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.
Success is no accident. The most successful people in life – whether in business, family life, music, or on the sports field – may not always seem like they have much in common. How are The Beatles similar to Steve Jobs? Or Warren Buffett and Shane Warne? But when their traits, habits, and work ethics…
Sydney has once again cemented its status as a global leader in luxury real estate, with its prime rental market topping the charts for growth in 2024. This remarkable achievement places Sydney at the forefront of the world’s most coveted cities for high-end tenants, surpassing even heavyweights like New York, London, and Hong Kong. But…
If you’re feeling the pinch of the cost of living crisis, you’re not alone. New analysis reveals that the average Australian now needs to earn $107,730 a year just to maintain the same standard of living they had a few years ago. This is a significant jump from the $90,000 salary that was once considered…
There’s a good deal of misconception about building wealth through property. Along my journey, I’ve heard all sorts of reasons why people “just can’t” invest. The most common ones are: I don’t have enough money to buy property The market is too unreliable for property to be a safe investment any more. It takes several…
Being an investor or a businessman requires lots of knowledge and skills but quite often a team and partners to succeed. You may find outstanding leaders among the most successful entrepreneurs and it’s not a coincidence. Every successful company thrives on the power of teamwork and every team needs a proper approach. Using motivational quotes…
Every asset class comes with its own set of advantages and disadvantages, and property investment is no exception. I often highlight the many benefits of investing in property and offer strategies to become a successful property investor. However, it’s equally crucial to recognise the downsides that come with property investment and think about how to…
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…
