There is a housing crisis in Australia with an undersupply of both properties for rental and for sale. The surge in immigration and the return of international students has seen a demand for housing boom. The extra half a million people who will be coming over the next year or two have to live somewhere,…
Australia’s population is going to be smaller and older than expected due to COVID-19 restrictions halting migration. But we’re still going to be growing faster than almost every other developing country. The government’s baseline case is for our population to then grow to 39.2 million by 2060-61. However, a high migration scenario would see Australia’s…
The off-the-plan apartment market in Australia is facing a crisis, as a growing number of buyers who purchased a residential property via off-the-plan contracts are seeking to on-sell prior to settlement. Rising interest rates are making it difficult for buyers to pass the bank’s serviceability test, and some buyers who might have cleared their bank’s…
![[Podcast] Have Australian Housing Markets Bottomed? Is It Time for a Turnaround? With Pete Wargent | Big Picture Podcast](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/04/461-MY-podcast-economy-and-property-Pete_Wargent-02-270x200.jpg)
Welcome to the Michael Yardney Podcast. In today’s monthly Big Picture episode with Pete Wargent, we’ll be exploring a question on many investors’ minds: Have the Australian property markets bottomed out and are they now on the verge of turning? Today we’ll be diving into the latest data, trends, and economic indicators, while also considering…
The Australian property market has been experiencing a major shift over the past few years, with a significant increase in the number of suburbs where renting a house or apartment is cheaper than buying. According to research by CoreLogic for the Australian Financial Review, this trend has been driven by soaring mortgage costs, which have…
![[Podcast] The secrets to a fulfilling life 19 things I wish someone taught me when I was young, with Mark Creedon](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/04/The-secrets-to-a-fulfilling-life-19-things-I-wish-someone-taught-me-when-I-was-young-270x200.jpg)
In today’s podcast, we will be discussing some of the things that I wish I had learned earlier in my life that would have helped me to appreciate my life better. Whether you are just starting out in life or looking for ways to improve your current situation, I hope my discussion with Mark Creedon…
![[Podcast] What makes an investment-grade location? With Brett Warren](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/04/What-makes-an-investment-grade-location-270x200.jpg)
Location, Location, Location! In today’s podcast, we’re going to dive deep into the world of property investment and explore the importance of location in achieving long-term success. And more importantly, what makes an investment-grade location? Joining me today is Brett Warren, National Director of Metropole Property Strategists, to share his expertise and insights into what…
Everybody loves chocolate, right? Well, not everybody, at least not to the same degree. According to data from Statista’s Global Consumer Outlook, there’s a huge gulf in chocolate consumption around the world. While the cocoa-based treat is very popular in large parts of Europe and in the United States, many people in Asia prefer other sweets…
Success is a journey, not a destination. Many people have struggled to find success and happiness in their lives, but the key to achieving both lies in the way we think about success. Napoleon Hill, the famous self-help author and motivational speaker, believed that success could be achieved by anyone who follows the principles outlined…
![[Podcast] The Growing Income Divide: Inner and Outer Suburbs in Australia, with Ross Elliott](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/04/The-Growing-Income-Divide-Inner-and-Outer-Suburbs-in-Australia-2-270x200.jpg)
In today’s show, my guest Ross Elliot and I discuss the widening income disparity between Australia’s inner and outer suburbs. In recent years, this issue has become more pronounced, with the income gap between the two areas continuing to grow. In this episode, we will explore the causes and consequences of this trend, and discuss…
