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.
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If you are serious about growing a very significant property portfolio and establishing a real “property investment business” – I’ve got some great tips for you today. And if you’re not sure what I mean when I say “treat your property investing like a business” or how you do that or even why it’s important,…
I know a reasonably common Google search is “what is Michael Yardney’s net worth ?” In fact, a question I’m asked frequently is, “Michael, what’s your net worth?” And while I can understand that this may be of interest to some people, I’m sorry to disappoint you… I don’t answer this question with a definitive…
![Melbourne Housing Market Update [video] | April 2021](https://cdn.statically.io/img/cdn.propertyupdate.com.au/wp-content/uploads/2020/01/melbourne-1-270x200.jpg?quality=70&f=auto)
Melbourne housing values recovered from the -11% fall between 2017 and 2019, and the -5.6% drop in values through the worst of the COVID-related downturn, to set a new record high for dwelling values in March. The median house value is approximately $860,000 while the median unit value reached $593,000. Local market activity has ramped…
The combined capital city clearance rate was recorded at 80.0 per cent over the March 2021 quarter, increasing from 69.4 per cent over the December quarter and 62.5 per cent over the March 2020 quarter. Looking at auction volumes, there were 19,004 homes taken to auction across the combined capital cities over the three months…
Have you ever wondered what your financial thermostat is set for? Perhaps the thought has never crossed your mind? Let‘s look at it a different way… What is your Air Conditioner temperature set for? I know where we live in Brisbane it runs at a consistent and cool 23 degrees Celsius. If the kids leave…
I took some time last weekend to look at some articles and commentary that came out about a year ago when the GVC (Great Virus Crisis) was just beginning. The media was full of negative commentary but in my regular podcasts my guests and I gave a much more measured commentary using our perspective gained…
The internet and newspapers are awash with stories of properties selling for amounts wildly above reserve. Such news can create FOMO and fuel buyer demand. But buyer overexuberance is rarely sustained for long periods of time. My feeling is that price growth will level out this year and I set out the reasons why below….
Average dwelling prices in Australian capital cities rose by 2.8% in March, their seventh consecutive monthly gain and the largest in more than 30 years. Prices are now up by 3.5% on previous record highs and almost 5% on pre-pandemic levels. Homeowners across the country are sharing in the good fortune, with Perth and Darwin…
Sydney real estate agents who deliberately underquote property prices will find themselves under scrutiny as NSW Fair Trading cracks down hard on dishonest real estate agents. Inspectors will attend auctions, open houses, and agencies across the city on the hunt for agents who are deliberately promoting a property for lower than its estimated value. Those…
![Perth Housing Market Update [video] | April 2021](https://cdn.statically.io/img/cdn.propertyupdate.com.au/wp-content/uploads/2019/04/perth-270x200.jpg?quality=70&f=auto)
The pace of capital gains has continued to accelerate across Perth, with dwelling values up 1.8% in March which was the fastest rate of appreciation since September 2006. Such a rapid pace of growth is seeing the market rapidly recover from the 22% peak-to-trough fall that ran between mid-20014 and mid-2019, followed by a…
