If you’re like many Australians, you might be wondering, what’s the slowdown in home prices mean? Property price growth has slowed down quickly in 2022, showing home prices fell in May – the first decline since the start of the pandemic. Paul Ryan, Economist for the REA Group shared his insights: “The annual rate of…
Articles by Michael Yardney
Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and one of Australia's 50 most influential Thought Leaders. His opinions are regularly featured in the media. Visit Metropole.com.au
Is the property market going to experience a downturn? That’s a question I get asked a lot at present, and the answer is… Yes – without a doubt this will happen. In fact, it’s already started, but even though our property market will be correct, it will not crash and then certain property markets will…
It takes time to build financial freedom, but if you only have a short timeframe ahead of you to build your nest egg, all is not lost. A number of years ago I was asked by Your Investment Property Magazine to devise a strategy for success to help readers James & Elizabeth. Here’s what I…
The property market is going to crash! How many times have we heard that one recently? 2021 was a year like no other – prices boomed creating new records and as the value of Australia’s housing market skyrocketed, the collective wealth of homeowners jumped by over $2trillion despite the pandemic. And sure, it’s clear that…
Government officials, experts, economists, and even the media are consumed by Australia’s surging inflation. And it’s not surprising given headline inflation is now over 5% for the first time since 2001, and isn’t showing any signs of slowing. In fact, Reserve Bank of Australia (RBA) Governor Lowe recently appeared on the ABC and told us…
We dream of it, we work for it, and sometimes we even plan for it – but can the average Australian really develop financial independence? The simple answer is YES – because if others have achieved it so can you. I’ll let you in on a little secret… wealthy people don’t do different things; they…
It’s important to have rich children. There I said it. Now, before you tell me there are more important things in life, let me clarify what I mean. Rich children grow into adults who are wealthy, yes, but they’re also resilient, curious, independent and compassionate. Being rich is about wealth in all facets of our…
Auction clearance rates were slightly higher this weekend, but there were significantly fewer properties for sale by auction this weekend than normal. It’s the first weekend of the school holidays and that always means less auction activity But, once again,the media was full of negative messages this week, yet consumer sentiment bounced back a little…
Play this important message from Michael Yardney Are you wondering what will happen to the Brisbane property market in 2022?? Well… Brisbane was the strongest property market in 2021 exhibiting astonishing growth, with many locations experiencing 30+% house price growth. And even though growth is slowing in other parts of Australia, Brisbane’s housing markets are…
A lot can happen in one week in our property markets, can’t it? So here’s a look back at some of the things I read or learned this week, that I believe you should also know. 1. Housing investor demographics Property researcher Michael Matusik recently gave a great summary of Australian property investor demographics. About…