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.
Today it’s common for couples to purchase a property before they’ve walked down the aisle or even lived together. Naturally, they assume they’ll be together forever, and don’t put a lot of research into the long-term consequences of how their ownership should be structured. So to help better understand this, let’s take a look at…
Anyone who knows me will tell you that I’m not really a risk-taker. I don’t believe in hedging bets or property hot-spotting, and I’m not a gambler or adrenalin junkie. However, I do know how to identify a good opportunity and seize it when it comes my way. I also know a lemon when I…
We currently have a shortage of houses for rent or to buy, and this is causing prices to rise and rents to skyrocket and the housing crisis, the likes of which I’ve never seen in my 50 years of investing. Of course, the main underlying factor leading to this challenge is that we are not…
The jury is still out on how the global economy is expected to perform in 2024, but as seen during the pandemic, economic turmoil sometimes provides opportunities for the wealthy. We visualize the percentage of high net worth individual (HNWI) respondents who expect their wealth to increase in 2024, categorized by generation and gender, from…
Australia is home to some of the most liveable cities and most beautiful beaches in the world, but now our nation is considered one of the world’s richest. According to new data from Founder Pass, Australia is ranked at number 8 for the world’s highest salaries. The ranking shows that Australians have a monthly average…
Australia is full steam ahead through the next phase of the property cycle, but supply issues continue to weigh heavy on the market. The lack of available properties is a market-wide issue, but there are some suburbs where homeowners are holding onto their properties for a record length of time. Meanwhile, in other areas properties…
There’s a noticeable shift in the Australian rental market with high income earners squeezing lower income earners in the rental market, according to a paper by the Australian Housing and Urban Research Institute (AHURI). Higher-income earners, those making $140,000 and above per year in 2021, grew from 8% of the private rental market in 1996…
People form the foundation of society, determining all manner of things from housing needs to economic well-being. And population characteristics can tell us much about how the inhabitants of a place have changed over time and where the population might be headed in the future. Australia’s population now numbers around 27 million. On its own,…
Just when we think the price of rentals could not get any worse, this week’s Rental Affordability Snapshot by Anglicare has revealed that low-income Australians are facing a housing crisis like never before. In fact, if you rely on the Youth Allowance, there is not a single rental property across Australia you can afford this…
![[Podcast] They’re coming for you! Will the government change negative gearing and CGT, with Mike Mortlock](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/05/MY-podcast-562-Mike_Mortlock-270x200.jpg)
Today I’m going to discuss several topics of interest for property investors with Mike Mortlock, the Managing Director of MCG Quantity Surveyors. Mike’s team has recently released a report titled ‘Rising Tide of Unit Rents Closes Gap with Houses in Major Capitals’ that sheds light on some transformative trends and provides an understanding of the…
