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.
Too many landlords think that property management is easy when it isn’t. And too many landlords never receive anything more than a “one-size-fits-all” property management service. But there is a better way to manage and grow your portfolio – and all you need to do is read on. A common problem One of the most…
Do bad things happen to you? How often? Seldom, occasionally, more than occasionally, all the time? If bad things are a part of life for you, it’s time for some serious introspection. We are creatures of habit. That means we do things without consciously being aware that we’re doing them. When life goes wrong too…
When it comes to renovating, the majority of home renovation projects are an investment that can add both value and appeal to your property. But there can be a big difference between renovating your own home for aesthetic appeal and to suit your own personal taste, versus renovating an investment property with the goal of…
The total amount of money stashed in offset accounts has hit another record high of $271.72 billion, as borrowers continue to stash cash in their mortgages despite the rate hikes, according to the latest APRA Quarterly ADI Property Exposure statistics data This amount is $43.67 billion higher than it was before the rate hikes began….
Queensland Treasurer Cameron Dick unveiled the 2024-25 Budget, a mixed bag of cost-of-living relief and new taxes targeting the property industry. One of the key highlights is the increase in transfer duty concession thresholds for first-home buyers. The ceiling has been raised from $500,000 to $700,000, with partial concessions available up to $800,000. This measure…
Millions of Australian homes are at risk of natural disasters and most homeowners are unaware, leaving them sitting ducks and potentially uninsurable, according to Domain’s 2024 Perils Report. Domain CEO, Jason Pellegrino, emphasized the urgent need for Australia to build viable, livable communities as the climate changes. Mr Pellegrino said: “Australians are struggling. Affordable housing…
As we near the end of the financial year, it’s wise to reflect on how you can optimise your tax position for the 2023/24 financial year. Below, I’ve outlined the factors we typically consider when reviewing a client’s position. Firstly, estimate your tax position When undertaking tax planning, the initial step involves estimating your tax…
![[Podcast] This city will deliver the strongest growth over the next decade, with Stuart Wemyss](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/06/MY-podcast-51This-city-will-deliver-the-strongest-growth-over-the-next-decade-Stuart-Wemyss-270x200.jpg)
If you’re a property investor, the most common question you will likely ask is, “Where should I buy my next investment property?” In fact, who wouldn’t give their second garage to know which city will outperform over the next decade? Well, that’s the question I’m going to ask my guest today – independent financial adviser…
My chart this week illustrates Australia’s population projections over the next 25 years. I have used the medium projection series, and this is founded on the population data and trends as at financial 2022. It is the most up-to-date data and was released about a month ago. The projections are divided into several scenarios, showing…
Are you considering buying an investment property off plan? There are just too many risks involved in the off the plan sector of the property market. As property prices continue to climb across the nation, reaching or surpassing their pandemic peaks while stock dwindles by the day, I can understand why some investors think it’s…
