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 property investing circles it’s often said that you make the money on the deal when you buy. Most people think this means that if you buy a property “under market value”, then it’s considered that you made a profit on to the way into the deal, keeping you one step ahead of the game. Now…
Have you ever noticed how some people seem to build wealth effortlessly while others constantly struggle, even with higher incomes? It’s not always about how much you earn, but how well you understand money. And the truth is, many of the principles that lead to lasting financial success are simple, but far from easy. Morgan…
House prices continued to rise across Australia in June, recent data shows. Nationally, prices have risen about 38% in the past five years. Higher housing prices are simply one contributor, albeit a very important one, to the cost of living crisis that Australian households face. Energy prices are another. Those higher costs of living and…
Bill Gates delivered a powerful and personal commencement speech at Northern Arizona University—a graduation ceremony he never had for himself, having famously dropped out of Harvard to start Microsoft. Reflecting on what he wished someone had told him when he was younger, Gates offered five insightful pieces of advice to the graduating class—lessons that go…
The concept of ‘living within your means’ used to be a simple way of life. In years gone by, credit cards and personal loans were much more difficult to obtain, so there was really no other option. Today, however, we live in a society that offers easy access to unsecured credit. With the average Australian…
With the Reserve Bank of Australia widely tipped to trim the official cash rate by 25 basis points at its next meeting, savvy investors are already thinking ahead. According to Domain’s Chief Economist Dr Nicola Powell, the flow-on effects of a cut could be significant, not just for borrowers, but for property values Australia-wide. And…
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If you’re a first-time home-buyer or property investor, you might not have come across the term ‘conveyancing’ before. Likewise, terms such as unconditional, settlement, and ‘cooling-off’ period are also terms you may not be overly familiar with. And even if you’re a seasoned property investor, you would have employed a conveyancer or solicitor to assist…
Almost five years ago, I shared evidence that pointed to investment-grade apartments entering a growth cycle within a few years. That prediction hasn’t materialised as prices have remained relatively flat since 2020. But could that finally be about to change? My past work on this subject As noted above, I published a report in October 2020 analysing…
It’s been a solid six months of gains in Australia’s housing market, and July was no exception, with values climbing 0.6% nationally, according to the Cotality Home Value Index for July. But zooming in on Sydney, Melbourne and Brisbane reveals some sharp contrasts in the pace, and sentiment, of growth. Sydney continues to move steadily,…
It’s estimated that about 70% of businesses in Australia are family owned, and of those, roughly 40% are run by couples. That’s hundreds of thousands of Aussies sharing not just a home, but also a business, and all the triumphs and tribulations that come with it. Now, the idea of building a business with your…
