It’s a long-standing argument, isn’t it? Is it better to invest in regional Australia or in a big capital city? Only this morning I listened to a podcast where one so-called “expert” mentioned a raft of regional towns which outperformed the Melbourne and Sydney property market over the last decade, and I’m sure statistically he…
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
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 loan approvals have started falling as lockdown bites New housing loan approvals fell 4.3% month on month…
With increasing confidence from both buyers and sellers that we’re working our way through the ‘delta’ disruptions to our lives and property, this weekend once again delivered strong auction results. There’s been a rush buyers into the market in general over the last week, most likely trying to get ahead of the higher interest rate…
Westpac has upgraded its forecasts for Australian dwelling prices yet again. Markets continue to show very strong momentum with only a slight dampening effect from the latest COVID lockdowns. The bank expects property prices to rise 22% for the full 2021 calendar year (up from its previous forecast of 18%) and has also lifted its…
Australia’s unemployment rate rose 0.1% over September to 4.6%, the Australian Bureau of Statistics said. The nation lost 138,000 jobs over the month reflecting the labour market damage inflicted by lockdowns across New South Wales and Victoria. However, the topline unemployment rate does not tell the full story of Australia’s labour market, with workforce participation…
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. Sales rise as property…
Believe it or not…Australia’s household wealth has skyrocketed over the last two years despite enduring a once in a hundred-year pandemic and the first recession in three decades. Household wealth rose 5.8 per cent or $735 billion in the June 2021 quarter to a record high of $13.4 trillion. As a result, the average net…
Australian house prices continue to record gains across the board despite disruption from the latest Covid-19 outbreak. Property prices in Australia have yet again lifted in all States and Territories for the month of September with the average national dwelling price rising 1.5% month-on-month and a whopping 20.3% over the year, according to the latest…
You have probably heard about IQ before. You may even have taken some free online quiz that promises to reveal how smart you are compared to Albert Einstein or Stephen Hawking. So, exactly what is IQ? How is it measured? And does it really matter? That’s what I’m going to chat with Tom Corley about…
Australian property prices rose 1.5% in the month of September despite the fact that many of us were still living in a Covid Cocoon. Housing values surged 20.3% higher in the past year, and even rose a massive 46 per cent in certain coveted school zones, pumped up by the Reserve Bank’s reassurances that its…