Everyone loves a bargain… but not all “cheap” properties are good value. In this episode, seasoned buyer’s agents Lisa Parker and Cate Bakos, with 40+ years of combined Melbourne property expertise, break down what actually makes a true bargain, and why some low prices can lead to costly mistakes.
Learn how to spot the difference between an underpriced gem and a ticking time bomb, how market psychology affects buyer confidence, and why the best buying opportunities often show up when no one else is paying attention.
Lisa and Cate also share real bargain stories, (think: $185K under market!) and give you the signs to watch for when bargain season is just around the corner.
🎧 If you want to buy smart and avoid the trap of the “too good to be true” property, this episode is a must-listen.
✅ Listeners will walk away with:- 📉 The clear difference between a cheap property and a true bargain
- 🔍 What to look for in “compromised” properties — and when to walk away
- 🛠️ How to identify high-potential homes that need love but can grow in value
- 🧠 Why most buyers miss out on bargains due to fear or flawed thinking
- 🏦 Lending red flags: title types, zoning & strata risks that make “cheap” dangerous
- 📈 How to know when the market is ripe for good buying (hint: it's not when everyone else is buying)
- 🧾 The psychology of “it seems too good to be true” — and how to trust your data
- 🕵️ Real signs from agents that a bargain might be on the table
- 💬 Real stories from the field: COVID steals, yield-driven buys, and $180K wins
- 🎯 What to prep in advance so you’re ready to act fast when the right deal appears
We hope you enjoy!
Lisa and Cate