Australians are getting richer, despite rising interest rates and inflation. The ABS tells us the average net worth for all Australian households in 2019–20 was $1.04 million. Much of this wealth can be attributed to our Baby Boomers, who reaped the rewards of the significant property boom we experienced a few years ago and long-term…
![[Podcast] 5 things all property investors must understand about Australia’s housing Markets in 2024, with Dr. Nicola Powell](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/10/MY-podcast-509-Latest_housing_Reports-Dr_Nicola_Powell-270x200.jpg)
What’s ahead for our property markets in 2024? That’s what I will be discussing today with Dr. Nicola Powell, Domain’s Chief of Research and Economics. 2023 will go down in history as the year that a new property cycle began as our markets defied high-interest rates and all the predictions from the property pessimists. But…
It’s time that we all stopped talking about mortgage stress. It’s been a hot topic over the last year and a half, following a spate of interest rate hikes by the Reserve Bank propelling mortgage rates to heights unseen since late 2011. There’s no denying that some first-time homeowners who capitalized on record-low interest rates…
![[Podcast] Wisdom That Comes With Time: 33 Lessons Learned with Mark Creedon](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/12/MY-podcast-523-wisdom-270x200.jpg)
Today, I am joined by Mark Creedon, a business coach and mentor to some of Australia’s leading business people and CEO of the Metropole Property Group. Today, our discussion is centred around a fascinating list shared by Vala Afshar on Twitter – a collection of insights that reflect the wisdom one hopes to accumulate with…
Did you know your brain is like a computer’s operating system? The good news is that this means you can program your brain to choose happiness. Here are the top 10 happiness hacks: Worrying about money is one of the biggest causes of unhappiness, but no amount of money can make you happy unless you…
Why do some properties significantly outperform others with regard to capital growth? Why are some properties always in strong demand and sell quickly? These are what I’d call “A-grade” properties. But what sets these exceptional properties apart from the rest, and how can investors uncover these hidden gems that consistently outperform market averages? As our…
Best-selling author Thomas Corley found some curious data in his 5-year study of wealthy people. He found that: 76% of the wealthy engaged in 30 minutes or more of aerobic activity four days a week. 77% of the poor did not. 70% of the wealthy ate less than 300 junk food calories a day vs….
Location is probably the most important thing to consider when it comes to buying your next investment property. Perhaps you’ve heard me say that the location of your property will do around 80% of the heavy lifting of its capital growth. “Location, location, location” is a well-known expression that highlights the importance of finding the…
![[Podcast] 11 traits shared by the most successful property investors, with Brett Warren](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/11/MY-podcast-515-Traits_of_successful_investors-Brett_Warren-270x200.jpg)
Ever wondered why some property investors hit the jackpot while others barely scrape by? Well in today’s show Brett Warren, and I shed light on strategies and philosophies that make a successful property investor. We reveal that the high-achievers do not come from a cookie-cutter background, but instead, a wide array of life stories and…
![[Podcast] Have you considered setting up a third Super Fund? With Stuart Wemyss](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/12/third-Super-Fund-270x200.jpg)
We tend to talk a lot about property on this Podcast, but the aim of property investment is to give you the financial freedom that leads to life choices. The truth is that your superannuation balance is unlikely to be sufficient to cover your desired living expenses in retirement, and it’s possible that by the…
