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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Property prices should grow strongly in most Australian capital cities in 2020 and 2021. And most Australian capital cities are set to hit new records this year according to Domain’s Property Price Forecasts – February 2020. Domain economist Trent Wiltshire forecasts Sydney will be the strongest property market in 2020 with house prices rising 10%…
![Melbourne Housing Market Update [video] | February 2020](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/09/MELBOURNE1-270x200.jpg "Melbourne housing trends - when a three bedroom house is no longer enough")
Melbourne housing values have been consistently trending higher since June last year, recording a cumulative recovery of 11.2% since the market trough. The upper quartile of the market has been leading the growth trend, with the most expensive quarter of housing recording an 11.5% capital gain over the past year while lower quartile values are…
In my Rich Habits Study, I had the fortunate opportunity to peer into the lives of 128 individuals who struggled financially in life. My goal was to figure out the underlying causes of their financial struggles. I learned many things. For instance, I learned that those who struggled financially had habits that, in many instances,…
Gosford has taken out the No.1 spot in RiskWise’s 2020 list of Top 10 Danger Zones. The NSW suburb topped the list due to a number of factors including the recent bushfire risk, oversupply of units (at more than 72 per cent of existing stock) and that units unsuitable for families were not in high…
If you’re looking to sell your Sydney home and move to Melbourne, you might be wondering what types of suburbs there are and if there are any equivalent areas. Of course, Sydney and Melbourne are quite different. However, you’ll be able to find similarities between different Melbourne and Sydney suburbs. Overall, you’ll be happy to…
Protecting your hard earned assets is increasingly becoming a common concern especially with the increasingly number of frivolous claims. For centuries people have used trusts to hold assets so as to protect them and to increase their flexibility. A trust is useful in this regard as the individual does not own the asset; it is…
Times are changing, no longer is the property news all good and the many mixed messages in the media are causing some would-be investors to doubt their decisions. Fear and uncertainty leads to procrastination and lack of action as you tell yourself “I’ll get around to it”, but you never actually do. So, to overcome…
I’ve said it before many times, and it bears repeating once more: as a property investor, you will pay for your education. You’ll either pay for it by actively seeking to educate yourself, by investing in courses, seminars and mentoring programs that help you grow your wealth. Or you’ll pay for it through making costly…
This week the ABS released its housing finance data for December 2019. The results show a strong uplift in borrowing for the purchase of property over the month. Total housing finance for the purchase of property increased 4.4% in December in seasonally adjusted terms, the highest monthly growth rate in over three years. It signifies…
![Adelaide Housing Market Update [video] | February 2020](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/04/adelaide-270x200.jpg)
Adelaide housing values were up 0.2% in January, continuing a trend of modest growth that`s been evident since October last year. The latest month of growth has seen Adelaide home values reach a new record high, after recovering the 1.6% decline recorded between late 2018 and mid 2019. Local unit values have been showing a…
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