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.
When it comes to renovating, the majority of home renovation projects are an investment that can add both value and appeal to your property. But there can be a big difference between renovating your own home for aesthetic appeal and to suit your own personal taste, versus renovating an investment property with the goal of…
The total amount of money stashed in offset accounts has hit another record high of $271.72 billion, as borrowers continue to stash cash in their mortgages despite the rate hikes, according to the latest APRA Quarterly ADI Property Exposure statistics data This amount is $43.67 billion higher than it was before the rate hikes began….
Queensland Treasurer Cameron Dick unveiled the 2024-25 Budget, a mixed bag of cost-of-living relief and new taxes targeting the property industry. One of the key highlights is the increase in transfer duty concession thresholds for first-home buyers. The ceiling has been raised from $500,000 to $700,000, with partial concessions available up to $800,000. This measure…
Millions of Australian homes are at risk of natural disasters and most homeowners are unaware, leaving them sitting ducks and potentially uninsurable, according to Domain’s 2024 Perils Report. Domain CEO, Jason Pellegrino, emphasized the urgent need for Australia to build viable, livable communities as the climate changes. Mr Pellegrino said: “Australians are struggling. Affordable housing…
![[Podcast] This city will deliver the strongest growth over the next decade, with Stuart Wemyss](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/06/MY-podcast-51This-city-will-deliver-the-strongest-growth-over-the-next-decade-Stuart-Wemyss-270x200.jpg)
If you’re a property investor, the most common question you will likely ask is, “Where should I buy my next investment property?” In fact, who wouldn’t give their second garage to know which city will outperform over the next decade? Well, that’s the question I’m going to ask my guest today – independent financial adviser…
My chart this week illustrates Australia’s population projections over the next 25 years. I have used the medium projection series, and this is founded on the population data and trends as at financial 2022. It is the most up-to-date data and was released about a month ago. The projections are divided into several scenarios, showing…
Are you considering buying an investment property off plan? There are just too many risks involved in the off the plan sector of the property market. As property prices continue to climb across the nation, reaching or surpassing their pandemic peaks while stock dwindles by the day, I can understand why some investors think it’s…
If you could be one age for the rest of your life, what would it be? Would you choose to be nine years old, absolved of life’s most tedious responsibilities, and instead able to spend your days playing with friends and practising your time tables? Or would you choose your early 20s, when the time…
In Australia, Generation X born between 1965 and 1980, is shaping the housing landscape with preferences influenced by their life stage, career aspirations, and family dynamics. Today this cohort is between 44 and 59 years of age. There are over 5.11 million Gen Xers in Australia, yet this generation is expected to grow by just 27,000…
Whether or not we’re aware of it, there are two wars raging inside each one of us: Taking Action or Procrastinating. When we take action on our dreams and goals it moves us forward in life. Action creates ripples that produce feedback, which is critical in understanding if we are on the right track or…
