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.
Sydney is home to some of Australia’s (and even the world’s) most expensive properties. Its notoriously robust real estate market has remained impressively resilient, with property values defying predictions and steadily rising over the past 18 months. Sydney has led the current property upturn – prices started to rise in January 2023 at a time…
Just three weeks ago, Reserve Bank Governor Michele Bullock declared interest rate cuts unlikely in the next six months. But if there was any doubt about what was going to happen to global interest rates, the US Federal Reserve chair Jerome Powell removed it on Saturday. Before an audience of central bankers from around the…
Have you ever questioned where your money went? Do you live paycheque-to-paycheque? No matter what your income, good money habits can help to build wealth and set you up for financial success… but bad money habits can do the opposite. Bad money habits can see you dwindle your savings (if you have any) by continuously…
When I first walked out of my last actual job in the mid-90s, I have to tell you I was more than a bit scared. After I shook off the shackles, I realised that there would be no more nice fat deposits into my bank account from my employer. It gave me a jittery, butterflies…
In this article, I’ll explain the role of a town planning consultant and what you need to be asking yourself. Town planning consultants are professionals with qualifications in town planning or urban planning. Those in private practice have usually been employed by local councils or planning organisations for a number of years, meaning they know…
Whether they have incredible views or are in close proximity to the CBD, the beach, or both, Melbourne has some of Australia’s most desirable streets and they attract some of the country’s wealthiest people. However the Melbourne property market has not performed as strongly as some other capitals over the last year, but Melbourne’s property…
High Achievers are people who achieve some level of greatness in life. They might be successful entrepreneurs, professional athletes, Olympians, famous writers/authors, painters, engineers, singers, prominent religious figures, etc. Essentially, they are individuals who, through their actions, achieve greatness. And these high achievers all share certain common habits. Relying on my vast stores of knowledge…
![[Podcast] Property Development 101: The Insider’s Guide to Building Your Wealth Fast! With Greg Hankinson](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/09/MY-podcast-605-Property_development_with_Greg_Hankinson-270x200.jpg)
In our current fragmented property markets, with some locations performing and others languishing, many investors are looking to “manufacture” capital growth by participating in property development. While the property development process can be very lucrative, it is not without some pain and considerable risk. When all goes well, the results are fantastic, but if things go wrong,…
When it comes to housing affordability in Australia, many factors are often blamed: negative gearing, high interest rates, investors, developers, migrants, students, planners, government policies—the list goes on. While the reasons are complex, there is one simple reality: if we build enough homes where people want to live, housing becomes more affordable. According to Nerida…
Much is written about population growth and its positive impact on most things economic. But there is also a sting in that tale. Despite the intelligentsia telling us the opposite, the number of vehicles per capita, is on the rise in Australia. It is currently 794 vehicles per 1,000 bodies. It was 777 just before…
