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.
With spring around the corner, buyers, sellers and property professionals are gearing up for a lift in sales and listing activity – but for some sellers in Melbourne, Hobart and Sydney, spring does not necessarily mean that demand will lift. Spring can be a popular time for both sellers and buyers alike as the chill…
There’s a paradox about the way we respond to threats to the cost of living. On one hand, governments put in place subsidies for things such as rent and electricity, as the federal government did in this year’s budget. On the other hand, we get told these subsidies are inflationary because they put more free…
![[Podcast] The Great Wealth Transfer – Baby Boomers Passing the Torch to the Next Generation with Simon Kuestenmacher](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/08/The-great-wealth-transfer-with_Simon_Kuestenmacher-1-270x200.jpg)
Today, leading demographer Simon Kuestenmacher and I will explain why the 2030s is going to be an outstanding decade for property. Now and then there is a significant strategic shift that creates a substantial property boom. Today, you’ll hear why Simon believes the great wealth transfer of up to $6 trillion as the baby boomers…
The Australian Bureau of Statistics has released the July monthly Consumer Price Index (CPI) data. The monthly CPI indicator was 3.5% in the 12 months to July 2024, falling from 3.8% in June, the second monthly drop in a row. This is the lowest result since March 2024. The most significant price rises were Housing…
Melbourne has long been one of Australia’s strongest property markets, standing tall alongside Sydney. This has been thanks to its robust job market, high migration from overseas and interstate, and its reputation as one of the world’s most livable cities. However, in recent years, home value growth in Melbourne has languished while other cities continue…
Building homes is restricted mainly by planning red (and green) tape, high taxation, government munificence, and not being able to easily build what the market wants and/or can afford. Now that is off my chest – hopefully for the last time for a while – let me outline why stopping overseas migration isn’t really a…
Interestingly, studies have confirmed people have two beliefs about how intelligence works. Some believe it is “fixed” and others believe it is more “malleable” and can alter over time, depending on your life experiences. A “growth mindset” is the key. Students who believe that intelligence is fixed, are less resilient. If you truly don’t believe…
In this article, I talk us through the feasibility of a development project and whether or not to pursue it. Undertaking a property development requires many months of preparation before you actually get to see your hard labour bear any fruit. As we’ve already covered in previous articles in this series, there’s the groundwork of obtaining finance, sourcing…
The Gold Coast Council has decided to add a new ‘tax’ via massive rate hikes on unit owners living on higher floors of apartment buildings. More than 12,000 high-rise apartments have been included in the revised rate categories. This move, labelled a “view tax” by advocacy groups, affects high-rise apartment owners residing on the 40th floor…
We teach our kids how to behave in public, how to have manners and the importance of working hard at school. But why don’t more of us teach our kids how to invest? We spend our lives investing. We invest in our homes, in our businesses and in our relationships with others. Almost everything we…
