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.
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Everyone in Australia has a credit score. It acts as an important indicator for lenders to gauge reliability and risk when it comes to repaying a home or personal loan. This means a good credit score is essential for securing a better interest rate on loans and boosting your overall financial health. No matter what…
![[Podcast] Answers to your property questions with Ken Raiss and Brett Warren](https://cdn.propertyupdate.com.au/wp-content/uploads/2024/09/MY-podcast-606-property_experts-KR_MY_BW-270x200.jpg)
Today is another of our popular question-and-answer shows where Ken Raiss, Brett Warren, and I answer a wide range of questions asked by the participants of a recent webinar. We answered questions about why the Melbourne property market is currently underperforming and when to expect it to turn around, there are a number of questions…
Despite high interest rates and the rising cost of living, the RBA recently reported that Australian household wealth rose again and a major contributing factor was rising house prices. Household wealth rose for the seventh consecutive quarter (up 1.5 per cent or $250 billion) in June 2024. Total household wealth was $16.5 trillion in the…
Australia’s housing market is facing unprecedented challenges, with no clear end in sight. Since 2020, rents have risen by 35%, vacancy rates have hit rock bottom, and the supply of new homes is woefully inadequate. The projected shortfall of 257,000 new homes over the next five years is not just a number—it’s a clear signal…
Almost everyone will experience an unexpected financial loss at some point in their life. In the current cost-of-living crisis, the cost of groceries, utilities and mortgage repayment bills are high enough already, so an added out-of-the-blue expense could be enough to send your finances into a tailspin. From property damage to an unexpected medical emergency,…
A new analysis from CoreLogic has identified 65 markets in Sydney and Melbourne where values are below record highs from the 2010s and vendors are even willing to sell at a loss… but buyers aren’t interested. Housing affordability in Australia continues to deteriorate on several fronts amd the rate of newly built housing supply has…
Have you ever wondered what successful people do to become…well..successful? Be they business people, entrepreneurs or property investors their success is caused by all the things they have chosen to do and all the things they have chosen NOT to do. Lifehack listed 20 habits that successful people make it a point to consciously avoid….
Are you wondering what will happen to the Melbourne property market for the rest of 2024 and into 2025? Over the last four decades Melbourne has been Australia’s strongest performing housing market ; however, over the last couple of years it has underperformed. In fact, over the last 12 months dwelling prices have been basically…
In Australia, the dream of homeownership has become increasingly elusive. With skyrocketing property prices, the affordability crisis is a topic on everyone’s lips. Politicians, media outlets, and everyday Australians frequently keep debating how to make housing more affordable. But is it really as simple as some suggest? Now, before you think I’m a rich property…
The total value of new home loans approved in the month of August was $30.38 billion – just 1.0 per cent higher than was recorded the previous month. Growth in the month was again driven by investor lending, up $164.7 million, or 1.4 per cent, according to ABS Lending Indicator data released today. Investor lending…
