I was recently interviewed by Ticker News about what’s happening in Melbourne’s property market right now, and I wanted to expand on some of the points we discussed because I think there’s a real opportunity unfolding for savvy buyers!
Rising Competition Signals Market Confidence
During my interview, I talked about the increased buyer activity and competition we’re witnessing at auctions. We’re regularly seeing multiple bidders show up, which is a strong indicator of market confidence returning. Both first-time buyers and investors are getting serious about purchasing, and that competitive energy is palpable.
What really stands out to me is the affordability factor driving investor behaviour. I’m seeing interstate investors (particularly from Sydney and Western Australia) recognising that Melbourne is genuinely undervalued right now. When investors from more expensive markets start paying attention, that tells you something important about where we’re positioned.
The Suburbs Drawing Attention
In the interview, I highlighted several areas experiencing notable activity. Suburbs like Fawkner, Hadfield, Glenroy, and parts of Keilor East and Avondale Heights are seeing strong interest, largely thanks to first home buyer incentives making these areas accessible entry points.
But it’s not just about metro Melbourne. The Frankston area and regional hubs like Ballarat, Bendigo, and Geelong are also showcasing strong buyer demand. These locations offer excellent value for buyers who can look beyond the traditional inner-city suburbs.
My Strong View on Property Type
I was quite clear in the interview about this: I favour home purchases over apartments. Unless you’re buying for pure lifestyle reasons, I generally advise against apartments. Why? Many older apartments have actually decreased in value over time.
My recommendation to clients is always to prioritise land acquisition within budget. Land holds its value and appreciates more reliably than strata properties. It’s a fundamental principle that serves buyers well over the long term.
Why I’m Bullish on 2026
A pivotal year for Melbourne’s property sector is what I expect 2026 to be. We’re in that crucial window right now where buyers can position themselves before the market potentially strengthens significantly.
The combination of current affordability, returning buyer confidence, and Melbourne’s undervalued position compared to other capitals creates a compelling case for strategic action now.
Building Your Support Team
In the Ticker News piece I emphasise the importance of having the right support team, especially as competition increases. Working with experienced buyers’ agents who can identify off-market opportunities gives you a significant advantage in this heating market.
As auction competition intensifies, having professionals who understand the landscape and can act quickly on your behalf becomes increasingly valuable.
What’s Next?
The Melbourne property market is at an inflection point. The activity we’re seeing now, combined with what I anticipate for 2026, suggests this is a strategic time to be making moves, whether you’re a first-time buyer taking advantage of incentives or an investor recognising Melbourne’s value proposition.
If you’ve been considering entering the market, the trends I discussed with Ticker News suggest the time to get serious is now.
Ready to make your move in Melbourne’s property market? Book a free consultation today to discuss your property goals and discover how we can help you get it right the first time.
