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Investing in property makes sense, investing in the right property takes knowledge. Welcome to the Rewarding Property Decisions podcast. Join me, Jarrod McCabe of Wakelin Property Advisory, for expert insights into the fundamentals, trends and opportunities to help you create long term wealth through smart property decisions.
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Join Jarrod as he explores which additions are worth the cost, from both an investor and owner-occupier perspective. Are swimming pools worth the investment? Do granny flats or studios add more value? What’s the impact of adding a garage or dedicated parking space? Should you consider an outdoor entertaining area? We enjoy providing you with free i…
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Jarrod is joined by Brenton Potter, Wakelin’s Manager of Property Advisory, to answer the most frequently asked client questions. In this episode, we'll explore: How long should I expect it to take for you to find me a property? Bricks versus weatherboard, what's the better option? When buying an apartment, is there a preference for a particular le…
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For many Australians, property investment is a major financial decision that often brings significant stress. In this episode, we unpack the mental and practical challenges investors face and provide strategies to overcome them with confidence. In this episode, we'll explore: How mindset can impact your investment decisions Overcoming the Fear of B…
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Poor growth over the past two to three years, a decline in investor activity, and limited buyer numbers has seen popular sentiment on Melbourne’s property market sour in recent times. But is this negativity warranted? We take a deep dive into the factors impacting Melbourne real estate and explore why now might be the perfect time to buy. In this e…
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Jarrod discusses how to approach going from one property to two (or more) using the ‘Why, When, How, Where, and What’ framework. In this episode, we’ll explore: Why expanding your portfolio is a strategic move for long-term wealth building When the right time is to consider a second property based on market conditions and personal circumstances How…
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Jarrod explores the extensive infrastructure developments occurring across Victoria under the ‘Big Build’ initiative. Join us as we discuss: The transformative impact of new transport links like the Metro Tunnel and West Gate Tunnel How healthcare and educational expansions could boost local property markets The dual-edged nature of development – b…
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With Melbourne’s Spring selling season approaching, and supply and activity picking up, it provides a valuable time to gauge how the market is tracking. And what it signals for the city’s upcoming auction season. Jarrod explores some key insights and trends that are set to shape Melbourne’s Spring selling season. Rising Auction Numbers Impact on Pr…
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We are well and truly heading towards the Spring auction market for 2024. So, who better to provide some insider insights, than a third-generation auctioneer, Director of Marshall White, Port Phillip, Kaine Lanyon. For more than 25 years Kaine has witnessed buyers try many tactics to win at auction. He know what works and what doesn't. How to edge …
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With Melbourne property prices remaining subdued, the gap between rental costs and mortgage repayments has narrowed, which means first-time buyers, particularly renters, are finding homeownership more attractive and attainable. This shift is leading to an unusual trend: renters are increasingly able to purchase their rented properties from their re…
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The property investment landscape is overflowing with opinions and commentary, some helpful, some a distraction and some downright misleading. At Rewarding Property Decisions, our mission is to cut through the noise and empower you with the knowledge you need to make truly rewarding property choices. As we often say, “Investing in property makes se…
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Beyond the well known municipal and lifestyle features that deservedly make Melbourne one of the world’s most livable cities, lie the hidden suburban gems and insider secrets that only locals know about. We’re not talking about the well known suburb draw cards, like Edinburgh Gardens, Albert Park Lake or Lygon Street. We're looking at the places th…
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As the cost of living crisis continues to squeeze Victorians, many are seeking affordable housing and lifestyle alternatives in regional areas. As a former country boy, it got Jarrod thinking - could the regional migration initially sparked by the COVID-19 pandemic be experiencing a second wave, this time caused by the cost of living crisis, and sh…
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Like other major cities around the world, Melbourne has undergone significant gentrification of once undesirable, working class suburbs. But how has the city’s gentrification process taken shape over the decades, and what are the dynamics to consider as we look to the future? Jarrod explores several key factors that drive Melbourne’s gentrification…
