Rewarding Property Decisions with Jarrod McCabe of Wakelin Property Advisory

When considering a prospective apartment, most buyers quite rightly focus on identifying potential upgrades and faults within the dwelling. What is also critical is the less controllable elements of the property - particularly issues that sit with the owners corporation, formally known as the body corporate.

Melbourne’s rental market has seen a dramatic turnaround over the last 18 months to two years. Jarrod is joined by Rebecca Berry, Head of Property Management at Belle Property St Kilda and Brighton, to discuss the resurgent market, and what it means for rental providers and property investors.

After the skyrocketing prices last year - a new peak was reached - and the Melbourne market has now moved into the adjustment phase. Thus allowing for a greater focus on value, rather than the competition. Jarrod explains how to optimise property purchases in a rebalancing market.

Jarrod speaks with Peter Alexander, Director and lead inspector at Safehome Building Inspections in Melbourne. He takes us through the critical importance of building and pest inspections when purchasing an investment property and provides valuable tips about problems worth solving and others to avoid.

Some real estate industry terminology can be dry and administrative, while other phrases - particularly those used by agents can be a little less factual, albeit amusing. Regardless of its entertainment value, it’s important to understand the key industry lingo as you search and negotiate for a property.

Melbourne isn’t swinging from a seller’s to a buyer’s market. But it is rebalancing. Let’s look at the factors behind the current trend, and how buyers and vendors alike can optimise their investment decisions as the market recalibrates.

Upgrading an apartment can significantly increase how much prospective buyers and renters are willing to pay. But not all property improvements are considered equal. Find out the key areas of focus to maximise your time, spending and returns.

This is the second installment in our three part series, helping you successfully invest in Melbourne’s apartment market. We explain the difference between under versus over capitalising in your apartment and how it can either boost or detract from future sales and rental values.

There are signs that Melbourne’s rental apartment market is currently undervalued and is set for intensified growth. Today we bring you the first installment in our three part series, providing you expert advice to help you successfully invest in Melbourne’s apartment rental market. Guest: Jordan Telfer

Victorian property investors have the Federal and State elections to contend with this year, so let’s explore how elections have impacted the market in the past, and the impact they may have on the market this year.

Melbourne's 2022 Property Report part 2: Learn how to protect and even capitalise on any interest rate rises, make the most of Melbourne’s rebounding rental market, and understand potential price movements 

Melbourne’s 2022 Property Report has been designed to provide key insights into the trends, opportunities and outlook in the year ahead. Listen to me talk you through it to ensure your property investment decisions yield positive long term results.

Between them, Wakelin Property Advisory Founder, Richard Wakelin and Director, Jarrod McCabe have purchased hundreds upon hundreds of Melbourne homes over the decades. Let’s take a trip down memory lane and look at their best career purchases, from both a house and unit perspective.

While a single auction bid may take seconds, it’s a moment that can unlock long term financial rewards for years to come. Let’s drill down on the auction bidding process, exploring successful strategies to help you edge out the competition.

Buyers often start off the purchasing process with an ideal property in mind, however like most things in life, ideals often have to give way to practicalities. After a number of failed attempts to secure their top priority properties, many buyers realise they need to make some compromises. Let’s look at dealing with second preferences and bridesmaid suburbs.

Off-market properties provide valuable and unique opportunities for those in the know. However, given its nature, it’s an area that can seem a little mysterious for many property investors. So let’s prise open and explore the world of off-market property.

The Statement of Information was introduced in 2017 as a measure to provide greater transparency and prevent under quoting. Unfortunately in the time since, agents have developed workarounds and exploited loopholes, which have rendered much of the information unreliable. Learn how to identify the crafty techniques that all too often catch buyers out.

Expressions of interest campaigns have been increasing in popularity throughout the uncertainty of the pandemic. While expressions of interest can provide vendors with greater surety, they can be daunting for many buyers unfamiliar with the process.

Victoria’s tentative roadmap out of COVID-19 lockdowns, and the advent of one-on-one inspections, are set to revive property market activity. However, those preparing to buy or sell in the coming months, will need to adapt to shifting operating and market dynamics.

Fear of missing out (FOMO) amid strong market demand once lockdowns ease means buyers may gloss over potential red flags that must be identified and evaluated before purchasing a property. Learn how to carry out the necessary due diligence to avoid common pitfalls that can risk upending a successful property investment strategy.

When COVID-19 restrictions eventually ease, we can expect a fast rising market, just as we saw following last year’s protracted lockdown in Melbourne. How do you accurately assess a property's value in a rising market to ensure you capitalise on key investment opportunities.

Residential property investment is a business venture and requires a rational and objective state of mind. Unfortunately, given the aspirational nature of property, emotions often bleed into investment decisions. Understand the fundamentals of selecting an investment property that will deliver long term capital growth and robust rental yields.

Strong market demand has seen the perennial debate over underquoting rear its head again. Buyers say vendor reserve prices are not conveyed transparently, while agents argue purchasers don’t disclose their top price limits. Understanding how to navigate these competing elements will ensure property investors spot pitfalls and maximise opportunities.

Winter is certainly upon us in Melbourne, which typically sees many people’s property investment activity head into hibernation. However, savvy investors looking to transact property must remain attentive, especially this winter, which has seen an unusually large amount of market activity through the typically quieter period.

Understanding the characteristics and idiosyncrasies of a particular suburb, and how that plays into broader market expectations and demand is critical when investing in property. Each suburb is governed by differing buyer expectations and guiding rules, meaning a dwelling type that may be attractive within inner Melbourne, may be much less so in the middle suburban ring.