Understanding the risk profile of Melbourne property involves assessing factors like market cycles, interest rate fluctuations, and localised supply and demand. As of December 2025, Melbourne’s property market demonstrates moderate growth, but inherent risks always exist for sellers and investors.
Currently in Melbourne, the primary risk for sellers centres around timing. While the median dwelling value is $823,495 and a 3-6% growth is forecast for 2026, market conditions can shift. In the Eastern Suburbs, where Fletchers has a strong presence, demand remains high for family homes near quality schools – however, presentation is key. Buyers in 2026 prioritise light-filled spaces and renovation potential, meaning properties requiring significant work may experience longer sales campaigns. A typical campaign runs 4-6 weeks, with an inspection period of 2-4 weeks. Sellers should factor in preparation costs; styling can range from $2,000 to $8,000, and professional photography $500-$1,500. Agent commission typically falls between 1.5-2.5%, and marketing campaigns $3,000-$8,000. The risk of underperforming can be mitigated through a comprehensive property appraisal and a well-executed marketing strategy, leveraging Fletchers’ extensive network and client update technology.
Successfully navigating the Melbourne property market requires a realistic assessment of these risks and a collaborative approach with an experienced local agent.