Property investment is certainly not rocket science and while you don’t have to be a genius to succeed in real estate, it never hurts to learn from great minds when trying to achieve great things. So let’s look at some quotes that have been attributed to Albert Einstein and see how we can turn these…
Since 2004, I’ve been immersed in studying what to do and what not to do in order to become wealthy and avoid poverty. Thanks to my Rich Habits Study and my ongoing Rich Habits research, I’ve learned an enormous amount about what it takes to become wealthy. Here are the most important things I’ve learned about building wealth:…
Currently, many Australians are focused on headlines about migration, population surges, rental shortages, and rising living costs. But beneath those noisy narratives sits a far more consequential demographic shift, one unfolding so quietly that many haven’t yet recognised its true power. It’s the Great Unretirement. By 2029, every Baby Boomer, Australia’s largest, most influential and…
As parents, we strive to arm our children with the necessary skills and knowledge that will guide them through life. A critical yet often overlooked part of this toolkit is financial literacy. Grasping money management from an early age can have a profoundly positive impact on a child’s life, setting the foundation for a lifetime…
Australia’s economy grew at its fastest annual rate in almost three years in the December quarter, rising 2.6%, although this is still modest growth by historical standards. Gross domestic product (GDP) for the quarter rose 0.8%, picking up from 0.5% in the September quarter, according to the Australian Bureau of Statistics. Both private-sector and government…
Every time rents rise, affordability worsens, or housing shortages make headlines, one group is dragged into the spotlight. Property investors. They’re called greedy. Accused of hoarding homes. Blamed for locking younger Australians out of the market. But is that actually true… or just a convenient narrative? After more than five decades in property investment, I’ve…
Towards the end of each year, many people start thinking about their financial position and what they want to improve in the year ahead. It is a natural time to step back and take stock. The problem is that most people focus on tactics – the next investment idea, a new budgeting app, a different…
I get this question all the time. Most property investment commentators will tell you that a vacancy rate under 2–3% is a sign of a strong rental market. That answer, however, is incomplete, and in some cases, dangerously misleading. Relying on vacancy rates alone has cost many investors significant money, particularly in inner-city apartment markets…
Interest rates are rising again. Inflation isn’t backing off. Sydney and Melbourne’s property markets are a little wobbly. And yet… National house prices are up more than 10% over the past year, and some capitals are still delivering boom-time results. So what’s really going on in Australia’s property markets right now? That’s what I discussed…
National home price growth picked up in February, consistent with the seasonal lift in housing market activity after the holidays, according to PropTrack. The report shows that prices lifted across every capital city, while nationally values are now 9.1% higher than a year ago. The national increase marks the fastest annual pace of growth since…
