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.
In recent weeks I have noticed something interesting when speaking with potential clients. More specifically those who are existing homeowners and perhaps have one or two investment properties. Their homes have performed strongly on most occasions, but in many cases, their investment properties have struggled and in some cases, fallen behind. It got me thinking,…
It’s official: Australia’s rich are getting richer and there’s no such luck for those on the other end. But, the rich can’t keep getting richer than the average Australian forever – can they? Well…Australia has long been thought of as the land of the middle class, but when comparing the upper, middle, and lower rungs…
With all the talk about homes being unaffordable and with capital city property markets achieving record price growth, first-home buyers and indeed, first-time investors must save up a hefty deposit to get a foot on the property ladder. Many are finding it difficult – because there are a lot of sacrifices involved. Essentially, they must…
There are a plethora of books and blogs out there on success. And I regularly write about success for you on this site. But how about looking at it from the other side of the ledger? What are some of the common traits of failure that you can learn from to succeed? 1. Hanging with…
Believe it or not, Melbourne has one of the highest populations of millionaires in the world. But it has also been named one of the most unaffordable cities in the world to buy a home. And a recent report from the Australian Taxation Office revealed that two of the richest suburbs in Australia are in…
I received a question from a reader asking what would make a superior investment. An apartment in a blue-chip location, or a house for the same price albeit not in a blue-chip suburb. Will houses always deliver better returns? In general, houses often prove to be superior investments, mainly due to their higher land value…
The challenging conditions of the current property market have many first-time investors concerned. They don’t want to make a mistake – they realise that jumping in before they are ready could be costly. Do you want to avoid the common mistakes homebuyers make? Well…here’s a list of some of the common things I hear from…
Imagine you’re part of a group of cavemen, walking through the tall grass in the Savanna on the hunt for your next meal. Suddenly, a member of your group catches a glimpse of a lion out of the corner of their eye. The member motions to the other members of the group. In a split…
Foreign buyers are back in force with activity climbing 27%, according to the latest Foreign Buyer report. The Treasury has just released its latest data, detailing the activity of non-resident property purchasers across Australia for FY2022–23. Foreign buyers spent $4.9 billion on 5,360 properties which is a substantial rise from the previous year. Alongside a…
Did you know that you have many options when it comes to deciding the entity that should own your new property? Most property buyers, even seasoned investors, default to simply buying the property in their own name, but this is not always the best and most financially savvy choice. The legally recognised owner of a…
