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.
With our property markets bounding along nicely many first-home buyers are wondering if now is a good time to get a foot on the property ladder. I’m not sure what they’re waiting for; property prices won’t get any cheaper. You know what they say… The best time to get into the property market was 20…
Younger Australians in their mid-to-late twenties have significantly reduced their spending more than any other age group, according to the latest CommBank iQ Cost of Living Insights Report. In contrast, those over 65 continue to spend at rates above inflation. The report reveals that those aged 25-29 have cut their spending by 3.5% compared to…
The fresh smell, the clean slate, the low maintenance, and the primal need to be the first to mark your territory: are just some of the reasons why buying a brand new house or unit is enticing. However, that doesn’t mean it is a smart decision. The truth is, there are no ifs or buts…
![Life Expectancy by Region (1950-2050F) [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/01/Life-expectancy2-270x200.jpg)
Average life expectancy at birth is projected to surpass 80 years in most global regions by 2050, according to the UN World Population Prospects 2022. This infographic illustrates the trajectory of life expectancy at birth for both sexes, comparing data from 1950 and 2000 with the organization’s projections for the year 2050. Life expectancy to see substantial growth…
As a seasoned property investor, I’ve witnessed firsthand the intricate dance of the property markets. Over the years I’ve come to appreciate that property investing is a complex affair and despite all the podcasts, blogs, webinars and so-called “advisors” the fact is that most investors fail to achieve the financial freedom they are looking for….
You might be surprised to learn that wrangling a couple of little monsters and working in real estate have an awful lot in common. With their unique set of experience and skills, it’s no wonder real estate agents make fantastic parents! And it’s not just because they’ll be able to help their kids get into…
Did you know people fall into one of three groups? Let me explain… Martin Seligman is a psychologist at the University of Pennsylvania. In one of his studies on happiness, he found that people fall into one of three categories: 1. Pleasure Seekers These are individuals who seek happiness on a daily basis. People in…
Only a few months ago, there was talk about the hope of interest rates starting to fall by the middle of this year. Australia’s biggest bank in CBA suggested there could be six cuts in interest rates over the next two years. And then things changed, inflation remained more stubborn and the economy grew strongly…
Australia’s $48 billion education industry, our fourth-largest export sector, is about to take a significant hit, and it’s all tied to three main reasons: inflation, housing pressures, and the upcoming election. You see…despite 13 interest rate hikes, one of the key drivers keeping inflation high is the influx of people arriving in Australia—either as permanent…
The “latte line” is the infamous, invisible boundary that divides Sydney between the more affluent north-east and the south-west. Historically, people north of the line enjoy better access to jobs and education and can capitalise on rising property wealth. This has reinforced economic inequality. Despite our image as a classless society, similar spatial divides have…
