Melbourne's undervalued properties: Wakelin webinar

Property ObserverDecember 7, 2020

Monique Sasson Wakelin and Jarrod McCabe, manager of Wakelin's property advisory team, consider the hotspot v undervalued suburbs issue further, discuss which suburbs are undervalued, and how to invest wisely there.

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Some of the issues covered include:

Issues covered

Time stamp (min: sec)

Hot spot mythology

1:25

Undervalued suburb: our definition

8:04

Melbourne's investment zone

11:35

Undervalued suburb 1

12:35

Undervalued suburb 2

16:45

Undervalued suburb 3

20:57

Other undervalued suburbs

24:30

You can also jump fast forward to find the answer to one of these questions:

No.

Question

Time stamp
min:sec

1

How do we find out which are the good and not so good areas, the best streets etc within a suburb other than chatting to the agents in the area?

27:30

2

Are warehouse conversions likely to have capital growth?

29:30

3

I heard that the south eastern corridor of Melbourne is set to explode, in particular around Clyde and Officer. What do you think?

32:35

4

Can you have capital growth and positive cash flow in the same property?

37:00

5

What is Monique's view on the future direction of Melbourne prices, considering all the prices crashes in Europe?

38:00

6

Buying off the plan?

39:45

7

Is there an oversupply of units in Melbourne?

43:20

8

We want to buy a house to live in as a long term investment in the inner west (Yarraville, Seddon, Footscray, West Footscray, Newport). Which of these suburbs or others, hold the most long term capital growth?

45:06

9

Why do you exclude the West? Areas with great capital growth in recent years such as Footscray, Williamstown and Newport?

47:05

10

Where does Fairfield in the city of Darebin sit in your eyes? Undervalued, rising or overvalued? It seems tightly held. Is it a good suburb to invest in?

49:30

11

Suggestions for upper spending limit $500,000?

51:20

12

Are there areas more suited to an investment property as opposed to a family home?

53:00

13

A solid recommendations for an SMSF investment over the next 5-to-7 years please? House or apartment?

55:00

14

Should I invest in apartments in Fairfield?

57:45

15

Are Bayside Zone 2 suburbs between Chelsea and Frankston likely to attract growth?

58:25

16

Considering the areas you have shown as the best suburbs tonight, which one would you invest in now?

59:35

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