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.
Australia’s spring property market has failed to gain its usua momentum, with home sales down more than 20% compared with the same period last year, properties taking longer to sell and capital city vendors accepting their largest discounts in five years. Cotality’s October Housing Chart Pack shows an estimated 39,747 homes sold nationally in September,…
![Sydney housing market update [video] | October 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/11/sydney4-270x200.jpg)
Sydney’s correction has now cost the median homeowner roughly $112,000. September delivered another 1.4% fall, capping a September quarter in which values dropped 4.9% and leaving the market 8.6% below the record high set in February. Eight months ago Sydney was at a peak. It has given up more than eight percent of its value…
![[PODCAST] Nobody Tells You These 10 Truths About Building Wealth Through Property](https://cdn.propertyupdate.com.au/wp-content/uploads/2026/10/802-10_Truths_About_Building_Wealth-MY-Youtube-cover-270x200.jpg)
What if the biggest financial mistakes people make aren’t about picking the wrong investment or getting the timing wrong – but about the things nobody ever sat them down and actually explained? I’ve spent over 50 years in property investment. I’ve read hundreds of books, attended countless courses, paid for mentors, and written nine books…
Australia is going to look very different in ten years’ time. We’ll have millions more people, an older population, smaller households and technologies that will change how we work and live. Our cities will evolve, new industries will emerge, and different governments will introduce policies that reshape our economy. But after more than five decades…
![Melbourne housing market update [video] | October 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/01/melbourne-1-270x200.jpg)
For the first time in nearly a year, Melbourne has something that could cautiously be described as good news. Values fell 0.7% in September, the tenth consecutive monthly decline, but also the smallest monthly fall since March. That matters because Melbourne has spent this entire cycle as the market with no bottom in sight. Ten…
SQM Research released its latest data on residential property vacancy rates and advertised rents for September 2026. Australia’s national residential vacancy rate increased to 1.4% in September 2026, up from 1.3% in August. The total number of residential vacancies rose to 42,290 dwellings, compared with 41,039 the previous month. Compared with September 2025, when the national…
Wealth creation is not a mystery reserved for the lucky few. Based on my Rich Habits research, which studied 233 wealthy individuals and 128 people living in poverty over five years, I’ve distilled ten laws that self-made millionaires follow to build lasting wealth. These laws, drawn from my findings and insights shared in articles for…
You can earn more than you did five years ago and still feel as though you’re going backwards. For many Australian households, that’s become a familiar experience as everyday expenses, mortgage repayments and tax absorb more of their income, leaving less room to save, invest or enjoy life. After more than 50 years of investing,…
Australia’s housing downturn has stopped sparing anyone. Cotality’s National House Price Index fell 1.1% in September 2026, the sixth consecutive monthly decline, bringing the cumulative drop since March to 5.2%. Every capital city except Darwin recorded a fall over the September quarter, and 97% of capital city suburbs saw values decline across those three months….
The expanded 5% Deposit Scheme has had a big first year. Since the changes introduced on 1 October 2025, the government reports 102,594 Australians supported. Income caps were removed, property price limits lifted and the number of places uncapped. For someone trying to save a deposit while paying rent, that is a sizeable leg-up. My…
