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.
Latest posts
There seems to be a disconnect between what is myth and reality when it comes to the number of investment properties that people own. We sometimes hear about “greedy” investors who own dozens of properties when this is not really borne out by the facts. Did you know that around 70 per cent of the…
Capital city weekend auction markets have commenced December with generally steady results despite another big day of late year auctions in most capitals. Auction results around Australia, Saturday December 2nd 2023: Capital City This Week Last Weekend Auctions Rate Auctions Rate Sydney 859 69.6% 914 68.3% Melbourne 1071 65.2% 1019 62.3% Brisbane 91 53.1% 102…
Are you wanting to start investing to make your money work harder, but don’t know where to start? As a beginner, you are clearly going to need a certain amount of capital in the form of savings. I often get asked questions like; How much should I be saving? or How much do I need?…
Do you think that the cash rate will hold this month? Well, according to the latest Finder RBA Cash Rate Survey, more than 4 in 5 experts (82%,) believe the RBA will hold the cash rate at 4.35% in December, leaving 18% predicting an increase. The survey had 38 experts and economists weighing in on…
Despite all the predictions of property Armageddon due to rising interest rates our property markets turned the corner early this year with all major research houses reporting higher median prices around Australia for eight months in a row. Despite a continuing conveyor belt of negative sentiment in the media, buyer sentiment has changed with early…
Internet entrepreneur Neil Patel shared 11 simple philosophies that changed his entrepreneurial life in a recent blog. I’ve found some of the best lessons I’ve learned are the simple ones. I’m still a voracious learner and if I haven’t learned something new by lunchtime every day I’ve had a bad day. I think the lessons Neil…
The latest Proptrack Home Price Index showed home values have remained resilient to higher interest rates this year, and this continued in November with prices continuing to lift and hitting fresh record highs in many markets, although the pace of growth has slowed due to the increase in properties coming to market. Further, it showed…
It’s time that we all stopped talking about mortgage stress. It’s been a hot topic over the last year and a half, following a spate of interest rate hikes by the Reserve Bank propelling mortgage rates to heights unseen since late 2011. There’s no denying that some first-time homeowners who capitalized on record-low interest rates…
Are you saving for a deposit for a new home? Well, according to the latest research from PEXA, Australians wanting to buy a home now have to work at least two years longer to save for the deposit than they did in 2020, with soaring house prices, rising interest rates and tighter lending criteria imposed by…
Aussies are still stashing cash, with household deposits increasing by over $7 billion in October and setting yet another record high at over $1.42 trillion. The latest APRA’s monthly authorised deposit-taking institution statistics show despite increased cost of living pressures, Australians are continuing to stash their cash in the bank, with more than $99 billion…
