In this episode of the Home Buyers Australia podcast, Jack Corbett and Damien Walker answer the million dollar question—how do you spot a genuine property bargain? With more properties hitting the market in early 2025, buyers may have more opportunities to secure a deal, but not every low-priced home is a great buy. Listen in as Jack and Damien break down the difference between a bargain and a lemon, and what to watch out for when hunting for value.

If you're in the market for a new property in Australia, this episode is packed with expert insights to help you identify undervalued homes while avoiding costly mistakes. Jack and Damien share their top tips for negotiating with motivated sellers, understanding market trends, and making sure you're getting real value—not just a cheap price tag.

In this episode, you’ll hear:

• Why some properties are selling below market value—and how to know if it’s a real bargain.
• Key warning signs to spot a "lemon" before you buy.
• The power of buying in isolation and how to negotiate without competition.
• How to identify motivated sellers and use their urgency to your advantage.
• The risks of overcapitalising on renovations—and when upgrading actually adds value.
• Whether it’s better to chase a bargain or invest in a high-growth, blue-chip area.

This episode is essential listening for anyone looking to bag a bargain in 2025—whether you’re an investor or searching for your next home.

TIMESTAMPS:

00:00 Introduction

00:52 Increase in housing, more bargains to be had

03:42 Is the bargain property too good to be true?

06:05 Digging deeper with due diligence

08:57 The value of buying in isolation

10:59 How to approach lowball offers

17:03 Buying a bargain vs. investing in blue-chip areas

18:00 Adding value or overcapitalising with renovations

ABOUT THE PODCAST:

Are you dreaming of owning your own home? Home Buyers Australia is your ultimate guide to navigating the Australian property market. Join mortgage broker Damien Walker and buyer's agent Jack Corbett as they break down the home buying process into easy-to-understand steps.

Damien Walker, a mortgage broker at Atelier Wealth, specialises in helping Australians navigate the complexities of property finance. With years of experience in the industry, Damien’s insights are invaluable for those looking to build a robust property portfolio.

Jack Corbett, a buyer's agent at Corbett Property Buyers, brings a wealth of knowledge in identifying and securing high-potential properties. Jack's expertise ensures clients make informed decisions that align with their long-term goals.

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