Downsizing involves selecting a property that better suits your current lifestyle needs, often following a life stage change. As of December 2025, Melbourne downsizers are increasingly focused on low-maintenance living and convenient locations.
Currently in Melbourne, particularly within the Eastern Suburbs – areas like Balwyn, Doncaster, and Ringwood – buyers favour properties that minimise upkeep. This translates to demand for features like smaller gardens, secure complexes, and modern kitchens and bathrooms. In 2026, presentation will remain key; buyers prioritise light-filled spaces and renovation potential, even in smaller homes. Expect a typical sales campaign to run for 4-6 weeks, with a 2-4 week inspection period. While the median dwelling value in Melbourne is around $823,495 as of December 2025, downsizing doesn’t necessarily mean a significant price reduction, especially in sought-after school zones. Fletchers’ experience shows that properties requiring minimal immediate work often attract higher offers. Marketing campaigns, costing between $3,000 and $8,000, will emphasise these lifestyle benefits. Agent commission typically falls between 1.5-2.5%.
Understanding these market trends and buyer preferences is crucial when selecting your next property and preparing your current home for sale in 2026.