Inside Melbourne’s fast-moving property market this Spring

Inside Melbourne’s fast-moving property market this Spring

Melbourne’s spring property market has kicked into gear, with more listings, stronger clearance rates, and fierce competition across every price point. After a quieter winter, confidence has clearly returned – and buyers are wasting no time making their move.

For anyone hoping to be in their new home before Christmas, the message is simple: act now. Between searching, negotiating, conveyancing, and settlement, timelines move quickly. Buyers who wait beyond mid-October risk missing the opportunity for a pre-Christmas move.

Off-market opportunities are being snapped up within 48–72 hours, and very little is sitting on the market for long. Preparation is key.

• Finance should be pre-approved before you start your search – it gives you the confidence to act decisively when you find the right property. Our finance partners at Inovayt Finance can help assess your options, structure your borrowing, and ensure you’re ready to move when the right property comes along.
• Early access to listings can make the difference between securing a home or missing out. Connecting with agents and property managers who know the local market helps you see opportunities before they go public.

While this activity may feel like a typical spring surge, it’s underpinned by strong fundamentals – population growth, infrastructure investment, and stabilising economic conditions – all pointing to a market poised for sustained growth.

 

Where Investors Are Focusing in 2025

Independent analysis highlights several Melbourne regions shaping up as standouts for growth through 2025 and 2026. LGAs such as Monash, Frankston, and Whittlesea are drawing strong attention for their mix of affordability, infrastructure upgrades, and increasing demand.

Each of these areas offers a balance between stability, rental return, and capital growth potential.

• Monash LGA – With thriving education and healthcare sectors, Monash attracts professionals, families, and international students. Ongoing transport upgrades, particularly around Glen Waverley and Clayton, continue to support tenant demand and steady yields.
• Frankston LGA – Known for its coastal lifestyle, Frankston has evolved into one of Melbourne’s most promising growth corridors. The expansion of Frankston Hospital and new transport links have boosted appeal for both renters and owner-occupiers. With relatively affordable prices and strong amenity, Frankston and Seaford remain standout opportunities.
• Whittlesea LGA – Covering fast-growing suburbs like South Morang and Epping, Whittlesea continues to attract young families and first-home buyers with its affordability and access to the CBD. New housing developments and infrastructure investment are driving confidence and long-term potential.

Across these regions, large-scale infrastructure projects – from hospitals to new train stations and education precincts – are lifting liveability and fuelling consistent demand. Areas with strong employment and access to services tend to remain resilient even in changing market conditions.

Forecasts from KPMG suggest Melbourne’s housing market will see moderate but steady growth, with house prices expected to rise 3.5% and unit prices 4.7% in 2025, followed by stronger gains in 2026. For investors, that means the current window offers opportunity before prices rise further.

 

What This Means for Investors

Melbourne offers a rare mix of improving affordability and strengthening fundamentals. Rental demand continues to outpace supply across many suburbs, keeping yields consistent and vacancy rates low.

Interest rates have stabilised, inflationary pressure is easing, and migration continues to support population growth. Together, these factors create a more predictable environment for investors looking to expand or begin their portfolio.

With competition returning and quality properties leasing quickly, professional management can make a significant difference.

A well-managed property not only attracts reliable tenants but also minimises vacancy periods and ensures compliance with Victoria’s rental regulations. In a fast-moving market, expert management protects your investment and long-term returns.

 

Looking to lease or manage an investment property in Melbourne?

Our Melbourne property management team can help maximise performance, reduce vacancy, and provide a level of management that supports your investment goals.