Understanding Victorian property market cycles involves recognising broader economic trends and localised conditions, particularly within Melbourne’s diverse suburbs. These cycles influence buyer confidence, property values, and the overall selling process.
As of December 2025, Melbourne is experiencing moderate growth, with forecasts of 3-6% for 2026. Sellers in the Eastern Suburbs – areas like Balwyn, Doncaster, and Ringwood – typically see increased activity leading up to and during the spring selling season (September-November). Currently in Melbourne, buyer priorities favour properties with excellent presentation, abundant natural light, and renovation potential. A well-prepared home, potentially involving styling ($2,000-$8,000) and professional photography ($500-$1,500), can significantly impact sale price. The typical sales campaign runs for 4-6 weeks, followed by a 2-4 week inspection period, and settlement usually occurs within 30-60 days. Fletchers’ agents utilise technology to provide clients with regular updates throughout this process. Agent commission in Melbourne suburbs generally ranges from 1.5-2.5%, and a comprehensive marketing campaign can cost between $3,000-$8,000. It’s important to realise that market conditions can vary significantly even within the Eastern Suburbs, so localised expertise is crucial.
Monitoring these cycles and understanding how they impact local conditions allows sellers to optimise their timing and strategy for a successful sale.