{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":300,"width":600,"title":"Melbourne Property is 21% Undervalued - Here's Why | Stuart Wemyss","description":"Melbourne property investors have endured almost a decade of disappointing growth, and the usual explanation is taxes, debt and government policy.   But what if the biggest cause was the extraordinary 20-year boom that came before it?    By the end of this episode, you'll understand exactly why Melbourne has underperformed for the best part of a decade, why the usual suspects, land tax, state debt, poor sentiment, probably aren't the real culprits, and why the length of Melbourne's flat patch might actually be the strongest signal yet that a powerful new growth cycle is coming.   Stuart Wemyss, my guest today, has crunched forty-five years of data across every capital city in Australia, and what he's found flips the whole "Victoria is broken" narrative on its head.   In this episode, we discuss Melbourne\u2019s property market and what its long period of weak growth could mean for investors.   We examine why Melbourne\u2019s recent performance may be the aftermath of an unusually strong 20-year boom, rather than the result of one policy or economic factor.   Stuart explains how he uses 45 years of capital city data to compare current prices with long-term trends.   We explore why Melbourne houses and apartments appear below those trends, and what might prompt the market\u2019s next growth phase.   The conversation also considers rental yields, negative gearing changes and the choices investors can make when planning for the long term.   Takeaways  \u2022 A long boom helps explain Melbourne\u2019s recent stagnation \u2022 Tax changes can shape sentiment without explaining everything \u2022 State debt alone doesn\u2019t predict property performance \u2022 Population growth and productivity support economic expansion \u2022 Forty-five years of data reveal long-term market trends \u2022 Melbourne houses sit below their estimated long-term trend \u2022 Apartments appear further below trend than houses \u2022 Percentage growth may ease as property prices rise \u2022 Stronger yields may improve an investment\u2019s income profile \u2022 Buying selectively can matter before growth returns   Links and Resources:   Join us at one of our upcoming seminars in Melbourne, Sydney, and Brisbane. \u00b7        Click here for more details and to lock in your spot.https:\/\/metropole.com.au\/how-to-grow-seminar\/ \u00b7        Join us in this small group environment so you can get your personal questions answered.   Answer this week\u2019s trivia question here - https:\/\/www.propertytrivia.com.au\/ \u00b7        Win a hard copy of How To Grow A Multi-Million Dollar Property Portfolio In Your Spare Time. \u00b7        Everyone wins a copy of a fully updated property report.   Michael Yardney   Get the team at Metropole to help build your personal Strategic Property Plan. Click here and have a chat with us.   Stuart Wemyss \u2013 Prosolution Private Clients   Stuart\u2019s new book \u2013 Wealth by Design: 8 rules for smarter investing and financial freedom https:\/\/www.amazon.com.au\/Wealth-Design-smarter-investing-financial\/dp\/192318654X\/   Get a bundle of free reports and eBooks: www.PodcastBonus.com.au   Also, please subscribe to my other podcast Demographics Decoded with Simon Kuestenmacher \u2013 just look for Demographics Decoded wherever you are listening to this podcast and subscribe so each week we can unveil the trends shaping your future.   About The Michael Yardney Podcast | Property Investment And Wealth Creation  Australia   The Michael Yardney Podcast is one of Australia\u2019s leading property investment podcasts, helping investors understand the Australian property market and build long-term wealth through strategic property investing.   Each week we explore: \u2022 Australian property market updates\u2022 Property investment strategies in Australia\u2022 Melbourne property market trends\u2022 Sydney property market forecasts\u2022 Brisbane property investment opportunities\u2022 Capital growth property strategies\u2022 Property cycles in Australia\u2022 Negative gearing and tax strategy\u2022 Interest rates and their impact on property\u2022 Buyer\u2019s agent insights and investment planning   If you\u2019re serious about building a high-performance property portfolio and creating financial freedom through real estate, this podcast will give you the clarity and strategy you need.   Learn more at:https:\/\/propertyupdate.com.auhttps:\/\/metropole.com.au ","author_name":"Property Investment & Wealth Creation Australia | The Michael Yardney Podcast","author_url":"https:\/\/michaelyardneypodcast.com.au","html":"