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.
We are in the midst of the worst housing crisis I have seen in my five decades of being involved in property. It was a significant shortage of houses for those who want to buy, and worse shortage of dwellings for people who want to rent. And while all sorts of excuses have been bandied…
What would you tell yourself if you could go back in time and meet your younger self? What advice would you give yourself to make your future easier? Here are some of the things I tell the younger me. 1. Learn from your mistakes. Accept that you’ll make lots of mistakes along the way. They…
Cheaper homes don’t make for more homes. The contradiction at the heart of our housing challenge right now is that more supply is needed to help housing values come down. In reality, though, the residential construction sector is still struggling to deliver housing with a reasonable profit margin. For private sector developers and builders, arguably…
As the spring selling season kicks off across Australia, there’s an undeniable shift in buyer preferences. With auction volumes soaring and new listings at their highest level since 2022, Aussie homebuyers are making their wish lists more specific than ever. So, what are buyers craving in the homes they’re inspecting this spring? According to new…
One of the #1 traits shared by the self-made millionaires in my Rich Habits study was a positive mental outlook. The average net worth of those millionaires was $4 million. So, being positive is worth quite a bit of money. But what is a positive mental outlook? It is an upbeat lens through which you…
Today, we’re diving into some timeless wisdom that has guided investors for decades, but with a twist—how these principles apply to property investment. Ken Raiss and I will explore Benjamin Graham’s teachings from his seminal book, The Intelligent Investor, a classic in the world of investing, often revered as the ultimate guide to building wealth….
This question is one of the most common questions I come across from beginner property investors. You see, in markets like we see today, investors, buyers, and even renters are waiting to find out whether they should take the plunge now or wait for prices to come down… or even crash entirely is some property…
Like the rest of Australia, New South Wales is in the grip of a housing crisis that has been years in the making, driven by a combination of population growth, inadequate housing supply, and skyrocketing property prices. The latest recommendations from the Productivity and Equality Commission aim to address these challenges head-on with a range…
The number of Australian suburbs with a median house or unit value in the million-dollar club reached a new record high in August, according to the latest CoreLogic Million-Dollar Markets report. The report shows that 29.3% of the 4,772 suburbs analysed recorded a current median value at or above $1 million, up from a recent…
Everyone likes cash, don’t they? While most of us don’t have much of it in our wallets anymore because it’s been replaced by a bank card, that doesn’t mean that we don’t spend much of our lives wanting more of the stuff. Whether it’s through a salary or starting a business, most Australians would like…
