Show Notes
Everyone loves a bargain… but not all “cheap” properties are good value.
In this episode, seasoned buyer’s agents Lisa Parker and Cate Bakos, with 40+ years of combined Melbourne property expertise, break down what actually makes a true bargain, and why some low prices can lead to costly mistakes.
Learn how to spot the difference between an underpriced gem and a ticking time bomb, how market psychology affects buyer confidence, and why the best buying opportunities often show up when no one else is paying attention.
Lisa and Cate also share real bargain stories, (think: $185K under market!) and give you the signs to watch for when bargain season is just around the corner.
🎧 If you want to buy smart and avoid the trap of the “too good to be true” property, this episode is a must-listen.
✅ Listeners will walk away with: 📉 The clear difference between a cheap property and a true bargain
🔍 What to look for in “compromised” properties — and when to walk away
🛠️ How to identify high-potential homes that need love but can grow in value
🧠 Why most buyers miss out on bargains due to fear or flawed thinking
🏦 Lending red flags: title types, zoning & strata risks that make “cheap” dangerous
📈 How to know when the market is ripe for good buying (hint: it's not when everyone else is buying)
🧾 The psychology of “it seems too good to be true” — and how to trust your data
🕵️ Real signs from agents that a bargain might be on the table
💬 Real stories from the field: COVID steals, yield-driven buys, and $180K wins
🎯 What to prep in advance so you’re ready to act fast when the right deal appears We hope you enjoy!
Lisa and Cate
More from The Melbourne Property Hour
Victoria’s property quoting rules are changing — but will they actually make buying Melbourne property easier?
What’s really hiding in your contract of sale?
🎙️ What can a buyer's advocate tell about a property in the first five minutes? More than you might think.
🤔 What happens when fear becomes the biggest obstacle between a buyer and the right property? In this episode of The Melbourne Property Hour, Lisa and Cate introduce "Sally", a fictional first home buyer who represents the many buyers currently sitting on the sidelines, waiting for property prices to fall further.
Think costly property mistakes only happen to inexperienced buyers? Think again.