Determining a ‘reasonable’ offer is complex and depends heavily on individual property characteristics, location, and current market dynamics. As of December 2025, it’s less about a fixed percentage and more about comparable sales evidence and buyer engagement.
In 2026, the Melbourne property market, particularly in the Eastern Suburbs where Fletchers has a 105+ year history, is expected to see moderate growth of 3-6%. Buyers currently favour properties that present well, with a strong emphasis on light-filled spaces and renovation potential. A reasonable offer will reflect these priorities. The sales process typically involves a 4-6 week marketing campaign, followed by a 2-4 week inspection period. Offers are often presented *during* this campaign, and multiple offers are common. Sellers should understand that initial offers may be below the quoted price range, and negotiation is standard. Comparable sales analysis, conducted by your agent, is crucial. In areas like Balwyn and Doncaster, strong school zones and proximity to amenities significantly influence offer values. Preparation costs – styling ($2,000-$8,000), photography ($500-$1,500) – impact perceived value, and therefore, offers. Agent commission in Melbourne suburbs typically falls between 1.5-2.5%.
Ultimately, a reasonable offer is one that aligns with current market conditions, the property’s unique attributes, and a well-executed sales strategy.