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.
Typically, you need a budget of circa $1.5 million to purchase an investment-grade house (investment property) in Melbourne, less in Brisbane, and a lot more than $1.5 million in Sydney. Of course, not everyone can afford this budget, so I wanted to discuss how to buy the highest quality property possible within your budget. This…
There are three things that we need to achieve happiness in life… Someone to love Something to believe in, and Someone to blame when things go wrong. Enter the property investment guru… Cashing in on these major needs, this dashing species has all of the hallmarks of success A rags to riches story that is…
In this article, I talk us through the risks involved in property development so you know how to manage them. Many investors approach property development with rose-coloured glasses, but in order to minimise your risks and maximise your chances of turning a good profit (remember you want at least 15 per cent on the development…
Despite years of advocacy and progress, women in Australia continue to face significant hurdles when it comes to achieving equal pay. A new report by Finder, in collaboration with UN Women Australia, shines a spotlight on the challenges that persist and the attitudes that may be holding back progress. A nation divided: the gender pay…
In November 2018, I hosted an investment briefing where I presented what I thought to be a compelling thesis on why the Brisbane property market was poised for significant growth. Brisbane’s median house price has since surged by an impressive average annual rate of 9.96% over the 5 years from 2019 to 2023. Consequently, the median house…
Each month I get together with leading financial commentator Pete Wargent, who brings decades of perspective to his views and we discuss the clues in the news as to what’s ahead, for our economy and property markets. Today we discuss the outlook for inflation and interest rates and what this means for our housing markets,…
The right of everyone to have a say in development is at the heart of modern urban planning. But as homes become ever more expensive, questions are being asked about whether it is OK to oppose housing developments in cities. Battlelines are being drawn between so-called NIMBYs – people who say “Not In My Backyard”…
![The Price of a Big Mac Across the World [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/04/save-money-270x200.jpg)
What can a Big Mac tell us about currency rates? As it turns out, quite a lot. The Big Mac Index, created by The Economist in 1986, started as a simple tool to make currency theory more digestible. Now, it’s a widely-known measure in popular economics to assess and compare currency valuations. In short, the Big…
Understanding the key demographic trends is essential for making informed investment and financial decisions as an investor, business owner, or entrepreneur. By examining these trends, we can better prepare for the future and capitalise on emerging opportunities. In the first episode of the Demographics Decoded Podcast, leading demographer Simon Kuestenmacher and I delved into some…
Is there one overriding secret to success? I’ve spent the better part of 16 years interviewing/studying rich people and poor people. As a result, I’ve accumulated an enormous amount of research data. I’ve shared a good amount of my research with tens of millions around the globe, thanks to my friends in the media and…
