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.
Property investors in Victoria will soon need to meet minimum heating and cooling standards under new proposed minimum standards. The state government has begun the consultation process to expand rental standards, which includes requirements for ceiling insulation, draught proofing, hot water efficiency and cooling necessities. The proposed changes to Victoria’s minimum rental standards were open…
The total value of new housing loans rose 3.9 per cent in July to $30.6 billion, according to data released by the Australian Bureau of Statistics. The value of new investor loans rose 5.4 per cent to $11.7 billion, which was 35.4 per cent higher than July 2023. The value of owner-occupier loans rose 2.9…
![When Will the Global Population Start to Shrink? [Infograhic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2022/12/population-270x200.jpg)
Everyone alive today has only ever lived in a world with a growing population. And for the opposite to be true, the number of people being born would have to be outpaced by the number of people dying. As it happens, that particular inflection point is not too far off according to the latest estimates….
The property market is currently facing a challenging landscape with high interest rates and elevated dwelling prices, making it increasingly difficult for many to enter the market. With rising home loan rates, buyers’ borrowing power has diminished, leading to heightened demand and faster growth rates for more affordable properties. The latest PropTrack data confirms this…
To find out the answer we undertook a study to help provide us with some guidelines and found that certain types of views added a different value to a property. Our work identified the different views available and then we looked at how much they can increase a dwelling’s value. Our investigation was also based…
I’ve had my share of disappointments and failures; a litany of missteps and bad decisions mark a dozen pivotal chapters. But I’ve had some very real successes, too, and many of them thanks to my mentors. Each time I’ve meandered off course, generous people have come forward to coach and guide me back to my…
Almost every day I get a call from someone, somewhere and the first thing they say is, “I know you’re very busy.” I always find my inner voice saying, “I’m not too busy, actually.” But I also know what’s next. It’s typically some request for my time: a free speaking engagement, a podcast interview, a…
The latest national accounts show the Australian economy is struggling. It’s what you would expect after the sharpest series of interest rate rises on record, and is more or less what the Reserve Bank was trying to achieve to bring down inflation. Australia’s gross domestic product grew just 0.2% in the three months to June,…
There’s no doubt that good tenants are worth their weight in gold. So, it goes without saying that finding a property already occupied by a dependable, trustworthy tenant is something of a boon for property investors. Immediate rental income… no upfront agent fees… confidence in the reliability of the occupant… it’s an investor’s dream! If…
When it comes to real estate transactions, many buyers wonder, “Do real estate agents lie?” The short answer is that most real estate agents are honest, hardworking individuals who aim to help their clients achieve their property goals. However, the nature of negotiations in real estate often involves part-truths, half-truths, and little white lies. Understanding…
