First Home Buyers Hold Back Despite the 2026 Budget's Property Tax Changes
The federal government’s May budget was intended to help first home buyers by reducing the tax advantages available to investors purchasing established properties. But in Melbourne, we're seeing an interesting development. Even as investor activity softens, first home buyers aren't necessarily stepping in to take their place. In this episode, Jarrod explores some of the unintended consequences of the budget changes and why first home buyers remain hesitant. Why reducing investor competition doesn't necessarily encourage first home buyers to purchase How social proof influences buyer confidence, particularly at auctions Why the negative gearing changes could make rentvesting less attractive as a pathway into property ownership Why falling property prices and rising interest rates aren't necessarily improving affordability Read the blog at wakelin.com.au We enjoy providing you with free insights into the Melbourne property market and property investment more broadly. Thank you for listening. If you like what you hear, subscribe, like, rate or follow us and tell your friends and family. Investing in property makes sense. Investing in the right property takes knowledge. To learn more visit www.wakelin.com.au | Instagram | Facebook | LinkedIn | YouTube | Email






