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.
There’s a lot of noise about property investment at the moment. No surprises here, really. The recent federal election results, the chronic tightness in Australia’s rental market, and the looming spectre of changes to property taxation from the Labor government (with the Greens cheering them on and a weak opposition offering little resistance) have turned…
There seem to be so many mixed opinions on what’s ahead. And clearly, there is no shortage of people with opinions on what we should be doing with our lives, be it in savings, spending, or investing. However, over the years I’ve learned a lesson that I return to and that I recommend you bear…
While there’s been a lot of noise lately about rental growth slowing and affordability improving, the data paints a very different, and much more persistent picture. Despite slight upticks in rental vacancy rates in recent months, Australia remains firmly in a landlord’s market. And this isn’t a short-term blip, it’s a structural trend that’s been…
Newspapers and magazines are full of stories about work-life balance — why it’s important, how to achieve it, and why so many people struggle to maintain it. It’s a relatively new buzzword and, like all fads, is sure to be replaced at some point by another new one! But I want to talk a bit today…
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Have you noticed how Australia’s property market seems to have roared back to life recently? After a sluggish 2024, Domain’s latest House Price Report shows all eight capital cities recorded house price growth in the June quarter – for the first time in four years. And it’s not just houses. Unit prices are surging too,…
In May this year, the median house value across Brisbane surpassed $1 million for the first time on record – pushing the city into the exclusive million- dollar club alongside Sydney. The median house value hit $1,006,000 in May, up from $996,000 in the previous month and $942,000 a year prior. In June, house values…
As we move through the cooler months, Australia’s rental market is showing signs of seasonal rebalancing – but don’t mistake that for relief. In Sydney, Melbourne and Brisbane, vacancy rates remain tight, and asking rents continue to edge upward, albeit at a slower pace. Sydney’s vacancy rate nudged up to 1.6% in June, according to…
Over the years I’ve been teaching children about a simple but powerful concept – the ant philosophy. I think everybody should study ants. They have an amazing four-part philosophy. Here is the first part: ants never quit. That’s a good philosophy. If they’re headed somewhere and you try to stop them; they’ll look for another way. They’ll climb over,…
Home prices reached a record high, rising 0.3% in July and 4.9% in the past year, according to Proptrack. Australia’s median home price hit a new record high in July, but the pace of growth slowed over the month. The median price of a house is now sitting at $915,000 nationally, with the median unit…
While achieving financial freedom through property investing is very achievable for most Australians, it’s also quite an overwhelming task. You see, unlike buying a property to live in, the main reason for buying an investment property is to make money — to help you build a long-term “cash machine.” And the better you can nail…
