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.
The topic of financial health is one that many Australians put off for another day. So much so that the number one financial regret of Australians is not prioritising their financial health earlier in life. Most Australians do not have much saved up for a rainy day. More than half of Australians (53%) have $5,000…
Over the years I have seen many people think about getting rich, proclaiming affirmations, visualizing and meditating yet they don’t get rich. Let’s be realistic… to get ahead in the real world you have to take action. Why is it that most people don’t take action? Sometimes it is a lack of knowledge, but more…
This statement contradicts just about every evolutionary instinct we possess. We tend to seek out safety and avoid risk whenever possible. A classic example has to be the instinct that (still) tells us we are safer staying with the group. If members of the herd stray, they are easier for predators to pick off. Staying…
Demographics will always drive our property markets and because of their sheer size and stage in the life cycle, no generation will shape Australia more during the coming decade than millennials. According to leading demographer Simon Kuestenmacher, throughout the 2020s this generation of what he calls procrastinators will follow in the footsteps of every generation…
At the start of a new year, forecasters come out of hibernation with all of their predictions for what’s ahead of us. Property investors always want to know what’s going to happen in the future, but when you look at their predictions in the past, their track record leaves much to be desired. Should you…
At the beginning of this year data released by CoreLogic showed that dwelling values across Australia rose by 67.5% over the past ten years to December 2023. And despite forecasts to the contrary, last year’s dwelling values rose by 8.1%, on average, across the nation. Some urban areas did better than others. Dwelling prices and…
When you buy real estate for the first time, you sometimes come across a bunch of unfamiliar terms. What’s conveyancing? What’s a pre-settlement inspection? What’s a trust account? And another term that is probably relatively unusual to new developers or investors is “easement”. So, in this article, we’ll outline what an easement on a…
Where do the wealthy live around the world? Let’s look at the world’s top 20 wealthiest cities ranked by High-Net-Worth Individual (HNWI): # City/Area Country HNWIs (USD 1m+) 10-years HNWI growth Centi-millionaires (USD 100m+) Billionaires (USD 1bn+) 1 New York City USA 340000 40 724 58 2 Tokyo Japan 290300 -5 250 14 3 The…
I have a question for you. Now, this will work best if you grab a piece of paper, and write out your answer. Here’s the question: Why is your money invested the way it is? Before you go on, write down your answer on that paper. I’ve had a blast with this question over…
It can be an exciting time when buying real estate, can’t it? As I’ve said before, though, successful property investment should be less emotional than buying a home to live in. Either way, we’re all human, so sometimes our emotions can get the better of us. The thing is one of the worst times for…
