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.
The Reserve Bank’s decision to hold the cash rate steady at 4.35% in March wasn’t surprising. Many are betting on a downward trend in interest rates soon, though the exact timing remains a mystery, with some commentators now, believing it will be later in the year, initially hoped for. According to PropTrack’s Senior Economist, Eleanor…
Buying your first investment property can be both exciting and daunting. You’ve poured your hard-earned savings and/or equity into an expensive asset, and now you take on the responsibility of being a landlord and the challenges of property management to ensure you maximise the return on your investment property. Over the years I’ve seen numerous…
In an unexpected turn in the Australian property market, Adelaide and Perth are now nearly as pricey as Melbourne for the first time in up to 15 years, according to recent data. According to the latest CoreLogic Home Value Index, Adelaide’s median dwelling price jumped to $734,173 in March, a 1.4% increase, while Perth’s median…
New data reveals the Australian suburbs in each State where house price growth has outperformed the rest over the past 12 months. PropTrack data highlights suburbs with the strongest growth in values over the past year in each statistical area 4 (SA4) region, which are geographical areas defined by the Australian Bureau of Statistics with a minimum population…
It seems that Aussie households are struggling to clear their Christmas debts. In fact, credit card debt attracting interest charges has risen for the third month in a row according to the latest RBA credit card statistics. The total credit card bill attracting interest on personal credit cards is now $17.61 billion. At an average…
In today’s episode, I’m going to share two lessons with you. The first is five ways I’m going to ensure that my property investments outperform this cycle. Hopefully, I’ll be able to give you some ideas for your investments as well. Next, I’m going to share one thing you need to change to become a…
New South Wales is Australia’s most populated state, with just under a third of the national population residing in NSW. The disruptions of the COVID pandemic had a significant impact on the state, with a net loss of people through overseas and internal migration. With the borders reopening, NSW saw a spike in overseas arrivals. …
In the early days of humanity, food was scarce. So, the brain evolved to encourage gorging, or overeating. The body then stored any excess nutrients in the liver and in fats cells throughout the body. When scarcity returned, the nutrients stored in the liver and fat cells were converted to energy and used to keep…
Australia’s housing crisis is putting the Australian dream of owning one’s home out of reach for many. But it’s not just home ownership that has been affected. Rental affordability has also become a serious issue. This has reignited the debate about negative gearing; whether or not it is fair and whether it holds the key…
Q: I am a dual-national Australian citizen living and working in the UK. I was born in the UK, am Australian by descent and recently returned to the UK after nine years and nine months living in Sydney. I sold my principal place of residence in Sydney to purchase a new principal place of residence in…
