Regularly reviewing your investment property’s performance is crucial to maximising its potential. This involves assessing market conditions, property condition, and your financial goals to determine if it continues to align with your investment strategy.
As of December 2025, in Melbourne’s Eastern Suburbs, a formal review every 12-18 months is common. This timeframe allows you to observe market cycles – currently, Melbourne is experiencing moderate growth with a 3-6% forecast for 2026. A review isn’t just about property value; it’s about understanding buyer preferences. Currently in Melbourne, buyers favour properties with excellent presentation, light-filled spaces, and renovation potential, particularly near quality schools and transport. Fletchers’ experience shows that preparation costs – styling ($2,000-$8,000), photography ($500-$1,500) – can significantly impact sale price. The typical sales campaign runs 4-6 weeks, followed by a 30-60 day settlement period. We often advise clients to consider a pre-sale property report to identify potential issues and inform a realistic pricing strategy. Agent commission typically falls between 1.5-2.5% in the Eastern Suburbs, and a comprehensive marketing campaign can range from $3,000-$8,000.
Consistent monitoring and periodic formal reviews help ensure your investment property remains a sound asset within the evolving Melbourne property landscape.