Downsizing involves selecting a location that suits your changing lifestyle and financial goals, and as of December 2025, Melbourne offers a diverse range of options for those looking to simplify. The ‘right’ location is highly personal, but understanding current market dynamics is key.
Currently in Melbourne, popular downsizing locations within the Eastern Suburbs – Fletchers’ core area – include established neighbourhoods like Balwyn, Blackburn, and Doncaster. These areas offer a blend of convenience, established infrastructure, and proximity to amenities. Buyers in 2026 generally favour properties that require minimal maintenance, and units or townhouses are often preferred. We’re also seeing increased interest in areas like Nunawading and Mitcham, offering relative affordability compared to some of the more prestigious suburbs. The sales process typically involves a 4-6 week marketing campaign, with buyers prioritising presentation and light-filled spaces. Property preparation costs, such as styling (ranging from $2,000-$8,000) and professional photography ($500-$1,500), are common considerations. Agent commission in Melbourne suburbs generally falls between 1.5-2.5%.
Ultimately, choosing a downsizing location in 2026 requires careful consideration of lifestyle preferences and a realistic assessment of the current Melbourne property market.