Articles by Michael Yardney

Michael Yardney

Michael is the founder 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.

How did Michael Yardney get started in property investment?

How did Michael Yardney get started in property investment?

Michael Yardney began his property investment journey over 50 years ago in the early 1970’s with a single, modest property costing $18,000 which he bought in partnership with his parents. They each put down a $1,000 deposit and took a $16,000 loan over 20 years. Over time, he learned the ropes, made mistakes, and gradually built a multi-million-dollar property portfolio. His hands-on experience, combined with ongoing education and a passion for wealth creation, allowed him to gain invaluable insights into the property market, which he now shares with others through his books, podcasts, and the work he does with clients at Metropole.

What is Michael Yardney's net worth?

While Michael Yardney’s exact net worth isn’t publicly disclosed, he has built a substantial multi-million-dollar property portfolio which includes residential and commercial property over his five decades of investing. As a trusted and highly respected property expert, he is recognised as one of Australia's most successful and wealthiest property investors, and he continues to build wealth through strategic investments, business ventures, and educational initiatives.

What is Michael Yardney’s opinion on investing in different types of properties, like residential, commercial, or off-the-plan?

Michael Yardney believes that while residential properties are the most suitable for most investors due to their stability and capital growth potential, commercial properties can offer good cash flow once an investor has a substantial asset base. He advises caution with off-the-plan properties due to their higher risk, potential for delays, and market fluctuations. His preference is always for well-located, established properties in areas with proven growth.

What is Michael Yardney's investment philosophy?

Michael Yardney's investment philosophy is centered around long-term, strategic property investing, focusing on high-growth, investment-grade properties in established locations. He believes in building a diversified portfolio that generates both capital growth and cash flow, using leverage wisely and taking advantage of the property cycles. Michael emphasises the importance of viewing property investment as a business and making data-driven, emotion-free decisions.

I hope you’re taking advantage of the current property boom. I haven’t seen conditions like this since the early 1970s when I first started investing. Now you won’t find charts of that particular boom in the various research house statistics, because they weren’t keeping those types of records in those days. Back then, the boom…

The extended lockdown across greater Sydney could be the catalyst for another Australian recession, according to experts. In this month’s Finder RBA Cash Rate Survey™, 40 experts and economists weighed in on future cash rate moves and other issues relating to the state of the economy, with all panellists expecting a rate hold for this…

What does the Uber Eats app have to do with the skills shortage? What does walking down the cereal aisle in the supermarket have to do with our economy and our property markets? In today’s show I chat with leading demographer Simon Kuestenmacher, who uses a number of food metaphors to help explain what’s happening…

The ABS reported that CPI increased by 0.8% over the June quarter for an annual increase of 3.8% – the highest annual growth rate since March 2008. ​ Petrol prices, supply chain disruptions, and the withdrawal of coronavirus support all caused inflation to spike, but the lift will be transitory and unlikely to shift the…

Booming property prices across Australia means workers with an average income are watching their dreams of homeownership slip further and further away. According to the latest ATO data, the average taxable income for Australians in the 2018-19 financial year was $62,549. Meanwhile, according to this home loan borrowing calculator, that would give a single person…

If you’re going to have any beliefs at all believe in luck.   One of the fascinating things Tom Corley discovered in his five-year Rich Habits study was the fact that every self-made millionaires, at some point, got lucky. 84% attributed their good luck to their daily habits 87% said they were lucky 92% said they…

We’re well into the second half of 2021 now so it’s a good time to reflect back on the year so far and then look forwards to what’s ahead. Property values across our capital cities have experienced double-digit growth already this year. And despite the Covid concerns we’re experiencing, there’s plenty more growth to come….

One of the most difficult aspects of being a property investor comes from the fact that we have competing emotions depending on where you are in the property cycle. There’s fear and greed, overconfidence and loss aversion, panic and euphoria. We’re told there’s nothing more important than being disciplined when getting involved in property and…

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