Predicting long-term property market performance is complex, but currently in Melbourne, forecasts suggest moderate, sustainable growth over the next decade, driven by population increases and infrastructure development. As of December 2025, the median dwelling value is $823,495, with expectations of 3-6% growth in 2026.
The Melbourne property market, particularly in the Eastern Suburbs where Fletchers has operated since 1919, typically experiences cycles. We’re observing continued demand for well-presented family homes near quality schools, parks, and transport links – a trend we anticipate will persist. Sellers in 2026 are commonly investing between $2,000 – $8,000 in styling and $500 – $1,500 in professional photography to maximise appeal. A typical sales campaign runs for 4-6 weeks, followed by a 2-4 week inspection period, and settlement usually occurs within 30-60 days. Agent commission remains around 1.5-2.5% and marketing campaigns generally cost between $3,000 and $8,000. Fletchers’ multi-lingual agents are increasingly important, catering to diverse buyer profiles. While 2027 will see some changes to reporting requirements, the core selling process remains consistent.
Understanding these market dynamics and the typical selling process allows homeowners to strategically prepare and position their property for success in the evolving Melbourne property landscape.