New Build vs Established Homes: Which Property Makes the Better Investment?
Melbourne Property PodcastShow Notes
Does the tax advantage of a new build actually make it a better property investment?In this episode of the Melbourne Property Podcast, Sky and Lindsay unpack the impact of the 2026 Budget changes to negative gearing and examine whether investors should now favour new residential builds over established property.
The discussion goes beyond tax deductions to compare the fundamentals that actually drive long-term property performance, including cash flow, depreciation, location, land value, supply, rental demand, owner-occupier demand, build risk and resale depth.Sky and Lindsay also break down several Melbourne growth corridors, including Tarneit, Donnybrook, Clyde North and Beveridge, looking at supply, vacancy, building approvals, inventory, days on market and hold periods. The episode explains why high levels of competing supply can make it difficult for new-build locations to achieve strong capital growth.The episode also explores the genuine advantages of new builds, the risks around construction delays and defects, developer margins, and why an established property can still offer stronger long-term investment fundamentals.
Episode highlights include: • How the 2026 Budget changes negative gearing for residential property • Why negative gearing should support an investment strategy, not determine it • The genuine advantages and risks of buying a new build • How supply, building approvals and vacancy rates can affect capital growth • Why owner-occupier demand and resale depth matter for long-term performance • A practical checklist for comparing new builds with established propertyEnjoying the podcast and want to support future episodes?
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