Aussies are moving house less frequently. The median tenure for a house is nine years and for a unit, eight years, according to Domain’s latest Tenure and Profit Report, Last year’s decrease in prices might have made people delay selling their homes. However, the trend of longer tenure (how long you stay put in a…
![[Podcast] What Australia Will Look Like in 40 Years & Why You Should Care, with Simon Kuestenmacher](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/09/MY-podcast-503-whats-ahead-forecasts_Simon-Kuestenmacher-05-270x200.jpg)
What will Australia look like in 40 years’ time? Treasurer Jim Chalmers handed down the latest Intergenerational Report a short while ago. This report from the federal government predicts what the country will look like in 40 years and the state of the nation’s finances. Today’s conversation with Simon Kuestenmacher revolves around the report, which…
Taking control of your personal finances and getting rich is simple, but it’s not easy. And that’s not a play on words. It’s simple if you know how, but not easy because of our bad money habits. New York Times columnist, author, and financial planner Carl Richards regularly had his articles published on Property Update. I asked him…
There is an old army expression that cautions us to “Hurry up and Wait”, meaning be prepared to leap into action at the drop of a hat, whilst exercising patience just sitting around and waiting for that moment to come. Only to do the same thing all over again as the cycle of waiting, then…
![[Podcast] Banknotes and Bliss: Does Money Really Buy Happiness? With Mark Creedon](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/09/MY-podcast-498-MC-06-270x200.jpg)
Does money really buy happiness? Is there a clear relationship between money and happiness? To shed light on this age-old question, today I have a chat with Mark Creedon, founder of Mastermind Business Accelerator and CEO of the Metropole Group to decipher the enigma of happiness, money, investment and success. Decoding the Money-Happiness Paradox Today’s…
![[Podcast] Here’s how to avoid the 7 Deadly Habits that Prevent Wealth with Tom Corley](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/09/MY-podcast-485-Tom-Corley-06-270x200.jpg)
We often ponder the habits that pave the path to success and wealth. But have you ever considered the habits that do the exact opposite? What are the behaviours and patterns that lead to financial struggles and life dissatisfaction? In this episode, I talk to wealth creation expert Tom Corley to help you avoid the…
It’s been a wild ride for property investors over the past 6 years – from a cutoff of interest-only loans to threats of a negative gearing ban, to aggressive interest rate hikes, high property prices… and now, a spotlight on Australia’s rental laws. Ultra-low vacancy rates, high rent prices, strong demand, and a rising population…
We are at the beginning of a new property cycle. In the past, this stage of the property cycle was the time when lifetime wealth was created by a small group of investors. But if history repeats itself, and most likely will, most property investors won’t develop the financial freedom they are looking for. Why…
When it comes to property investment you’ll often hear two conflicting philosophies advocated. Some suggest you should invest in property to achieve positive cash flow – that’s when rental returns are higher than your mortgage repayments and expenses leaving money in your pocket each month. Others suggest you should invest for capital growth looking for…
![[Podcast] The Property Investor’s Checklist with Brett Warren](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/09/Podcast_image-property_investing-with_Brett_Warren-270x200.jpg)
Imagine you’re standing on the doorstep of your next potential investment. The façade looks great, and the price seems right, but what’s lurking beneath? What questions should you be asking to ensure this property doesn’t just look good, but will also deliver the returns you’re after? Whether it’s your first investment or your fiftieth, the…
