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Is now a smart time to buy? RBA on hold, Melbourne and the next move
Description
In this Australian Property Podcast episode, Pete Wargent and Chris Bates unpack one of the biggest questions in property right now: is the current slowdown creating a genuine buying window, or are buyers still too early?
They break down the Reserve Bank’s August hold, what the latest press conference signals for rates, and why soft sentiment is colliding with an 11-week high in auction clearance rates. Melbourne is a major focus, with the pair exploring whether better auction results, stronger yields and years of underperformance could finally set the city up for a rebound.
Pete and Chris also dig into the listings story. They explain why higher stock levels matter, why some data sets are telling slightly different stories, and why buyers should watch what actually sells, what passes in and where competition is still real. Their broader message is that headline fear can hide the fact that quality assets may already be finding support.
The episode also covers mortgage competition, bank forecasts of deeper price falls, and why investor-heavy markets in Brisbane, Adelaide and Perth may still be the ones to watch most carefully from here. In the listener Q&A, they tackle off-the-plan risk in Castle Hill and the leading indicators that matter most after the Budget.
If you want a practical market update on rates, listings, buyer psychology and where the next opportunities may emerge, this is a timely listen.
Episode resources
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Rask resources
– Amy Lunardi Buyers Agency (Melbourne)
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