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.
Real estate agents perform a valuable job for both buyers and sellers, but it’s their aim to find the most buyers for properties they have listed, so their descriptions can often be a little on the optimistic side. Here’s our guide to how agents may answer your questions, and the real meaning that could lie…
We’ve all heard stories of so-called overnight successes. Well, I’m here to tell you they’re a myth. But what about the people who win the lottery or inherit a large amount of money, you may ask? I don’t consider those people to be success stories. They’re certainly fortunate — and good luck to them — but there…
Downsizing to a smaller house can sometimes feel overwhelming, but at some stage in our lives, the pros will begin to outweigh the cons. After all, downsizing your home to a smaller one is a great opportunity to save money and free up both your time and property equity. And it could help unlock some…
The interest rate outlook has changed remarkably in a short space of time. It was less than two weeks ago that financial markets and many economists were forecasting a rate cut as early as September. With the release of higher-than-expected inflation figures for the March quarter, a new ‘higher for longer’ mantra has emerged. Recall…
![[Podcast] Priceless investing lessons from influential billionaires, with Mark Creedon](https://propertyupdate.com.au/wp-content/uploads/2024/05/MY-Podcast-561-270x200.jpg)
Today, I’m joined by Mark Creedon, and together we explore some priceless investment lessons from some of the world’s most successful billionaires. These titans of industry have not only built immense wealth but have also mastered the art of sustaining it through savvy, strategic decisions. Mark and I are going to uncover how their golden…
Saving for a home deposit is a significant milestone for many, but the path to securing it can be difficult and take several years to achieve. Many people question how to save for a house deposit in the quickest and most efficient way, and thankfully I do have some tips and tricks to help. Here’s…
Is financial infidelity worse than adultery in a relationship? Well, a Finder survey of 1,096 respondents revealed that 1 in 5 Australians (21%) – equivalent to 4.2 million people – think lying to your partner about finances is worse than physically cheating. Baby boomers (23%) are most concerned with financial fibs in a relationship, compared…
With an aging population and ever-decreasing government resources, Australians are looking at being less reliant on the social security safety net and planning personal strategies to give themselves comfortable financial security in later years. Given the vagaries of the stock market, investing in property is being recognised as a less risky way of owning a…
Are you thinking of becoming a property investor? If you’re planning on trading the smashed avo and craft beer for a property portfolio, knowing where to start can be challenging – especially if you’re the first in your group of friends to embark on the property investing path. Here are six tips for young investors,…
The median weekly rent value across all Australian dwellings has hit a fresh record high of $627 per week, and rental costs range from $770 per week in Sydney, to $547 in Hobart . Summary of median weekly rent and value change – data as of April 2024 Region Median weekly rent Monthly change in…
