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.
Australian home prices fell for a sixth consecutive month in September, according to the latest PropTrack Home Price Index Report, as higher interest rates continued to constrain borrowing capacity and weigh on housing demand. Data show that national home prices declined 0.2% over the month and are now 3.3% below their March 2026 peak. Annual…
There’s something interesting happening inside Australian households right now. Ask consumers how they’re feeling and the answer is pretty clear: they’re under pressure. Groceries, electricity, insurance, transport and housing all cost more, while higher interest rates are squeezing borrowers and many households feel their standard of living has slipped. Yet Australians are still spending -…
If you’ve ever spent weeks inspecting a Melbourne property, paid for building and legal checks, and turned up to auction only to discover the seller wanted far more than the advertised price, you’ll understand why Victoria’s new rules have attracted attention. From October, buyers at all Victorian auctions will know the seller’s reserve price at…
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What if the secret to becoming wealthy wasn’t being smarter than everyone else? What if it wasn’t timing the market, picking the next hot suburb, or finding some clever tax loophole? What if the real secret was simply living long enough to let good assets quietly compound in the background? Now, I know that sounds…
Cotality’s national Home Value Index fell 1.1% in September, the sixth straight month of falling values. On a national basis, dwelling values are now 5.2% below their record highs from March 2026. Every capital city except Darwin recorded a fall in home values through the first month of spring, along with 71% of the regional…
What if the biggest risk to your wealth isn’t choosing the wrong property, paying a little too much, taking out the wrong loan, or even buying at the wrong stage of the property cycle? What if the biggest risk is something you haven’t even considered yet? I’ve been investing for more than 50 years, and…
When people think about building wealth, the focus usually turns immediately to investment strategies. Which shares to buy? Should I purchase another property? Is now the right time to invest? These questions dominate the conversation. Yet the most important contributor to long-term financial success is not investment selection. It is cash flow and debt management. The way you earn, spend, save, and…
70% of the people you run into in life are pessimistic and only 30% are optimistic. There are a lot of ingredients that go into the self-made millionaire stew. According to my Rich Habits research, optimism happens to be one of the most important ingredients. So too is a high tolerance for risk, which is…
Capital city home prices have continued to fall over September although the rate of decline has eased in most capitals compared to August results. The national capital city median house price fell by 1.0% over the September quarter to $1,212,850 compared to the August quarter, according to the latest data from My Housing Market. The September…
The Reserve Bank’s decision to lift the cash rate by a further 25 basis points is expected to place additional downwards pressure on housing demand, extending the market slowdown that has emerged during the current tightening cycle. The increase was widely anticipated, with inflation remaining too high and recent inflation outcomes stronger than the RBA…
