Downsizing involves selling a larger property to purchase a smaller, more manageable one, and the entire process in Melbourne typically takes between three and six months, as of December 2025. This timeframe encompasses property preparation, the sales campaign, and the subsequent purchase.
Currently in Melbourne, the initial phase – preparing your property – can take 4-8 weeks. This includes decluttering, minor repairs, and presentation improvements like painting (typically $400-$800 per room) and professional styling ($2,000-$8,000). Fletchers’ experience in the Eastern Suburbs shows buyers in 2026 strongly favour properties that maximise light and space. The sales campaign itself usually runs for 4-6 weeks, involving professional photography ($500-$1,500), marketing ($3,000-$8,000), and inspections. Successful sales often lead to a 30-60 day settlement period. Simultaneously, finding and securing a new, smaller property adds to the overall timeline. In the competitive Eastern Suburbs market, particularly around areas like Balwyn and Doncaster, securing a suitable property can take several weeks, or even months, depending on your criteria. The market is currently experiencing moderate growth, forecast at 3-6% in 2026, meaning a well-presented property is crucial.
Therefore, realistically, allow at least three months, and potentially up to six, to navigate the downsizing process effectively in Melbourne in 2026.