Michael has been once again voted Australia’s leading property investment advisor by the readers of ‘Your Investment Property Magazine’, but he’s not a theorist… He has been successfully investing in property since 1971 and is a leading property commentator and Australia’s most widely read property investment blogger. Join over 115,000 others who get their updates from Michael and his group of expert guest bloggers and benefit from their perspective.
If a picture paints a thousand words, then this collection of charts should do a pretty good job of painting the landscape as it affects our economy and our property markets. Each month the RBA summarises macroeconomic and financial market trends in Australia by providing a detailed chart pack. World Economy Australia’s economy doesn’t operate in…
You know that feeling when you swear you have seen the same movie before? That’s me, chatting with new property investors, year after year, watching the same mistakes play out on repeat. Different faces, different suburbs, different spreadsheets – same patterns. Some of these mistakes are annoying but fixable. Others can be genuinely expensive. And…
Let’s face it — most Australians will never achieve real financial freedom. I know that might sound a little harsh, but stick with me. Sure, they might retire one day – but more often than not, that retirement means living off a modest superannuation balance or relying on a government pension. That’s not exactly the…
We all face challenges in our lives. Challenges show themselves in many ways and in all arenas of your life. The most successful people in the world have faced some of the largest challenges. But they have persevered and become achievers because of the way they handle adversity. They have learned from their failures. They know not…
Imagine you had sold all your property and investments during the 2003 Iraq War. Or when the GFC hit in 2008. Or when COVID-19 locked the world down in 2020. Each time, the headlines were apocalyptic. Each time, the pundits predicted catastrophe. And each time, the doomsayers were proven spectacularly wrong. Right now, another crisis…
Capital city auction clearance rates were lower again over the past week, following the decision by the RBA to raise interest rates in March, as a follow-up to the February rate rise. Capital City This Week Last Week Same Week Last Year Auctions Rate Auctions Rate Auctions Rate Sydney 1326 64.6% 1307 68.3% 834 73.9%…
Let’s be honest – patience isn’t sexy anymore. We live in a world addicted to instant everything. TikTok’s taught us that if it takes more than 15 seconds, it’s boring. And if your investment doesn’t double in six months, apparently you’ve “missed the boom.” Scroll through social media and you’ll see 25-year-old “property gurus,” flashy…
Robert Kiyosaki’s book, “Rich Dad Poor Dad”, is a personal finance classic that has inspired millions of people worldwide to take control of their financial future. The book offers a unique perspective on money and wealth-building that challenges traditional financial wisdom. Here are six lessons from “Rich Dad Poor Dad” that are worth taking note…
It’s not often we see a statistic that tells such a clear story about wealth creation. But right now Australia’s property market is doing exactly that – quietly delivering record profits to homeowners across the country and reshaping the financial landscape in the process. For the first time in 15 years, over 90% of house…
If you listened to the typical real estate commentary, you’d think property prices are basically driven by interest rates, immigration and whatever the Reserve Bank might do next month. But when you strip away the noise and look at what actually moves property values over the medium term, one factor quietly dominates everything. It’s jobs….
