Is now a smart time to buy? RBA on hold, Melbourne and the next move

In this Australian Property Podcast episode, Pete Wargent and Chris Bates unpack one of the biggest questions in property right now: is the current slowdown creating a genuine buying window, or are buyers still too early? They break down the Reserve Bank’s August hold, what the latest press conference signals for rates, and why soft sentiment is colliding with an 11-week high in auction clearance rates. Melbourne is a major focus, with the pair exploring whether better auction results, stronger yields and years of underperformance could finally set the city up for a rebound. Pete and Chris also dig into the listings story. They explain why higher stock levels matter, why some data sets are telling slightly different stories, and why buyers should watch what actually sells, what passes in and where competition is still real. Their broader message is that headline fear can hide the fact that quality assets may already be finding support. The episode also covers mortgage competition, bank forecasts of deeper price falls, and why investor-heavy markets in Brisbane, Adelaide and Perth may still be the ones to watch most carefully from here. In the listener Q&A, they tackle off-the-plan risk in Castle Hill and the leading indicators that matter most after the Budget. If you want a practical market update on rates, listings, buyer psychology and where the next opportunities may emerge, this is a timely listen. Episode resources – Ask a question (select the Property podcast) Show partner resources – Join Pearler using the code "RASKSWITCH" and get $32 of Pearler Credit – Whatever comes next for your business, power it with Stripe Rask resources – Pete's Buyers Agency – Alcove mortgage broking – Amy Lunardi Buyers Agency (Melbourne) – All services – Financial Planning – Invest with us – Access Show Notes – Ask a question – We love feedback! Follow us on social media – Instagram: @rask.invest – TikTok: @rask.invest DISCLAIMER: This podcast contains general financial information only. That means the information does not take into account your objectives, financial situation, or needs. Because of that, you should consider if the information is appropriate to you and your needs, before acting on it. If you’re confused about what that means or what your needs are, you should always consult a licensed and trusted financial planner. Unfortunately, we cannot guarantee the accuracy of the information in this podcast, including any financial, taxation, and/or legal information. Remember, past performance is not a reliable indicator of future performance. The Rask Group is NOT a qualified tax accountant, financial (tax) adviser, or financial adviser. Access The Rask Group's Financial Services Guide (FSG): https://www.rask.com.au/fsg Learn more about your ad choices. Visit megaphone.fm/adchoices