It’s common knowledge that the value of property grows overtime. Property values don’t grow consistently or uniformly, but overall, the property lulls are temporary and the value of well located “investment grade” property generally increase in the long term. So what should investors do in the current market if they wish to grow their wealth…
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
Interest rates are at historic lows, but how much do you know about the history of interest rates? The following chart provided by Visual Capitalist is based on an incredible dataset from the Bank of England, which reconstructs global real interest rates going back all the way to the 14th century. Some of the first data…
The last weekend of Spring saw more properties put to auction than we have seen for a long time yet the markets kept going from strength to strength. There were 1740 properties taken to auction across the combined capital cities this weekend, significantly more than last week (1474), but nothing like the 2,546 properties auctioned…
Kids normally need a lot of extra nutrition during their adolescent growth spurt, and you might expect the appetite-suppressing effect of caffeine to result in poorer dietary intake and reduced growth. An article in The Guardian said coffee stunting kids’ growth is just a myth promoted by 19th-century manufacturers of a coffee substitute. So does…
There is no shortage of idyllic streets, extravagant properties and exclusive postcodes in Victoria’s capital. Before Coronavirus hit our markets, Melbourne property prices were surging with dwelling values up 12% higher to reach new highs. Melbourne housing values suffered because of its extended lockdown, which severely impacted market activity over the past three months, with CoreLogic estimates…
There are more interesting articles, commentaries and analyst reports on the Web every week than anyone could read in a month. Each Saturday morning I like to share some of the ones I’ve read during the week. The weekend will be over before you know it, so enjoy some interesting reading. Australians returning home due…
Play this important message from Michael Yardney The Melbourne property market has been one of the strongest and most consistent performers over the last four decades and despite having a lull in the last year, thanks to Covid19, it is now forecast to perform strongly in 2021. Over the last 40 years: The median house…
The more you know about the most common mistakes that investors make, the better your likelihood of building lasting wealth. In this series of videos, we discuss the common mistakes I’ve seen investors make. Today we discuss how investors frequently get trapped by property marketing tricks. If you swallow all the marketing hype we’re subjected to, it…
All property purchasers in NSW could soon be exempt from paying stamp duty on new property purchases under a new government proposal. While the plan may seem like a good idea to some, I’m not really convinced it will be as widely beneficial as many people think. What is stamp duty? Before we discuss the…
They say hindsight is 20:20 – and that is certainly true when it comes to property investing. Most of us start out without much knowledge behind us, and only realise we are making mistakes when it’s too late to do much about them. Here’s a list of seven things I wish I’d known when I…