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Rewarding Property Decisions with Jarrod McCabe of Wakelin Property Advisory
Jarrod McCabe
100 episodes
4 days ago
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Investing
Business
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Investing
Business
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Apartments and Land: Understand the True Value
Rewarding Property Decisions with Jarrod McCabe of Wakelin Property Advisory
13 minutes
2 weeks ago
Apartments and Land: Understand the True Value
Melbourne's spring property market is heating up, with first-home buyers returning thanks to federal incentives slashing deposits to 5%.   While inner-suburb houses stay out of reach for many, apartments are gaining traction as an accessible entry point – but only if you focus on the right ones for long-term growth.   In this week's episode, Jarrod explains why notional land value – your proportional share of the site's underlying land – separates thriving apartments from stagnant ones, drawing from Wakelin's buyer advisory experience.   As development intensifies and supply tightens, understanding this unlocks apartments that capital growth: The power of notional land in driving appreciation, versus the pitfalls of high-rises with diluted shares Step-by-step guide to calculating your land entitlement and its proportion of the purchase price Top apartment types: Boutique older blocks like Art Deco and 1950s-70s builds on under-capitalised sites Melbourne's value hotspots in eastern and south-eastern suburbs like Boroondara and Stonnington Developer trends targeting these blocks for redevelopment, and hurdles like owner consensus A case study of four apartments sold as a site for 125% uplift, from $1M units to $9M total We enjoy providing you with free insights into the Melbourne property market and property investment more broadly. Thank you for listening.  If you like what you hear, subscribe, like, rate or follow us and tell your friends and family. Investing in property makes sense.  Investing in the right property takes knowledge. To learn more visit www.wakelin.com.au  |  Instagram  |  Facebook  | LinkedIn  |  YouTube  |  Email
Rewarding Property Decisions with Jarrod McCabe of Wakelin Property Advisory