Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

Melbourne Property is 21% Undervalued - Here's Why | Stuart Wemyss Video

Property Investment & Wealth Creation Australia | The Michael Yardney Podcast

Show Notes

Melbourne property investors have endured almost a decade of disappointing growth, and the usual explanation is taxes, debt and government policy.

But what if the biggest cause was the extraordinary 20-year boom that came before it?

By the end of this episode, you'll understand exactly why Melbourne has underperformed for the best part of a decade, why the usual suspects, land tax, state debt, poor sentiment, probably aren't the real culprits, and why the length of Melbourne's flat patch might actually be the strongest signal yet that a powerful new growth cycle is coming.

Stuart Wemyss, my guest today, has crunched forty-five years of data across every capital city in Australia, and what he's found flips the whole "Victoria is broken" narrative on its head.

In this episode, we discuss Melbourne's property market and what its long period of weak growth could mean for investors.

We examine why Melbourne's recent performance may be the aftermath of an unusually strong 20-year boom, rather than the result of one policy or economic factor.

Stuart explains how he uses 45 years of capital city data to compare current prices with long-term trends.

We explore why Melbourne houses and apartments appear below those trends, and what might prompt the market's next growth phase.

The conversation also considers rental yields, negative gearing changes and the choices investors can make when planning for the long term.

Takeaways • A long boom helps explain Melbourne's recent stagnation • Tax changes can shape sentiment without explaining everything • State debt alone doesn't predict property performance • Population growth and productivity support economic expansion • Forty-five years of data reveal long-term market trends • Melbourne houses sit below their estimated long-term trend • Apartments appear further below trend than houses • Percentage growth may ease as property prices rise • Stronger yields may improve an investment's income profile • Buying selectively can matter before growth returns

Links and Resources:

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Michael Yardney

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Stuart Wemyss – Prosolution Private Clients

Stuart's new book – Wealth by Design: 8 rules for smarter investing and financial freedom https://www.amazon.com.au/Wealth-Design-smarter-investing-financial/dp/192318654X/

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About The Michael Yardney Podcast | Property Investment And Wealth Creation Australia

The Michael Yardney Podcast is one of Australia's leading property investment podcasts, helping investors understand the Australian property market and build long-term wealth through strategic property investing.

Each week we explore: • Australian property market updates • Property investment strategies in Australia • Melbourne property market trends • Sydney property market forecasts • Brisbane property investment opportunities • Capital growth property strategies • Property cycles in Australia • Negative gearing and tax strategy • Interest rates and their impact on property • Buyer's agent insights and investment planning

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