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.
Interest from foreign property seekers is surging as migration has bounced back to pre-pandemic levels. According to PropTrack, since the last Overseas Search Report in July 2023, searches from abroad have continued to increase, with buy searches up 11.5% in the past three months and rent searches up 7.8%. Ms Karen Dellow, Senior Data Analyst…
Construction is a $ 360 billion dollar industry in Australia. It’s what builds the homes we live in, the offices we work in, and the hospitals, schools and critical infrastructure that bind communities together. However, it has an Achilles heel: insolvency. According to data from the Australian Securities and Investments Commission (ASIC), 2,170 construction businesses…
Do you understand the best way to invest in a rising property market? As it currently stands, our capital and regional cities are primed for growth over the next year or two. There is no doubt most property markets and properties will do well over this period. But what happens when the cycle moves on?…
With Australia’s population growing rapidly, it makes sense to aim to increase housing supply. However, the government’s plan to build 1.2 million new homes in the next 5 years really doesn’t sound realistic. Here are unfortunately many reasons why housing supply just won’t keep up with population growth in the near future. Let’s look at…
You want to know the #1 rule of personal finance for couples? Spouses almost never agree on the definition of “financial security.” Even the simple act of talking about what to do with extra money can cause conflict in relationships. Why? Because at the core of these discussions are deeply-held values about what security (or…
When you think about what Steve Jobs accomplished, is beyond remarkable. He changed the way we live. To help you reach your career goals, we have put together some of his best quotes. Read them, be inspired by them, and then get out there and make your dreams come true: 1. Have the courage to…
What are the big rocks in your life? Put simply, your big rocks are your priorities. They are the tasks, projects or goals you absolutely must accomplish. If you’re like most people you’re likely to be very busy, but how productive are you? While successful people always find a way to keep a focus on…
A common property investing rule of thumb is that you should “buy property and never sell”. That’s because prices always trend higher over time which means you benefit from compounding capital growth. Of course, the rule-of-thumb should be adjusted to include “buy quality property and never sell” to ensure you maximise investment returns. But the reality is, that…
![You’d never believe how these big tech companies started [Infographic]](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/05/technology-792180_1920-270x200.jpg)
I’m sure you’ve read that as many as 80 to 90% of new companies that start-up fail. And those that continue on many fail further down the track Rarely does a business take a straight run at success, and that includes the likes of Apple, Facebook, Samsung and their fellow tech giants. Yes, even geniuses…
Australia’s housing recovery has gathered momentum, with combined capital house prices producing the steepest quarter-on-quarter gain since late 2021. House prices have now risen for nine consecutive months, in many locations making up for all their losses during the 2022 downturn, proving that we’re now well and truly into the next phase of the property…
