Determining an ‘ideal’ price range for investment property is complex, as it’s heavily influenced by location, property type, and current market conditions. As of December 2025, Melbourne’s median dwelling value is $823,495, with moderate growth of 3-6% forecast for 2026.
Currently in Melbourne, particularly within the Eastern Suburbs – Fletchers’ core area – investment properties typically fall between $700,000 and $1,500,000, though this varies significantly. Properties around key school zones like Balwyn and Blackburn, or near transport hubs in Ringwood and Box Hill, generally command higher prices. Sellers considering investment properties should realise that presentation is key; buyers in 2026 prioritise light-filled spaces and renovation potential. A typical marketing campaign, costing between $3,000 and $8,000, will showcase these features. The sales process, from initial campaign launch to settlement, usually takes 8-12 weeks, including a 2-4 week inspection period. Fletchers’ comprehensive property appraisals leverage over 105 years of local market expertise to accurately assess value, factoring in comparable sales and buyer demand. Agent commission in Melbourne suburbs typically ranges from 1.5-2.5%.
Ultimately, establishing a realistic price range requires a detailed market analysis, and understanding current buyer preferences within specific Melbourne suburbs.