5 Reasons Buying in Melbourne Is A Mistake

Melbourne property investing in 2026 is one of the most debated topics in Australia, but is Melbourne really the next big property market, or are investors walking into a slow-burn trap? In this episode, Michael takes a contrarian look at Melbourne, unpacking why Victoria’s debt, taxes, lockdown scars, crime concerns, investor regulations, and weak interstate migration could make Melbourne far more complicated than the “buy Melbourne now” narrative suggests. If you’re thinking about buying in Melbourne, waiting for a Sydney-style catch-up, or trying to understand where Australian property markets may move next, this episode is for you –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– Chapters: 1:20 — The Lockdown Hangover — Why Melburnians Still Want Out 4:00 — The Buyer’s Agent Reality Check — What Melbourne Locals Are Really Saying 5:23 — Investor Taxes & Regulation — Why Victoria Feels Anti-Investor 6:52 — Melbourne Isn’t What It Was — The Decline of a Once-Vibrant City 8:00 — Crime, Debt & Government Pressure — The Bigger Melbourne Risk Factors 10:48 — International vs Interstate Migration — Why Not All Growth Is Equal 12:11 — Why Victoria Is a Slow Burn — Don’t Expect Instant Catch-Up Growth 15:48 — The Final Warning — Asset Selection Matters Most in Victoria –––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––––– Get in touch today: https://www.youtube.com/watch?v=xKILzQPuLTM&list=PLurnyIhu_VwV2KSGhiFNFhDjux2d0MWVc See more from PBA: https://linktr.ee/pinnaclebuyersagents Watch more episodes: https://www.youtube.com/watch?v=xKILzQPuLTM&list=PLurnyIhu_VwV2KSGhiFNFhDjux2d0MWVc #PBA #PropertyBanter #MichaelLežaja #BorrowingCapacity #PropertyInvesting #BuyersAgent #RealEstateAustralia #WealthBuilding #EquityGrowth #InvestSmart Disclaimer: The information provided in this content is general in nature and should not be considered as personal financial advice. The content host, guests, and contributors are not licensed financial advisors. Please seek professional financial advice that is tailored to your situation and circumstances before making any financial decisions.