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 you’ve been shaking your head at recent property price growth, you’re not alone. Australians everywhere are asking the same question: “How on earth can property values keep rising when affordability is so stretched, interest rates are still high and unlikely to fall further, and many people seem to be struggling with the cost of…
If you’ve been watching Australia’s prestige property market and feeling like the signals are a little ” mixed”, you’re not imagining it. The top end of town is shifting in ways we haven’t seen for years, and the latest Herron Todd White Prestige Property Monitor confirms it. What’s emerging is a clear two-speed market: some…
Australia’s housing debate has a habit of circling the wrong problems. Every quarter, the ABS hands us another set of numbers showing where the market is actually heading – and every quarter, policymakers nod politely, shuffle some papers, and carry on as if the laws of arithmetic don’t apply to them. The latest housing finance…
When going through life’s challenges, we all need a little extra inspiration. No matter what’s going on always remember to smile and hold you head up high. Here’s some words of wisdom to help along the way: 1. A Strong Woman Is One Who Is Able To Smile This Morning Like She Wasn’t Crying Last…
Sometimes we love change and sometimes we hate it. In fact, some of us love to change and others fear it. Why is change difficult for many of us? Because change makes us move out of our comfort zones. It takes courage to leave something familiar and try something new. One of the jobs of…
Capital city auction markets again reported overall steady results despite the continuing surge in listings – particularly in Sydney and Melbourne, and the likely impact on confidence of the recent increase in official interest rates. Capital City This Week Last Week Same Week Last Year Auctions Rate Auctions Rate Auctions Rate Sydney 1283 71.6% 1009…
Every time the Olympic torch gets passed to a new city, the property cheerleaders wheel out the same playbook: values will soar, suburbs near venues will boom, investors will make a fortune. It’s an easy story to sell because it mixes infrastructure spending, global attention, and a convenient deadline. But history tells us that the story…
Figures released today by the Australian Bureau of Statistics (ABS) show that over the year to December, wages grew by 3.4%. For households, however, the number that really matters is what happened to wages after inflation. Over the same period, the consumer price index (CPI) rose by 3.8%. This means real wages (wages after accounting…
Markets shift, technology evolves, governments adjust policy, yet the core drivers of property wealth don’t change. What does matter – human behaviour, scarcity, quality and patience – stays constant even when everything else seems uncertain. So today I’d like to discuss a few things that never change in a world that never stops changing, because…
If you listen to the public conversation about property, you’d think Australia’s housing market is a tug-of-war between Baby Boomers and Millennials. Boomers are blamed for owning everything. Millennials are portrayed as locked out and angry about it. But that framing misses the generation that has already done exceptionally well from property, and is now…
