Hunter has been linked to a move away from the Dogs previously, having played just 10 games this season after taking two months of mental health leave.
His manager Paul Connors suggested that he might be looking for a change of scenery this trade period after a tumultuous couple of years at the Dogs.
"Lachie (Hunter) and I have actually been having some good dialogue this week, he's spoken to the club, feels like a fresh change might be good for him," Connors told SEN.
"It is late, but I would be suggesting he's a 50-50 chance to move.
"We've kept it quiet, we think that there's a little bit of interest for both parties.
"Sometimes there's a win-win for player and club, and I think the player and club would think a fresh start for Lachie would be wonderful."
Connors hinted that the club that is interested in Hunter is one that has significant trade activity still to be completed before the 7:30 AEDT AFL trade deadline today.
Melbourne list manager Tim Lamb quashed any suggestion that that club might be the Demons, stating that a deal for Hunter is unlikely.
"Yeah, there has been some suggestion but that's, you know, really sitting in sort of a no man's land at the minute," Lamb stated on AFL Trade Radio
"There's been no commitment from us or no commitment from the Bulldogs. So, yeah, I think that's probably unlikely at the moment."
7 News have reported that Hunter is "chips in" on leaving the Dogs in favour of a move to Melbourne, however a switch heavily relies on the latter's willingness to trade for the winger.