tenant screening. The typical campaign to sell a property in 2026 runs for 4-6 weeks, and understanding the rental landscape can inform your investment decisions. Preparation costs for a property sale, such as styling ($2,000-$8,000) and professional photography ($500-$1,500), are separate considerations but contribute to overall presentation, which is key for both sales and rentals.
Ultimately, a poor credit history doesn’t necessarily prevent someone from renting in Melbourne, but it may present challenges and require additional measures to secure a tenancy.