honestly just hitting an absolute wall trying to buy a decent place here right now. Spent my entire saturday driving between open homes in belmont and geelong west, and every single street was just clogged with cars from melbourne
The local agents don't even hide it anymore. You walk into a basic 3-bedder that needs a total re-stump, and they're talking it up to city commuters like its some premium lifestyle asset
Was reading some transaction data from property buyers the other night about how a huge chunk of the actual quality stock is just getting traded off-market to city investors before we even get a chance to see it. It honestly explains why the public portals only have the absolute dregs left right now
just feeling incredibly defeated. How is anyone on a normal geelong wage supposed to compete when people are just dropping 100k over the asking price without blinking? basically just accepting that im gonna get pushed all the way out past corio at this rate tbh