The postcode price gap in Melbourne isn't just about location. A fully rebuilt Victorian home in Windsor is quoted at $3.6-$3.9 million. The exact same home, placed two minutes away in Toorak, would fetch $6.5 million. That's a $2.6 million difference for a two-minute drive. But the real story behind this gap is far more complex than postcodes alone.
In this episode of How's the Market, Tristan Larkins and James Rankin explore why understanding the micro-pockets within suburbs is critical to buying right. They reveal how most buyers overpay by hundreds of thousands because they think in broad suburbs instead of understanding the specific estates, streets, and neighborhoods that drive real price differences. With one real example showing a $400,000 mistake, this episode breaks down why market knowledge could save you more than any negotiation tactic.
What You'll Learn:
The postcode price gap isn't mysterious or arbitrary. Do your homework on the specific pocket before you buy. Understand why one street sells for more than another. Map the pockets. Identify the estates. Because being two minutes from Toorak doesn't put you in Toorak and that difference is worth millions.
👋 About the Show
How’s The Market is Melbourne’s go-to podcast for buyers who want to make smarter property decisions. Hosted by Tristan Larkin and James Rankin from Tomii Property, we bring you expert tips, market insights, and real stories from the frontlines of real estate, finance, and construction. Auctions, rates, off-markets - we’ve got you covered.
🔗 Resources & Links
Join our mailing list & read the blog → www.tomii.com.au
Subscribe for weekly auction results → www.tomii.com.au/auction-results
Follow Tristan on TikTok & Instagram → @tristanlarkin
Follow James on TikTok & Instagram → @james__rankin
