Ep. 64 | Why You Should Never Trust Property Forecasts (Banks Get It Wrong)

Is now a good time to buy in Melbourne’s property market? In this episode of Buying Melbourne, Tristan Larkin and James Rankin unpack why media headlines, bank forecasts, and market predictions often mislead buyers and how to focus on what really matters. From understanding auction trends to ignoring fear-driven news, they reveal practical strategies for confident property decisions.What You'll Learn:Why media reports and bank forecasts often contradict reality and why following them can be costlyHow historical data shows predictions are wrong more often than they’re rightUnderstanding auction clearance rates and what they really mean for Melbourne buyersWhy timing the market matters less than buying the right property for your needsHow holding a property long-term smooths out short-term market fluctuationsWhy uncertainty can create opportunities to negotiate better dealsHow lifestyle priorities and situational timing should guide your purchase decisionsPacked with actionable insights, this episode is essential listening for first-home buyers, investors, or anyone feeling overwhelmed by the noise of Melbourne’s 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