Jarrod McCabe

speaker
59 appearances 1 recordings 1 series first heard Mar 2026 last heard 9 Mar

Jarrod McCabe’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Mar 2026 with 1.

Appearances

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Yeah, a bit before my time, Craig, but my daughter still very much enjoys playing with them to this day.
I did manage to avoid that, and my wife took her along.
Ha!
And it's been a gradual thing, Craig, over the past sort of four or four years that some of these changes have occurred.
And it's definitely led for a period of time, a number of investors leaving the market, particularly those that have been in place for a number of years, felt as though they weren't getting the capital growth that they perhaps expected and wanted.
And then when some of these extra lags came on top, so that the extra, the higher land tax, the extra expectation on
minimum standards from a rental perspective came in, it made it quite difficult to continue to hold property, especially then with you put the interest rate rises that came about a few years ago.
It was sort of almost like the perfect storm and it made it quite difficult.
But that started to change because there's been a new wave of buyers coming in, a new wave of investors looking at Melbourne and certainly saying that it appears to be very good value.
Yeah, you're exactly right.
It very much is.
I mean, compared to cities small, I mean, Brisbane's certainly been jumping ahead in leaps and bounds for a number of years now, but certainly Adelaide and Perth, both well above Melbourne now in that side of things.
So, they've never traditionally been anywhere near Melbourne from a price perspective.
So, it is looking quite attractive from a pricing perspective at the moment, and that's what's dragging a few investors out.
The existing investors who were already there felt as though there was more costs coming on.
And those costs on top of lack of growth and then on top of those interest rate rises we spoke about led to the mindset of this is just costing me more money for no benefit.
Whereas the new buyers coming in can factor these costs in.
And so the costs are not overly extra.
And if you buy, for example, some of the minimum standards that others may have had to spend money on to bring a property up to standard, whereas a new investor coming into the market buys a property that already meets those standards, they don't have to spend that extra money to bring it up.
The land tax, that can be factored in as well.
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