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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The statistics say it all – around 80% of Australians who invest in property never make it past their first investment. This is in spite of the fact that one property will never make you rich…it will never even make for a comfortable retirement when you consider that this stage of your life could represent…
Profitable dwelling resales continue to rise according to the latest CoreLogic Pain and Gain report which analyses the performance of property resales across the nation. Almost nine in ten (87.4 per cent) property resales over the September 2019 quarter sold for more than their previous price, delivering a gross profit of $18.7 billion for resellers…
I bet you made some New’ Year’s resolutions. Most of us did because resolve comes easily on December 31st. But give it a few weeks and many of the resolutions you made might already be in disarray, compromised, abandoned. And the resolute determination to make this year the year that you stick to your resolutions…
Are you a coffee or tea lover? If you’re looking for an excuse to drink more coffee or tea this infographic from LifeHack may make you feel less guilty. It worked for me:
Whether it’s the home you live in or an investment property; selling a house is a substantial transaction that is worth hundreds of thousands of dollars. Mistakes and oversights can cost you a lot of time and money, so you might be surprised to know that there are some all-too-common – and disastrously costly –…
![How to Avoid These 16 Cognitive Bias Traps Small Business Owners Fall Into [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/03/mindset1-270x200.jpg "Successful Property Investors are Lucky")
What’s standing between you and business or professional success? It may be you! Maybe you’re too biased to be a successful business owner? What do I mean by that? Well…did you know that as business owners we can sometimes be our own worst enemy? It’s not because of the decisions we make, the opportunities we consider or the…
The custom of making New Year’s resolutions has been around for thousands of years, but it hasn’t always looked the way it does today. The ancient Babylonians held their new year’s celebrations in mid-March when the crops were planted. They made promises to pay their debts or return items they borrowed. These promises were the…
One of the significant changes to occur in Australian cities over the past 50 years, which has pushed up inner and middle-ring suburb property values, is gentrification. Interestingly this wasn’t caused by deliberate planning policy, but resulted from a set of demographic changes that occurred in most major capital cities around the world, and especially in the inner-ring of city suburbs. Gentrifiers were…
We’re already well into a new year, in fact a new decade. And that means it’s time that little creatures come out of hibernation – they’re called forecasters and their predictions of what lies ahead of us abound. These relate to all areas but particularly property because almost anyone who owns real estate would give…
The ABS reported a sharp increase in dwellings approved over November compared to October. Capital city building approvals increased by 19.7% to 11,781 – the highest monthly result since May. November’s sharp increase however reflected the previous months low result of 9840 dwelling approvals – the lowest since January. Surging unit approvals were a major…
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