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
First home buyer affordability has declined for the second consecutive quarter, reinforcing the latest ABS data that revealed first home buyer numbers – although still strong – have fallen over recent months. The My Housing Market National First Home Buyer Affordability Index increased again over the March quarter following a similar increase over the previous…
Your credit score is an important indicator that lenders use to gauge reliability and risk when assessing a loan application. A good credit score, therefore, is an important tool that will help your chances for success. If you’ve accessed your credit score and got a bit of a nasty shock, don’t worry too much, there…
Okay, so you’ve decided that you’re tired of living in your rental property or with mum and dad. You now want to become one of the millions of Australians who own their own home. So now what do you do? Here are 12 basic steps: 1. Check out your financial position First you need to…
The remarkable house building boom of the past year continues unabated with another record month of activity and no sign of easing any time soon. The ABS reports that the number of capital city house building approvals surged again over March to a new record monthly total of 10,075. The March result was 12.6% higher…
Your money habits can make you rich or put you in the poor house. According to a recent study by Brown University, in which nearly 50,000 families were surveyed, most of the habits we pick up in life come from our parents (Brown Study). This includes money habits. If your parents had bad money habits…
Value… it’s such a tricky concept to unpack and define. We all know that gold, diamonds, oil and even saffron are high-value commodities thanks to their scarcity, desirability, or the fact that we need them to go about our lives. It’s the delicate balance between supply and demand that drives up the value of these…
Investors are now roaring back into booming housing markets across the country to cash in on currently surging home prices. The ABS reports that the value of national investor lending seasonally adjusted increased by 12.7% over March to $7.8b – the highest monthly total recorded since the similarly strong market conditions of August 2017. All…
Australian employment hits a record high above 13 million in April – meaning that unemployment is down, but this was offset by rising under-employment. The latest Roy Morgan employment series data shows 1.31 million Australians unemployed in April – down 332,000 on March for an unemployment rate of 9.0%, the lowest since early March 2020…
Wondering what will happen to the Melbourne property market this year? Are you wondering what will happen to the Melbourne property market this year? Well… based on how the market has been performing so far it’s likely that will see double-digit Melbourne house price growth in 2021, with most segments exhibiting strong price appreciation other…
When you first thought about buying property as an investment vehicle, did the words ‘quietly boring’ ever pop into your mind? I’m guessing they didn’t. Real estate is often seen as an exciting affair and whatever names you have to describe it, “boring” isn’t like to be one of them. But investing isn’t just for…
