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.
If you’re under 35 and considering buying a home, it might be time to rethink that decision. The economic environment and world of finance have shifted in recent years, and so should our perspective on homeownership. But does that mean you should give up on the dream entirely? Not at all! For generations, owning a…
Why are we blaming international students for Australia’s housing crisis? In recent years, as housing affordability has worsened across Australia, international students have been thrust into the spotlight as a scapegoat. It’s an argument that’s tempting in its simplicity: more students mean more demand, which pushes up rents. But the reality? It’s a lot more…
Only 4% of those raised in poverty become self-made millionaires. Sadly, I could share all of the Rich Habits, success tips, wealth advice, health research, etc. with everyone in the world and still only a small percentage would take action. Why are so few willing to take action and change their lives? Because change is…
National house prices surged over March following the February RBA interest rate cut with housing market activity rising sharply as 2025 unfolds. According to the latest data from My Housing Market, the national capital city median house price increased by 1.0% to $1,170,731 in the March quarter compared to the February quarter. The March increase…
As the fabric of Australian neighbourhoods transforms, the influence of LGBTQ+ communities on the real estate market offers a fascinating lesson in economics, equality, and empowerment. Properties in areas with high LGBTQ+ populations are increasingly becoming locations of strong property price growth, outperforming other locations in various aspects. What’s driving this growth? Cultural Vibrancy and…
Owning a home has long been considered a cornerstone of the great Australian dream. For many, it’s not just about securing a place to live, it’s a symbol of financial stability, success, and a ticket to long-term wealth. But as property prices have skyrocketed, outpacing inflation and wage growth, homeownership has become increasingly difficult to…
From White Lotus to Succession, there’s a high demand for television dramas about the super-rich. The characters on these shows are typically portrayed as entitled, hollow and sad. But they aren’t necessarily depicted as unintelligent. So are rich people rich because they are smart? In the middle of a cost-of-living crisis, this question goes beyond…
With the 2025 Federal Election now locked in for May 3rd, Australian property investors and homebuyers are naturally keen to understand how the electoral outcomes could impact the real estate market. Historically, elections bring uncertainty, and uncertainty tends to make markets cautious. Buyers hesitate, sellers hold back, and investors wait to see if major policy…
Auction clearance rates were lower in most capitals over the past week reflecting perhaps more choices for buyers as listing numbers surged. This weekend’s auction results around Australia: Capital City This Week Last Week Saturday Last Year Auctions Rate Auctions Rate Auctions Rate Sydney 1065 71.4% 834 73.9% Easter Easter Melbourne 1330 66.9% 1156 69.5%…
There’s been a lot of noise again about allowing first-home buyers to dip into their superannuation to purchase a property. It’s not a new idea—the Morrison government floated it in 2022, and now it’s resurfacing as a potential vote-winner for the Liberals ahead of the next election. At first glance, it sounds appealing, doesn’t it?…
