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.
Retail turnover increased by just +1.1 per cent over the year to January. After accounting for very rapid population growth and price inflation, this represents quite a significant slowdown for the sector. Source: ABS The national accounts reflected a very similar picture – the Aussie economy grew slightly in Q4 2023, up by 0.2 per…
Hindsight is a wonderful thing, isn’t it? Knowing what you know now, what would you have done differently if you had the opportunity to invest in property 10, 20, or even 40 years ago? Well, I’ve been investing for decades, which gives me the perspective to see patterns in the chaos that many others see…
Property investment is one of the best wealth-creation strategies out there. In part, because it has a long history of solid performance, so is therefore relatively low risk. It’s important to understand, however, that it is not completely without risk. That’s because every investment opportunity has an element of risk. The trick is to manage…
I don’t run into too many people who love to budget. And when you add another person to the mix, like a spouse or partner, there’s a good chance one of you will actually hate the idea. Budgeting clearly has a marketing problem. It’s a bit like flossing. We understand how important it is to…
The current state of the Australian housing market is often characterised as undersupplied. Supply is at the centre of government policy approaches to housing, and the latest reporting from Housing Australia estimates a supply shortfall of over 100,000 dwellings by the end of 2028. Despite a purported lack of housing, some dwelling markets are declining…
What are the main drivers of our investment markets? And, in particular, how do psychological peculiarities affect investors’ behaviour, way of thinking, and, eventually, their success? These and other questions were raised and answered by Dr Shane Oliver, Head of Investment Strategy and Economics and Chief Economist at AMP in his an Insight he wrote…
In the dynamic world of Australian real estate, we’re witnessing a tale of two markets, according to industry veteran John McGrath. According to McGrath, the contrast is stark: thriving luxury suburbs versus a more cautious lower-end market, each responding differently to economic forces. Steady growth at the top McGrath, the Chief Executive of the real…
Australian Tax Office (ATO) data shows that only 9% per cent of investors own three or more properties. So, if property was such a good investment, why do many stop at one? Unfortunately, most people simply buy the wrong property, buy emotively, sell quickly and never buy again, or stubbornly hold onto it hoping things…
What’s happened to your salary recently? Has it gone up? The average Australian salary is $1,888.80 per week or $98,217.60 annually, according to the latest data provided by the Australian Bureau of Statistics. This represents an increase of 4.5% year-on-year and you won’t be surprised to find out mining remains the highest-paying sector with an average salary of $2,951.80…
Owning a property on one of Australia’s best beaches is more affordable than you think. Tourism Australia recently announced its best beaches for 2024, and not a single one comes with a multi-million-dollar price tag like you’d expect. After all, for a property near Sydney’s Manly Beach you could expect to pay around $4.2 million, or…
