Rewarding Property Decisions with Jarrod McCabe of Wakelin Property Advisory

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 that don’t typically make the tourist maps and ‘what’s hot lists.’

Jarrod takes a journey to some of Melbourne’s hidden gems and best kept secrets.

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 should investors take note? 

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 process, and understanding these can be crucial when deciding which suburbs to invest in.

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 buying process.

As winter approaches, the property market tends to slow down.  But that doesn't mean you should, if you’re looking to buy.

Jarrod looks at the key mistakes to avoid this winter.  The best opportunities aren't tied to the season, but to your readiness to act. 

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 enter the market. 

To explore this Jarrod enlisted the expertise of Mark McCrindle, Demographer, social researcher, bestselling author, and TEDx speaker.

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 last 25 years, and how you can leverage them to aid your investment performance, whilst avoiding the potential pitfalls that come with new technology.

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 joined Jarrod to discuss the influence of interest rates on the property market and factors that determine the ability to purchase property.

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 Kilda & Brighton, lends her knowledge to the report as one of its expert contributors. 

Rebecca joined Jarrod in detailed conversation, sharing her valuable perspectives and strategies to maximise benefits from Melbourne's booming rental demand.

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 rates.

Wakelin Property Advisor, Jordan Telfer, joins Jarrod to look at the dynamics and strategies at play, so investors can capitalise on the strong demand to optimise returns.