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.
Warren Buffett’s retirement as CEO of Berkshire Hathaway at the end of last year, at age 94, wasn’t just the end of an era for Wall Street; it was a moment for investors to pause and reflect on what truly matters when building enduring wealth. Most commentary focuses on his stock picks or the billions of…
Melbourne and Sydney each reported higher weekly auction clearance rates to commence the spring selling season; the other capitals, however, remained subdued. Weekly Auction Results to Saturday, September 5th 2026 Capital City This Week Last Week Same Week Last Year Auctions Rate Auctions Rate Auctions Rate Sydney 709 62.6% 726 62.2% 966 79.7% Melbourne 654…
Have you noticed that Australians seem to have become a little more short-tempered lately? You see it in the supermarket queue when someone takes their frustration out on a teenager behind the checkout. You hear about parents abusing teachers, nurses dealing with aggressive patients and relatives, and even junior football umpires needing escorts to protect…
Let me share something interesting with you. Roughly 70% of the people you run into in life are pessimistic. Only about 30% are genuinely optimistic. Now think about that for a moment. If most people tend to expect things to go wrong, to focus on the risks, the obstacles, the “what if it doesn’t work”……
Thinking of hiring a Buyers Agent to see you through these difficult times? Think again…. For most of the last five years, property investing in Australia has been forgiving. You could have picked a suburb almost at random — Melbourne aside — and still come out ahead. In that kind of market, the order you…
Capital city home rental vacancy rates generally tightened over August with most remaining at historically low levels. Despite low and tightening vacancy rates, rents for both houses and units however were mostly lower over the month. Hobart was the only capital to report higher monthly house rents, rising sharply by 2.4%. Perth rents were steady…
Most people who start investing in property never make it past their first or second purchase. In fact, around 92% of Australia’s 2.3 million property investors stall out early, and only a tiny fraction, around 20,000 people, ever build a portfolio of six properties or more. That’s a sobering statistic, but it’s not because property…
It’s important to have rich children. There I said it. Now, before you tell me there are more important things in life, let me clarify what I mean. Rich children grow into adults who are wealthy, yes, but they’re also resilient, curious, independent and compassionate. In my mind, “being rich” is about wealth in all…
Australians are regularly told that inflation is running at a certain annual rate, yet many households look at their mortgage payments, rent, electricity bills, council rates, and insurance premiums and wonder whose cost of living the official figures really measure. Their experience feels very different because the headline Consumer Price Index is an average across…
Australia’s economy expanded by 0.4% in the June quarter, with spending growth driven by record sales of imported electric vehicles. For the year to June, gross domestic product (GDP) grew by 2.1%, according to the Australian Bureau of Statistics, slightly stronger than market expectations. The bureau noted overall growth remained subdued, with spending growth and…
