Buying Property in Sydney, Melbourne, or Brisbane? Here’s What You Need to Know (Part 2)

This week, we continue with part two of our East Coast property
market update, once again joined by Cate Bakos. In this episode,
we delve into the nitty-gritty of what your budget can buy in
Sydney, Melbourne, and Brisbane, as the market shifts through
2024. From first home buyers eyeing properties in the $600k-$700k
range to those with budgets up to $1.5 million, we break down the
opportunities and challenges each city presents.


We start with Melbourne, where Cate shares insights on how
infrastructure projects are shaping affordable areas,
particularly in the outer suburbs. Then, we head to Brisbane,
where increasing competition and unique risks—such as black soil
issues—require careful consideration for buyers, especially in
the $700k-$800k bracket. Finally, we turn to Sydney, where the
market remains highly competitive, and buyers with budgets below
$1 million will face difficult choices between apartments and
older homes in outlying suburbs.


Tune in to find out how these three markets compare, what to
watch out for, and where the best value for money can still be
found.


Episode Highlights:


00:00 - Introduction


02:19 - Buying a property in Melbourne, Brisbane and Sydney for
$600k - $700k


09:08 - Buying a property in Melbourne, Brisbane and Sydney for
$700k-$800k


13:41 - Buying a property in Melbourne, Brisbane and Sydney for
$800k - $1 million


21:57 - Buying a property in Melbourne, Brisbane and Sydney for
$1.1 million - $2 million


25:15 - Investment strategies and property selection in Sydney,
Melbourne & Brisbane


32:00 - Rental market & legislative shifts in Sydney,
Melbourne, and Brisbane


44:42 - The challenges of increased land tax and rental reforms


51:29 - Property risks, key drivers, and opportunities —
Melbourne


54:10 - Property risks, key drivers, and opportunities — Brisbane


56:57 -  Property risks, key drivers, and opportunities —
Sydney


Resources mentioned in this episode:


Buying Property in Sydney, Melbourne, or Brisbane? Here’s
What You Need to Know (Part 1)
https://homebuyeracademy.com.au/podcasts/195



Resources:



FREE MINI COURSE: How to price property like a
professional https://www.homebuyeracademy.com.au/freecourse

Meet our recommended mortgage brokers at Home Buyer Academy
https://homebuyeracademy.com.au/brokers

Visit our website https://www.homebuyeracademy.com.au/

Join our Facebook Group to get access to free monthly live
Q&A sessions


https://www.facebook.com/groups/yourfirsthomebuyerguideaustralia

Learn how to buy property without making a mistake with our
ultimate 10-step online course for first time home buyers
https://homebuyeracademy.com.au/YFHBG

If you have any questions or would like to be featured on our
show, contact us at: Your First Home Buyer Guide Podcast
support@homebuyeracademy.com.au

Looking for a Sydney Buyers Agent?
https://www.gooddeeds.com.au

Work with Veronica: https://www.veronicamorgan.com.au

Looking for a Brisbane Buyers Agent?
https://www.propertypursuit.com.au/

Work with Meighan: https://www.linkedin.com/in/meighanwells/



If you enjoyed today’s podcast, don’t forget to subscribe, rate,
and share the show! There’s more to come, so we hope to have you
along with us on this journey!


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