The current price growth is little more than a measurement of a small moment in time.

It tells us nothing about the outlook for a property market.

For Melbourne, the underlying fundamentals are completely different to the short-term headlines.

In this week’s episode, I look longer term and deep dive 8 factors that will help predict future Melbourne property prices.

 

Discussion Points:

0:00 Introduction

2:50 The current reality in Melbourne  

6:02 Factor #1: High housing supply = low price growth

7:38 Factor #2: Rental housing supply vs housing supply in general

8:17 Factor #3: Internal net migration population decrease in Melbourne

8:55 Factor #4: 10 years of benefiting from overseas migration forecasts unfavourable results

9:31 Factor #5: Job growth levels are at the weakest in Melbourne by only 2%

10:17 Factor #6: Using job advertisements as a leading indicator for job growth

11:18 Factor #7: Key relative listings, transactions and number of homes being sold across Aus

12:45 Factor #8: Good office occupancy rates as an indicator of good economic health

14:16 Concluding factor for this episode

15:56 My strong recommendation for you

 

About The Host:

PK Gupta is the founder of the Property Investment Accelerator — a course that helps people achieve passive income through property investing using DATA, WITHOUT wasting months doing "research", spending weekends at inspections OR dropping $10-20k on Buyers Agents each time.

 

Resources:

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