In Victoria, sellers aren’t legally obligated to disclose every defect with their property, or to undertake repairs before a sale. However, failing to disclose a known material defect can lead to legal repercussions after the sale, and can certainly impact buyer perception.
As of December 2025, in Melbourne’s Eastern Suburbs, most buyers are highly discerning and prioritise properties that present well. While a buyer will typically conduct a building and pest inspection during the due diligence period (currently averaging 2-4 weeks), a property with visible maintenance issues may receive fewer offers, or offers at the lower end of the price range. We’re currently seeing median dwelling values around $823,495, and even small improvements can influence a buyer’s willingness to pay. Sellers often weigh the cost of repairs – a fresh coat of paint might be $400-$800 per room – against the potential uplift in sale price. It’s important to remember that buyers in 2026 are favouring properties with renovation potential, but this doesn’t negate the need for basic maintenance. Fletchers’ experience shows that transparency is key; disclosing known issues upfront, even if not repaired, can build trust and avoid complications later. The ‘Fletchers Way’ emphasises providing buyers with all available information.
Ultimately, the decision to repair or disclose rests with the seller, but understanding how current market conditions and buyer expectations influence the sales process is crucial.