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.
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…
My wife and I are setting up a customs screening station in our driveway. No, we’re not starting an international airport. And it’s not for solicitors, strangers or gift-bearing guests. It’s for us and our stuff. From now on, before anything new comes into the house, resident buyers will need to answer a series of…
Albert Einstein is arguably the most famous physicist of all time. But he wasn’t just a brilliant physicist, however. As you’ll see from some of the following quotes, he was also remarkably wise and had incredible insights into society. 1. “Peace cannot be kept by force; it can only be achieved by understanding.” 2. “Common…
Fear is a powerful emotion that shapes our lives in profound ways, often subconsciously. It can serve as a protective mechanism, alerting us to danger, but too often, it becomes a barrier, preventing us from reaching our full potential. So as I look into the ten most common fears that can hold people back in…
If we manage to avoid a large catastrophe, we are living at the early beginnings of human history. The point of this text is not to predict how many people will ever live. What I learned from writing this post is that our future is potentially very, very big. If we keep each other safe – and…
With another building firm going into administration yesterday, affecting a further 120 projects, it wasn’t a great surprise to see that home-building activity was falling sharply in late 2023 as the pipeline shrunk. Apartment construction held up better. I’ve been of the opinion that anti-landlord legislation and new land taxes will stifle the supply of…
Tampering with negative gearing and capital gains tax concessions would cost the Federal Government up to $58 billion over just 10 years and gut the already-stretched rental market of supply, according to new research. After Anthony Albanese’s decision to break his election commitment to support in full the stage three tax cuts, despite repeated reassurances,…
