Deciding whether to downsize your property before or after retirement is a significant lifestyle and financial consideration. As of December 2025, many Melburnians are evaluating this, particularly those in established Eastern Suburbs locations.
Currently in Melbourne, the property selling process typically involves a 4-6 week campaign, starting with a comprehensive property appraisal – a service Fletchers provides with over 105 years of local market experience. Preparing a property for sale in 2026 often includes styling (ranging from $2,000 to $8,000), professional photography ($500-$1,500), and potentially painting ($400-$800 per room). Downsizing *before* retirement allows you to utilise the equity released to fund your retirement lifestyle. However, selling in the peak Spring market (September-November) may yield a higher price. Downsizing *after* retirement provides certainty about your future needs and location, but may mean missing out on potential market gains. In the Eastern Suburbs, demand remains strong for well-presented family homes near schools and transport, meaning presentation is key. Agent commission typically falls between 1.5-2.5% of the sale price, and marketing campaigns can cost $3,000-$8,000. Fletchers’ multi-lingual agents are well-equipped to navigate the diverse buyer pool currently active in Melbourne.
Ultimately, the timing of downsizing is a personal decision, influenced by financial goals, lifestyle preferences, and current market conditions.