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Buying a property is a massive decision. It doesn't matter whether it's your first home, fifth or sixth investment property. The decision needs to be grounded in research and backed up by tangible evidence to ensure you’re putting your best foot forward. Jarrod McCabe looks at the key research steps you need to take before you launch into the buyin…
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Each generation’s economic and social experience is different, and goes a long way to shaping their property investment journey. However, most agree their first property purchase was the hardest. This is especially true now, given the rapid price rises in recent years. So is there still an appetite amongst the younger generation – ‘Gen Z’ – to ente…
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Technology advancements have transformed the real estate sector over the past quarter-century. While there is no doubt new technology has provided greater information, access, and convenience for both buyers and sellers, there are also areas of risk and concern. Jarrod explores the key technological shifts across the local property market over the …
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Interest rates tempered the Melbourne property market in 2023, but the anticipated easing of rates later this year could revive buyer confidence and spark increased market activity and competition. Stuart Wemyss, Director at ProSolution Private Clients provided valuable insights to The Wakelin Property Report as one of its expert contributors. He j…
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Melbourne’s surging rental market is just one of the five pivotal factors poised to shape property investment in 2024. These insights are explored in this year’s Wakelin Property Report, offering strategic keys to leverage each trend for successful investment outcomes. Rebecca Berry, Partner and Head of Property Management at Belle Property St Kild…
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Melbourne’s rental market is running hot. Early 2024 has seen huge numbers at open for inspections, leading to significant rent increases for owners. This surge, while typical from mid-January to mid-March, has been intensified by an exceptionally low vacancy rate and lack of supply, creating a unique window for investors to seek premium rental rat…
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We've been highlighting our most popular Rewarding Property Decisions episodes over the summer break. Taking out the number one position is our episode "What to inspect at an open for inspection." As the market warm ups after some quiet months, listings begin to increase for what is typically a busy selling season. That obviously increases opportun…
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While we're away on our summer break, we're sharing with you our most popular Rewarding Property Decisions episodes, receiving the highest number of downloads. Coming in at number two is our episode "Is a holiday home a good investment?" - perfect timing, given the season. We often receive enquiries at this time of year from clients considering pur…
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While we're enjoying a break over the Australian summer, we thought we’d share with you our most popular Rewarding Property Decisions episodes, receiving the highest number of downloads. Coming in at number three is our episode "Melbourne apartments: under vs over capitalising." Jarrod was joined by Jordan Telfer to look at how to get the most from…
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While most people have their eyes firmly fixed towards the festive season and holiday break once we tick over into December, it’s a useful time to look back on the Spring property market that has just passed, to gather some takeaways and learnings. This Spring lacked the intensity and hype of some previous years, but was still marked with some nota…
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With Jarrod's background in valuations, he has always been fascinated by property price movements. Particularly the complex interplay of factors influencing their directions, both up and down. Over the years, he's determined that the main drivers can be grouped into three major categories – the general economy, the property market, and the property…
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Buying a property is one of the biggest decisions of your lifetime. There’s a multitude of crucial practical and financial considerations to navigate prior to purchasing a property. But what about the psychological perspective? It’s often overlooked, but it’s a critical aspect to consider when you’re on the hunt for a property. Over the years, we'v…
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While every Spring sees Melbourne’s property market activity intensify, each year’s selling season has particular dynamics shaping the state of play between buyers and sellers. Jarrod spoke to one of Melbourne's leading real estate agents, Stuart Evans, Director of Marshall White in Boroondara about the shifts and trends impacting Melbourne’s 2023 …
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We’re now entering the heart of Melbourne’s Spring property market – when buyer competition is usually at its most fierce. This upward shift can often wrong foot buyers, who fail to meet the market and resist paying a necessary premium for quality properties. What often unfolds can be a painful, but an all too common scenario. The market races away…
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As cost of living pressures escalate, home ownership becomes increasingly challenging, and the rental supply dwindles, fierce political, social, and industry debate has intensified – unfairly pitting renters against property investors. While at Wakelin, we don't claim to have all the answers, we do aim to cut through the emotions and rhetoric to of…
