Downsizing your Melbourne home involves selling a larger property to purchase a smaller, more manageable one, often to release equity or simplify lifestyle. As of December 2025, many homeowners in the Eastern Suburbs are considering this option as their families grow older or their needs change.
The process typically begins with a comprehensive property appraisal, where Fletchers agents assess your home’s current market value, considering factors like location, size, and recent sales data in suburbs like Balwyn and Doncaster. Currently in Melbourne, presentation is key; buyers in 2026 favour light-filled spaces and properties with renovation potential. Preparation costs can range from $2,000 for basic styling to $8,000+ for a full makeover, with professional photography typically costing $500-$1,500. A standard sales campaign runs for 4-6 weeks, followed by a 2-4 week inspection period, and settlement usually occurs 30-60 days after. Agent commission in Melbourne suburbs generally falls between 1.5-2.5%, and marketing campaigns can cost $3,000-$8,000. Fletchers’ multi-lingual agents are particularly adept at reaching a broad range of potential buyers, reflecting the diverse demographic of the Eastern Suburbs.
Downsizing can be a strategic move to unlock capital and enjoy a more convenient lifestyle, aligning with evolving needs and the current Melbourne property market.