Episode Details
Back to Episodes
Is this a genuine buying window in Sydney and Melbourne?
Description
Buyer demand has gone quiet, auctions are being pulled and another interest rate rise could be coming. Is this a genuine buying window, or are Sydney and Melbourne only halfway through the correction?
In this episode of the Australian Property Podcast, Pete Wargent and Chris Bates examine what they are seeing on the ground as investors step back, buyer enquiry dries up and confidence deteriorates. They discuss why falling turnover is hurting agents and state stamp duty revenue, how another RBA hike could affect borrowing capacity and sentiment, and why weak development economics and private credit stress may deepen Australia’s housing shortage.
Pete and Chris also unpack a proposal to let renters and mortgage holders redirect part of their compulsory superannuation towards housing costs. Could early access help Australians buy a home or reduce mortgage debt, or would it risk repeating the inflationary effects of COVID-era withdrawals?
Finally, they answer the practical question facing buyers now: should you wait for another 5% to 10% fall, or act when a scarce, well-located property appears? The answer depends on serviceability, time horizon, property quality and how quickly competition could return when sentiment turns.
If you are buying, upgrading, investing or simply trying to understand this unusual property cycle, this episode offers a clear look at the risks, opportunities and decisions that matter next.
Episode resources
– Ask a question (select the Property podcast)
Show partner resources
– Join Pearler using the code "RASKSWITCH" and get $32 of Pearler Credit
– Whatever comes next for your business, power it with Stripe
Rask resources
– Amy Lunardi Buyers Agency (Melbourne)
Follow us on social media
– Instagram: @rask.invest
– TikTok: @rask.invest
Disclaimer
The information in this episode is provided by The Rask Group Pty Ltd and contains general financial product advice only. It does not take into account your objectives, financial situation or needs.
Before acting, consider whether the information is appropriate for you and consider seeking personal advice from a licensed financial adviser. You can read our Financial Services Guide at www.rask.com.au/fsg. If a financial product is mentioned, consider the relevant PDS and TMD, where applicable, before making any financial decision.
Past performance is not a reliable indicator of future performance. Returns are not guaranteed and capital may be at risk.
The Rask Group Pty Ltd is a Corporate Authorised Representative No. 1280930 of Rask Licensing Pty Ltd, AFSL 563 907.
Learn more about your ad choices. Visit megaphone.fm/adchoices