Ep. 62 | Australia's Most Undervalued Property Market? Why Melbourne Could Be The Next Boom

Is Melbourne Australia’s most undervalued property market right now? In this episode of Buying Melbourne, Tristan Larkin is joined by Joel, Head of Strategy at Tomii, to explore why Melbourne could be the next property boom. They dive into auction trends, affordability, investor activity, and future growth hotspots to uncover where the smart money is heading.What You'll Learn:Why recent Melbourne auction clearance rates are low, and what it really means for the marketHow affordability is driving interstate investors from Sydney, Perth, and Brisbane into MelbourneThe suburbs and satellite cities poised for long-term growth, including Frankston, Bendigo, Geelong, and Malvern EastWhy on-the-ground insights and speaking to agents are crucial for identifying true market valueHow yields in affordable suburbs are attracting both investors and first-home buyersWhy house-and-land packages may be a risky move for new investorsThe growing importance of combining data analysis with firsthand market knowledgeInsights into Melbourne apartments, high-rise developments, and future supply constraintsRapid-fire suburb picks: underrated areas to watch and those to avoidThis episode highlights the shift towards affordability-driven growth, with investors seeking high yields and strong population growth areas. For buyers and investors, understanding these patterns can provide a strategic edge in Melbourne’s evolving property market.👋 About the ShowBuying Melbourne is Melbourne’s go-to podcast for buyers who want to make smarter property decisions. Hosted by Tristan Larkin and James Rankin from Tomii Property, we bring you expert tips, market insights, and real stories from the frontlines of real estate, finance, and construction. Auctions, rates, off-markets - we’ve got you covered.🔗 Resources & LinksJoin our mailing list & read the blog → www.tomii.com.auSubscribe for weekly auction results → www.tomii.com.au/auction-resultsFollow Tristan on TikTok & Instagram → @tristanlarkinFollow James on TikTok & Instagram → @james__rankin