Show Notes
Published: 19 July 2026
In this episode of the Melbourne Property Podcast, hosts Sky Hammer and Lindsay Hammer revisit one of the most debated topics in Melbourne property investing: apartments.
While freestanding houses continue to be their preferred long-term investment, changing market conditions have prompted a fresh look at quality apartments as a cashflow strategy. With borrowing capacities reduced following the 2026 Federal Budget, higher interest rates and investors placing greater emphasis on serviceability, the conversation explores whether Melbourne apartments are beginning to offer compelling opportunities once again.
Sky and Lindsay discuss what separates an investment-grade apartment from the rest of the market, why boutique older-style complexes often outperform high-density developments, and why buying below replacement cost could present long-term value for patient investors.
The episode also examines the suburbs they're currently watching, the key data points they use to assess apartment markets, and the common mistakes investors make when chasing high rental yields without considering long-term capital growth.
Using real case studies from South Yarra, Highett and Northcote, they demonstrate the type of opportunities emerging in today's market while explaining the due diligence required before purchasing an apartment.
If you're an investor navigating tighter lending conditions or looking to improve cashflow without compromising on quality, this episode provides practical insights into when apartments may deserve a place in your investment strategy.
Episode highlights include: • Why apartments are becoming more attractive in today's lending environment • The impact of the 2026 Federal Budget on investor strategy • Why cashflow is playing a bigger role in property investing • The apartment characteristics that make the best long-term investments • Boutique apartment blocks versus high-density developments
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