Melbourne Market 2025 Wrap: Prepare To Move In 2026

As we head toward the end of the year, this will be my final Melbourne market update for 2025. The last fortnight has reflected much of what we’ve seen all year, steady buyer confidence, limited supply, and a market that continues to reward strategy over speculation.

Buyer activity has remained consistent, although volumes have naturally softened as Christmas approaches. Clearance rates have held with competition strongest for well-located, accurately priced homes. Buyers are active, but discipline and quality is being rewarded, overpricing is not.

Supply remains constrained, particularly in established suburbs, while rental conditions continue to be tight with strong demand and low vacancy rates.

Discussion around interest rates has shifted again, prompting buyers to take a more considered and analytical approach.

I recently sat down with Nicole Rich, Director of Consumer Affairs Victoria, to discuss underquoting and pricing transparency. Trust in the process has become a defining issue, and increased regulatory focus reflects a more informed and less tolerant buyer market.

Click below to watch the full interview with Nicole Rich.

Over the past 12 months, Melbourne’s property market has transitioned rather than accelerated. Interest rates stabilised, supply remained tight, rental pressure increased, and buyers became more strategic. Prices have generally moved sideways to modestly higher, with success driven by preparation and realism rather than hype.

This year, besser+co have:

– Tripled the size of our sales team
– More than doubled the number of properties sold

This growth has come from focusing on quality outcomes for our clients, not promoting clearance rates or chasing headlines – an approach that has mattered more than ever in this market.

Thank you for following our updates throughout the year and we look forward to continuing to provide you with the most up to date information on the Melbourne real estate in 2026.

If you’re thinking of buying, selling or investing, now’s a smart time to get your plan in place ready for 2026.

Speak to your broker, declutter your home, and be ready to move when the market re-opens in 2026.

Feel free click on the link below to schedule in a time to speak.

Happy holidays,

Dion Besser

0412 556 443
dion@besserco.com.au