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Momentum Returns: How Politics and Rates are Re-shaping Melbourne's Property Market
Rewarding Property Decisions with Jarrod McCabe of Wakelin Property Advisory
16 minutes 43 seconds
6 months ago
Momentum Returns: How Politics and Rates are Re-shaping Melbourne's Property Market
Melbourne’s property market is at a turning point, with affordability concerns, federal election promises, and shifting interest rate expectations all in play.
But what’s really happening on the ground – and what does it mean for investors?
In this episode, Jarrod explores:
How both major parties’ housing policies could unintentionally drive prices higher, despite aiming to help first home buyers
Why the Reserve Bank’s new dovish stance is fuelling buyer optimism and setting the stage for multiple rate cuts in 2025
Real-world auction stories showing a dramatic uptick in competition and confidence, from one-bedroom apartments to family homes
The ‘flow-on effect’ as buyers recalibrate and competition intensifies across all market segments
Why Melbourne’s comparative affordability is attracting renewed interest from both local and interstate investors
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Rewarding Property Decisions with Jarrod McCabe of Wakelin Property Advisory