We're experienced Melbourne buyers' agents who remove the challenge of finding and securing investment grade property.
As Melbourne buyers agents (also known as buyers advocates), we represent you in the property buying process. We level up the playing field. The vendor has a traditional estate agent representing them. You'll have us, a buyer's agent, in the negotiations.
But the role of a top buyer's agent goes much further. We apply our expertise, experience and extensive resources - people, technology and processes - to scan the market in inner Melbourne suburbs every working day.
On the property investment side of our business, we identify and shortlist the top performing assets (based on past performance and likely future performance from a capital growth and rental perspective) that are currently for sale. We match one property with one client, based on budgets and existing assets.
Finally, we undertake thorough due diligence before recommending a property to buy. Once purchased, we assist with the settlement and property management.
Covid-19: What impact is the coronavirus crisis having on the property market and the process of buying and selling? Click here for our on-the-ground insights.
Covid-19: Watch our property market and lending update, recorded Tuesday 31 March, co-presented with Stuart Wemyss.
Covid-19: Read how (and whether) to buy property in this coronavirus crisis.
Covid-19: stay up-to-date with our insights - sign up to our newsletter.
Covid-19: property buying due diligence
Covid-19: buyer cooling off rules across Australia
Covid-19: change asset selection approach as coronavirus restrictions loosen?
Covid-19: When a tenant asks for a rent reduction + tips for finding a new tenant (video)
Covid-19: Melbourne property buying/selling, finance and property management update May 2020 (video)
Covid-19: residential landlord-tenant landscape: the new rules and role of key government bodies in two charts and three links
Covid-19: Winter 2020 may be the season of vendor content
Covid-19: Video (late June 2020), Property market opportunities and expectations for 2020 and beyond.
Covid-19: The contrarian buy signal for property buyers
THE JOURNEY
Your buyer's agent should have an underpinning philosophy and consistent approach to property selection.
It can't just be offering to buy what is available, looks quite nice or cheap. There is no added value there and a poor outcome is almost certain.
At Wakelin Property Advisory, we have clear, no-compromises asset selection rules. Click on the "Read More" buttons below to understand the careful steps we take to find the right asset for you.
Where to Buy
Melbourne’s inner suburbs have consistantly yielded solid capital growth
Street to Buy
Quiet residential streets with access to public transport, services and entertainment.
Property to Buy
Investing in a property with free flowing well built spaces conducive to modern living.
Your Property
Wakelin will find and assist in aquiring a property that is aligned with your financial goals.
When we set up Wakelin more than 24 years ago, we restricted our buying to areas in Melbourne that at the time had a long, proven history of consistent capital growth.
Those areas had a few things in common: they were a short commute from Melbourne’s centre; they had established public transport links; their high streets were vibrant with shops and restaurants or bars; and they offered sought-after public amenities such as parks or sports facilities.
Today, that list of suburbs is only slightly longer than it was 24 years ago; only areas that show an extensive, steady upward trajectory make the grade. We don’t speculate about a suburb’s possible gentrification. We don’t seek hotspots. We focus on demonstrable growth, and the areas in which we buy for our clients continue to outperform the wider market.
After more than 24 years in the Melbourne residential property market, we know which streets in our preferred suburbs are in constant demand. And we know that this level of demand leads to property price growth.
We buy for our clients on streets that allow residents quiet enjoyment of their property while also being close to public transport and local amenities. That means not too much traffic, no commercial or industrial activity nearby, no noise from trains and trams.
We’re also aware that people are attracted to consistent streetscapes – rows of similar houses from the same historical period, made of the same materials. Whether terraces of brick houses in Prahran, or neat streets of wooden cottages in Northcote, their regularity always appeals.
Property value stems from competition. Property types that see above-market rises in value are those that are wanted by more buyers than there are properties available. This is scarcity value, and we see it as the most important factor behind successful property investment.
The properties we buy for our clients are period houses and older-style apartments that also meet modern lifestyle requirements. Older properties are scarce, because they’re not being built any more. If they are also easy and pleasurable to live in, they will attract wide-ranging demand.
We always consider whether a property’s architectural style meets the expectations of residents in its location. There’s nothing to be gained from buying a cute Victorian cottage in an area where people prefer Art Deco apartments.
We believe only about 5 per cent of properties in Melbourne consistently produce capital growth above the market average. Our aim is to make sure you buy a property within that 5 per cent; one that is aligned with your financial goals.
We work on a one-client-per-property basis. We will talk to you about your plans and try to fully understand your needs. We’ll search, inspect, assess and shortlist properties until we find the right property for you. Then we will do everything in our power throughout the negotiating and purchasing process to ensure that property becomes yours.
Once its yours, the property will need to be managed, and perhaps eventually sold one day. We can help with that too.
THE DESTINATION
Melbourne is exceptionally fortunate in the range and depth of beautiful houses and apartments that line her streets. Unfortunately, these properties are also tightly held by wise owners.
But with the skill and on-the-ground efforts of Wakelin Property Advisory, a top buyer agent, using our disciplined filtering process allied with excellent negotiation technique, our clients routinely secure properties like these.
Learn more about our services by clicking within the "Services" section below.
3 bedroom house Kew, purchased 1998.
Average 6.5% growth per year
2 bedroom townhouse Balwyn, purchased 2004.
Average 7.5% growth per year
2 bedroom flat St Kilda, purchased 2009.
Average 8.5% growth per year
SERVICES
Whether you're looking to buy or sell an investment property or home, we can help. We can also review your current portfolio of properties. And we have a great track record of partnering with other businesses that need our specialised residential property asset selection and negotiation skills.
"What can I say! An exceptional result with the sale of our property! I remember you telling me, when you purchased the property on our behalf 10 years ago that the purchase price would seem insignificant when we came to sell."
Stanley N., VIC
"Just to let you know that once again I had a very pleasurable purchasing experience with Wakelin Property Advisory. I am very happy with the quality and location of the property you recommended and I later purchased in St Kilda West."
Mark B., VIC
Educating others about property and investment has been a hallmark of the company since it was established in 1995. We do this through events, blogs and videos.