Is Melbourne property still worth investing in in 2026? With rising land taxes, new regulations, and investor uncertainty, many Australians are avoiding Victoria, but buyer's agent Dawn Fouhy is doing the opposite.In this episode of the Australian Property Investment Podcast, Aaron Christie-David sits down with Dawn to unpack the Melbourne property market, where opportunities may still exist, and why some investors are quietly buying while others sit on the sidelines.They break down Melbourne vs other Australian markets, the impact of land tax changes, why units and townhouses could outperform houses, and how population growth, affordability, and owner-occupier demand could drive the next phase of the cycle.Dawn also shares the suburbs investors are sleeping on, why Geelong is becoming increasingly investable, and what strategy she would use if starting again today with a limited budget.If you’re a business owner, professional, or investor trying to decide where to buy next in Australia, this episode will change how you think about Melbourne property.Chapters:00:00 — Is Melbourne Property Still Worth It?00:40 — Why Investors Are Avoiding Victoria03:13 — Taxes, Regulations & Investor Fear06:07 — Why Dawn Is Still Buying in Melbourne07:36 — The Case for Units & Townhouses09:49 — Where Melbourne Sits in the Property Cycle11:54 — Why Owner-Occupiers Drive Growth15:18 — Melbourne vs Geelong: Where to Invest18:03 — Population Growth & Future Demand21:02 — How to Choose the Right Suburb25:18 — The Land Tax Debate Explained29:06 — Why Melbourne Is So Polarising31:33 — How Buyers Agents Identify Winning Properties36:01 — Why DIY Investors Miss Opportunities39:15 — Counter-Cyclical Investing Explained40:05 — Rapid Fire Questions 🔥45:33 — From ICU Nurse to Property Investor49:02 — The Decisions That Will Shape the Next Decade🎙️ About Dawn FouhyDawn Fouhy is a Melbourne buyers' agent and founder of Future Proof Property Advisory, known for helping time-poor professionals build property portfolios using data-driven strategy and on-the-ground insights.🎙️ About Aaron Christie-DavidAaron Christie-David is the Founder of Atelier Wealth and host of the Australian Property Investment Podcast, helping business owners and professionals build wealth through smart lending and property strategy. To connect with Aaron or book a strategy session, visit atelierwealth.com.au.