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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I remember a year ago- in October 2020 – in these regular chats Dr. Andrew Wilson and I called the beginning of this new stage of the property cycle. But looking back over the first 9 months of this year, our property markets have performed even more strongly than anyone ever expected, with the rates…
There’s a lot of talk about interest rates in the media recently isn’t there? On the one hand, the Reserve Bank is saying rates are not going up any time soon. And on the other hand, rising property prices and decreasing housing affordability are causing many commentators to suggest interest rates are going to rise…
At its core, real estate is about demand and supply. Whilst housing prices are influenced by many variables – including interest rates; the availability of finance (liquidity); consumer confidence; employment; wages; economic growth; government policy etc. – what matters the most is simply the interplay between supply and demand. When demand exceeds supply, then values often rise. When supply…
Many novice investors make a simple mistake when they first start out. And that’s because they don’t understand the difference between their borrowing capacity and their affordability. So I’d like to clear up this issue to help investors manage their cash flow better in the future and to help them on their path to success….
How has the shift to blended working and strict international travel restrictions impacted the holiday rental and holiday home market? In the 2022 McGrath Report real estate doyen John McGrath explores: The rise of the digital nomad and workcations The surge in domestic tourism and where holiday rental demand is centred How the perfect storm…
In today’s podcast, we’re going to take a deep dive into the Brisbane property market with two of my regular guests, Stuart Weymss and Brett Warren. After a number of years of sluggish growth, Brisbane has been one of the strongest performing property markets over the last year and is likely to continue to be…
Despite what is now more than 3 months of lockdown in Sydney, and Melbourne still in lockdown number 6 – in fact with more Australians in lockdown than are not – our real estate markets are still in good shape with boomtime auction clearance results over the weekend and rising property values around Australia (see…
Education influences home buyers and property investors across a broad range of demographics and data shows that it is now influencing property prices in greater Melbourne’s popular education catchments. Education is a long-term consideration and, whether you are planning a family, have children already enrolled in school, or are an investor looking to attract long…
The facts are in, the average Australian is getting richer. Australian total household wealth (net worth) rose by a record $735 billion or 5.8% to record a high of $13,433.7 billion in the June quarter. Despite all the challenges Covid has thrown at us wealth is up 19.7% on a year ago – the strongest…
Typically, the steps to securing a loan including provide a few payslips that will serve to demonstrate your reliable, consistent income. Most of the time one or two will do, maybe three at most. And some documents that establish how long you’ve been employed. Relatively speaking, it’s a straightforward process. Unless you’re self-employed of course…
