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.
A panel of 31 leading economists assembled by The Conversation sees no cut in interest rates before the middle of this year, and only a slight cut by December, enough to trim just $55 per month off the cost of servicing a $600,000 variable-rate mortgage. The panel draws on the expertise of leading forecasters at…
One of the biggest changes over the time I’ve been investing in property is the abundant availability of property research data. Today there’s a plethora of statistics offered about Australia’s property scene – median house prices by the year, the quarter, the month or day, median advertised rents, rental vacancy rates, auction clearance rates, days…
The latest 2024 First-Home Buyer Report from Domain, in collaboration with digital lender Unloan, backed by Commbank, offers a deep dive into the evolving landscape for first-home buyers in Australia. This comprehensive report paints a complex picture, primarily influenced by the current surge in interest rates. Quicker savings for a deposit – but it’s not…
This year, many unique factors could influence the property market. Exploring how these elements might impact property prices is intriguing. Of course, the longer-term outlook is important for investors, as it better aligns with their investment horizon. Short-term market expectations likely hold more relevance for potential vendors. Markets hate uncertainty The dominant theme influencing investment…
What are the best and worst things about living in Australia? Immigration to Australia commissioned a survey to find out what Australians think are the five best and worst things that immigrants experience in Australia Not surprisingly soaring property prices and rent were a significant concern, with over 80% of Australians citing this as a…
In today’s podcast we’re venturing into a fascinating area that intersects with both wealth creation and the human psyche. We’ve all heard of self-sabotage, but have you ever wondered why some of the most intelligent and capable individuals hit an invisible ceiling in their property, investment, or business ventures? Why do some people, despite their…
Today, I’d like you to engage in a quick exercise with me. Please get out a pen and paper, and answer the following questions: You have something you want to do, and you’re not doing it… yet. What is it? What’s the next smallest step you can take to make that thing happen? Why am…
Many successful individuals seek to mimic or model themselves after other successful people they admire. Typically, these are individuals within the same industry. This copycat strategy helps you in numerous ways: Avoid Mistakes – Because you are walking in the footsteps of other successful individuals within your industry, you are able to avoid making the…
Just over one-third (35%) of Australia’s regional coastal markets recorded housing values at record highs at the end of last year despite multiple rates rises, cost of living pressures, and market uncertainty, CoreLogic figures reveal. A thorough examination of Australia’s regional coastal suburbs to the end of 2023, unveiled a diverse spectrum of property performances,…
In recent years, we’ve witnessed a dramatic rollercoaster in Australian home prices. Despite the unexpected recovery last year following the downturn induced by interest rate hikes in 2022, the journey has been anything but predictable. According to the latest PropTrack Home Price Index, we saw a marginal increase of 0.02% in home values this January,…
