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BACK DUE TO POPULAR DEMAND… in today’s show, Cate Bakos provides an exclusive Melbourne property market update for Long Property Show listeners.
Cate is a true professional and winner of the 2018 National Buyer’s Agent of the Year. She buys multiple properties for clients literally on a weekly basis and therefore her ‘on the ground’ insights are very informative.
Cate explains why in the current downturn some of Melbourne’s most affluent suburbs have been the hardest hit – particularly at the higher end.
- Is now the opportunity for you to get into a suburb which was previously unaffordable?
- Perhaps you can now upgrade from an apartment to a larger house, whereas previously this was out of reach?
We also get…
- A real life case study about clients who successfully pulled off the ‘upgrade arbitrage’ in the current market, and benefited immensely
- Specific performance data at the suburb level, indicating where falling house prices have been the most pronounced
- Signs of renewed investor activity, and potential market recovery
Going beyond the generalised media, if you want a feel for what’s really happening in the Melbourne property market, then this episode is for you.
There are also plenty of insights for the people interested in the Melbourne market, but not sure when or how to transact.
Enjoy the show!
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If you have specific questions for myself or Patrick you can email hi@longproperty.com.au and we’ll respond within 24 hrs.
If you like this episode you can subscribe to the Long Property Show here.
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The Long Property Show provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. Nothing in the Long Property Show constitutes legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
