Moorabbin Property Update: Days on Market Climb as Vendor Discounting Edges Up

Houses in Moorabbin are now spending noticeably longer on the market, while sellers have begun trimming asking prices at a sharper rate compared to earlier this year.

This shift comes as the local property market cools after last year’s brisk sales. For Moorabbin homeowners and buyers alike, days on market and vendor discounting offer insight into changing market confidence and negotiation power, making these trends particularly relevant amid shifting buyer demand.

Longer Wait on Wickham Road, More Bargains Near Cheltenham Road

Data from recent listings shows that properties on Wickham Road and the neighbourhoods surrounding Bricker Reserve are taking up to 41 days to find a buyer, compared to the under-three-week turnaround seen on many Moorabbin homes during the surge last spring. Local agencies, including Hodges and Buxton Moorabbin, have flagged increased inquiries from price-conscious buyers and more frequent mid-campaign price adjustments by vendors in pockets near Church Street and along the popular retail precinct of Station Street.

CoreLogic’s June 2026 snapshot recorded the average Moorabbin house sitting on the market for 39 days, up from 29 days in February. Vendor discounting has ticked upward as well, with the median sold price typically coming in roughly 3.2% below initial listing-higher than the 2.6% discount observed late last year. Several sellers near Moorabbin Primary School and adjoining Linton Street have reported accepting slightly lower offers after extended periods without serious bids.

Looking Ahead: More Negotiation, Considered Decisions

Agents working out of Kingston Central Shopping Centre say the current trend may hold through winter as buyers remain selective and financing conditions continue to shift. Locals considering selling are advised to be realistic about pricing in the current climate and to anticipate a longer marketing period, especially for larger homes or those needing updates.

With discounting on the rise and listings lingering for up to six weeks in some cases, buyers are finding more room to negotiate, particularly around sought-after local amenities such as Moorabbin Oval and the Holmesglen Institute campus. Observers expect the market’s measured pace to persist, giving both sides more time to weigh their options rather than rushing to close before spring.

This article is general information only and is not personal financial or investment advice. Consider your own circumstances and seek licensed professional advice before making financial decisions.