Melbourne’s spring property market is heating up, with first-home buyers returning thanks to federal incentives slashing deposits to 5%.
While inner-suburb houses stay out of reach for many, apartments are gaining traction as an accessible entry point – but only if you focus on the right ones for long-term growth.
In this week’s episode, Jarrod explains why notional land value – your proportional share of the site’s underlying land – separates thriving apartments from stagnant ones, drawing from Wakelin’s buyer advisory experience.
As development intensifies and supply tightens, understanding this unlocks apartments that capital growth:
- The power of notional land in driving appreciation, versus the pitfalls of high-rises with diluted shares
- Step-by-step guide to calculating your land entitlement and its proportion of the purchase price
- Top apartment types: Boutique older blocks like Art Deco and 1950s-70s builds on under-capitalised sites
- Melbourne’s value hotspots in eastern and south-eastern suburbs like Boroondara and Stonnington
- Developer trends targeting these blocks for redevelopment, and hurdles like owner consensus
- A case study of four apartments sold as a site for 125% uplift, from $1M units to $9M total