Rewarding Property Decisions with Jarrod McCabe of Wakelin Property Advisory

Underquoting or market madness? Why the quote range is just one piece of the puzzle


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For many buyers, the agent’s quote range is the first filter they use when searching for a property. But in today’s market, relying on that figure as your sole source of truth can lead to missed opportunities or wasted inspection costs.

Residential property is a unique asset class driven as much by human emotion as it is by financial logic. Understanding the difference between ‘market manipulation’ and ‘market unpredictability’ is key to maintaining your sanity – and your budget – during a campaign.

In this week's episode, Jarrod shares recent case studies from the Melbourne market to illustrate why the final sale price often defies the initial data.

  • Market Fickleness vs. Underquoting: Dissecting a recent result in the Inner North where fear of missing out (FOMO) skewed the data.
  • The unintended consequences of accuracy: Why accurate quotes often lead to failed campaigns in the current climate.
  • The ‘Family Premium’ Case Study: How a specific buyer need in the Eastern Suburbs completely distorted the market value of a standard unit.
  • Empowering the Buyer: Practical advice on using independent tools and professional advice to set your own limit, regardless of the agent's guide.
  • We enjoy providing you with free insights into the Melbourne property market and property investment more broadly. Thank you for listening. 

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    Investing in property makes sense.  Investing in the right property takes knowledge.

    To learn more visit www.wakelin.com.au  |  Instagram  |  Facebook  | LinkedIn  |  YouTube  |  Email

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    Rewarding Property Decisions with Jarrod McCabe of Wakelin Property AdvisoryBy Jarrod McCabe


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