After falling more than 11% in 2018-19 the Melbourne property market has made the strongest recovery in modern history. In a recent housing update, Westpac gave the following summary plus forecasts for the Melbourne real estate market… Victoria’s price recovery has gained strong momentum with increases running at a double digit annual pace over the…
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 his opinions are regularly featured in the media. Visit Metropole.com.au
According to a study by Brown University habit study by Dr. Pressman, we pick up most of our habits from our parents. If parents are bad at managing money, their kids will be bad at managing money. When you’re bad at managing money it has a tendency to disappear. That means no savings, no retirement…
It’s the time of year for property forecasts isn’t it? So if our economists are armed with all the research available in today’s information age, why can’t they agree on where our property markets are heading? In fact, a better question would be – why do so many get it wrong? That’s what I discuss…
After falling more than 15% in 2018-19 the Sydney property market has made the strongest recovery in modern history. In a recent housing update, Westpac gave the following summary plus forecasts for the Sydney real estate market… The upturn evident in NSW three months ago is now well entrenched with prices rebounding strongly, the Sydney…
The gulf between Rich Habits and Poverty Habits is staggering. If you’re well off already, chances are you already adhere to most of these Rich Habits. Integrating the ones you’ve neglected will push you further. But be assured: If you’re doing fine now without minding these principles, it’ll catch up to you. Some of the…
If you’re looking to get into property investing or move up to the next rung of the ladder, here are some words of advice on how to invest in property. Property investment is simple, but not easy – and that’s not a play on words. In other words it’s not something you should enter into…
Successful investors learn as much from their mistakes as they do from their successes, whereas the average Australian seems to make the same financial errors over and over again, and wonders why things don’t change. To help place you in that successful group, let’s have a look at nine of the most common financial mistakes…
One of the biggest fears people have in their lives is failure. Afraid they won’t succeed if they try something new. Fear that they might never “make it” doing what they are passionate about. Fear that keeps them from following their heart Since life is too short to let fear make big decisions for you….
Intelligence, talent and charm are great, but more often than not these aren’t what separate the wealthiest among us from the poorest. Instead, the differences are in our daily habits. Do you realize that these subconscious, second-nature activities make up 40 percent of our waking hours? That means that two out of every five minutes,…
One of the significant changes in the way we live in Australia over the last few decades is the gentrification of our inner suburbs. When I was young housing in the inner suburbs was cheap and home to the working class and migrants being full of single fronted terraces, pubs and factories. But within a…