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Melbourne’s Spring property season is upon us and many vendors will be gearing-up for their sales campaigns. It’s typically a time when market activity is at its most lively and buyers are out in force - so often it’s a good time to sell for vendors. But, even in the most frenzied of Spring markets, a badly run sales campaign can see the strongest …
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Interest rates, uncertain market dynamics and the initial specter of rental caps have seen many investors left pondering the future viability of their property investments. Some of the questions we’ve been fielding include whether to retain or sell a property. If the decision is to sell, what renovations are worthwhile? Likewise, if they continue t…
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Time is an important resource within property investment, just as it is throughout all aspects of our life. In the third edition of our Reminiscing with Richard series, Jarrod and Richard explain why the key to successful property investment is all about time spent in the market, rather than getting caught up trying to time the market. Time is such…
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One of the most important decisions when planning a sales campaign is deciding on the method of sale. Jarrod McCabe looks at the most typical methods, from auctions through to off-market sales. What’s the best approach for you when it comes time to sell your property? Please rate our podcast and leave a review if you can.…
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There are strong signals that the property market is moving into recovery mode, and a lot sooner than many people were anticipating at the start of the year. CoreLogic’s national Home Value Index (HVI) is 1.0% higher over the past three months, indicating that the housing market has moved through an inflection point after the sharp declines of 2022…
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Property and law intersect regularly, so it pays to know key legal issues that may impact your investment decisions. One such area is restrictive covenants. These are private treaties or written agreements between landowners that limit the way land can be used and developed. Many were introduced in the early part of last century, but can cause unsu…
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Attracting buyers as part of a traditional sales campaign involves planning, time and resources. But what happens when a potential buyer approaches you out of the blue? We are regularly contacted by people seeking advice on this exact situation. Jarrod outlines the different scenarios and how to respond to get the best outcome.…
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Our latest episode in the Reminiscing with Richard series picks up where we left off, where we discussed the five key principles surrounding property investment - capital growth, income, personal control, adding value, and tax advantages. Now that the fundamental principles are understood, Wakelin founder Richard Wakelin explores the key considerat…
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What makes a suburb the location of choice for an investor? It's a question we're always asked at Wakelin Property Advisory, and with good reason. While it’s an obvious query, the answer is complex and must take into account a myriad of factors. Jarrod looks at the keys to searching for, assessing and purchasing a top quality investment property.…
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Property advice and theories can come from all directions. Some are sound and should be considered, while others, albeit, well meaning should be taken with a grain of salt - typically from relatives or friends at a Sunday afternoon barbecue. Wakelin Property Advisor, Jordan Telfer joins Jarrod McCabe to unpack some of the more common property misun…
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At Wakelin Property Advisory, we’re fortunate to have more than half a century of property investment experience, which forms the bedrock of our knowledge, expertise and client services today. This comes by way of Richard Wakelin, our founder, who has been a pioneering force across Australia’s property investment landscape over the decades. We’ll b…
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We’re now starting to see the Melbourne market stabilise after the volatility caused by the sharp and ongoing interest rate rises over the last year. Given there is solid competition for good quality properties, but also reduced competition for compromised properties, many vendors and agents are considering selling a property before auction. Jarrod…
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The prestige property market can be a world unto itself, often running at different angles than broader market trends. One of Melbourne’s most notable prestige areas is the beachside suburb of Brighton and the wider Bayside area. So what makes this area so in demand, what are people willing to pay, how has the market performed in relation to the br…
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Whilst the broader property market has softened over the last 12 months, Domain’s School Zone report shows houses within public school catchment areas have vastly outperformed their respective suburbs, with values rising 10 times faster in some cases. At face value that obviously makes a compelling case for investing in school zones, but as always …
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